In another column there appears the annual statement of the finances of the University Boat Club. It will surprise nobody to see that the large total is in the wrong column, or to put it more clearly, that there is the usual debt that has not failed to put in its appearance on any boat club account since the memory of man. The deficit this year is $1,886.93. The treasurer's report which precedes the statement attempts an explanation of the grounds for this deficit. The expenses were chiefly augmented by the purchase of boats and the expenses attendant on the launches. It seems to us that it is just in these items that the management may fairly be accused of extravagance. It needs a more satisfactory explanation than has yet been vouchsafed the college, before we can recognize the propriety of spending $1,082.82 for this purpose, without taking into account $161.18 due on last year's bills.

In running our eyes over the expense account we find items of $693.48 for wages, and $153.80 for cook and help, each of which appear to us very high indeed. We should have to see an itemized account before saying more about the large sum of $693.48 for wages. As for the $195.01 spent for an engineer, there can be little room for question that this is extravagant pay for three weeks services in New London. The account of two years ago was $115.75 for catering.

Extravagance there is and extravagance there has been for many years, and it is high time that a radical reform be introduced.