There are only two ways in which the expenses can be met and the debt reduced, by more liberal subscriptions from the students and a more rigid economy on the part of the management. The present management, although it disagrees with us on the question of blazers, has shown a commendable desire for economy in some other directions and more careful handling of their funds than has characterized many of their predecessors. Already several avenues of leakage have been stopped, but more remain. It is also probable that an estimate of the expenses will soon be published in accordance with our suggestion.

The other way to bring our boat club out on to a firm financial footing, is to subscribe more liberally to it. We take a just pride in our rowing record and in the club. Let the students subscribe liberal, but let them have their officers understand at the same time that they intend to hold them strictly to account for the manner in which it is spent. If the students subscribe enough for reasonable expenditures and for a reduction of the debt, the management cannot complain. If the students watch the officers closely by keeping acquainted with their accounts, their money is not so likely to be spent recklessly.