EDITORS DAILY CRIMSON: Seeing an account in yesterday's CRIMSON that the Boat Club was $575 in debt last year, though reported free of debt, I think it only just to the college to explain how such an error could be made. The first item of $206 was for a Waters shell which the club last year deemed useless. As the boat did not fulfil Mr. Waters' guarantee, the club sent it back to him and refused to pay the above amount. The club this year voted to receive the boat back after he had extensively altered it and paid him the above amount.

The second item of $181 was for an '88 shell which was broken in August or September, 1886, while being moved according to orders of Captain Keyes. The club in April of this year voted to pay $181 to the '88 crew.

The item of $161 was for the running expenses of the launch last spring. The committee in charge of the subscriptions for the new launch were under the impression that it had enough to pay for her running expenses, but this fall, after my accounts were settled, the committee notified us that it had not enough money, and the boat club in November of this college year, voted to pay back what the committee had paid last spring for running the launch.

The item of $50 for Fearon was an old item of 1884, of which Mr. Storrow, '85, alone knew the existence, as it was not down on the books, and he mentioned only this year in January. The club then voted to pay it.

All the above items were expenses which the boat club this year voted to pay, and they could not have been set down in my accounts.

Of the rest, the item $80 for lifting the launch upon the cars, we only this week found was our debt, owing to a flaw in the agreement with the New London Railroad, which we supposed responsible for the debt.

Excuse my trespassing upon your space, but I thought it was only just to explain the apparent carelessness which your statement of yesterday implied.

Truly yours,F. S. COOLIDGE,Ex-Treas. H. U. B. C.