The December number of the Monthly, which appears this morning, is of unusual present and permanent interest. It is a "Yale Bicentennial" issue, and the first place in the articles and the editorials is given to a description of Yale's anniversary, its significance and its intercollegiate interest. "Yale's Bicentennial," a poem by Professor William Lyon Phelps, Yale '77, comes first in the contents of the number. This is followed by "Yale and Harvard as Rivals and Friends," by Professor Charles R. Lanman, Yale '71; "The Yale Spirit," a delightful appreciation of Yale life and ways of thought, by Professor Barrett Wendell; and "Retrospect and Confession," by Lyttleton Fox, Yale 1902, the president of the Yale Literary Magazine. An ode to Yale College by Henry Wyman Holmes is sincere and powerful.

The other articles in the issue,--"A Convert," a story based on the Yale Bicentennial, "Another Word for Robert Louis Stevenson," by George C. Hirst, and "Autumn" and "Ambria's Thanks-giving," poems by Lauriston Ward and R. M. Green,--are all exceedingly good.

This number of the Monthly--to repeat--will be found unusually interesting for its true and sympathetic appreciation, from several points of view, of what the Yale bicentennial meant to the College and what it disclosed in regard to the character and spirit of Yale men.