LONDON, June 1. - The Cambridge Review published this morning a letter from the president of the University Boat Club concerning the projected race with Harvard College. He complains that the College boat clubs shows a disinclination to give financial support, and suggests the raising of a subscription in the university. The letter goes on to say; "It would be a great opportunity for drawing the two universities closer together, even though it is only through a boat club. I am sure nothing but good could result to us from having a more intimate connection with the university which represents all that is best in American culture. I am told that they have challenged our two universities so often that they do not think it courteous to challenge them again. Is it not about time that we should take the initiative?" - Globe.