We have to congratulate the managers of the Co-operative Society on the successful result of the change in the mode of conducting the society's business that was adopted last year. As the report published in another column shows, the society has covered all its running expenses and has netted besides a profit of $2,200. If the directors lay aside a third of this sum, to be added to the capital of the society, as they contemplate doing and as, indeed, it seems to us wise that they should do, a sum of something over $1,500 still remains to be divided among the members. Although this sume is to be divided among the 700 odd members in proportion to the amount of their purchases during last year, there will be few who do not get back the full amount of their entrance fee, $1,50, besides having enjoyed the privileges the society offered.

This plan of doing the society's business proved so successful last year that it is to be pursued again this year and will meet, we trust, with equal success. No organization could have done more to bring the prices of Cambridge tradesmen within reasonable bounds than the Co-operative Society has done. It deserves aid and has the hearty support of the large majority of the students in college.