The annual statement of the Treasurer of the University appears this year in a clearer and more interesting form than ever before. It shows that the University was pecuniarily prosperous in all departments last year, though as the president remarks all departments had "unsatisfied desires." It is always true of a great university that its income is never sufficient to meet all the wants which are constantly arising. The annual expenditure of Harvard has gone up to more than nine hundred thousand dollars, and yet much more than this could be advantageously spent. This enormous sum only covers the ordinary expenditures. For the many special needs there must be special gifts. And in this year's report the president mentions special needs in almost every department of the University. The first and most pressing need is for a new library reading room; this is a university need. The college wants cheap dormitories, a new dining hall, and money could be well spent in enlarging and improving Hemenway gymnasium. The Lawrence Scientific School, in the healthy growth of which we are all interested, needs money to enlarge and perfect its equipment, especially to establish departments in Architecture and Mechanical Engineering. The Graduate School, which is growing into one of the strongest departments of the University, needs more scholarships and fellowship. The number of students in the Law School has become so large that the capacity of the present building has been reached; unless money is provided for its enlargement the number of students will have to be limited. All the smaller departments have special needs in the way of buildings or money to carry on special work. Besides all this more could be spent in every department for instruction.

Surely here is an ample field for the benefactor of education. These needs, all of them pressing, should appeal to those who are interested in the University.