the Board of Overseers by the Faculty of Arts and Sciences requires as a minimum of classical knowledge either elementary Greek or elementary Latin. The writer is inclined to think that at least an elementary knowledge of both Greek and Latin forms a desirable part of a liberal education, but at the same time he is not prepared to hold that the requisite intellectual training cannot be obtained from other studies, and therefore the writer is unwilling, by insisting upon a knowledge of both Greek and Latin, to run the risk of cutting off those capable and promising students who, at or near the time of graduation, have no knowledge of algebra. The writer does not feel strongly on this point, but is inclined to think that an elementary knowledge of both geometry and algebra affords a better groundwork for a university education than a more advanced knowledge of one of these subjects alone. . . .

"3. So far as history is concerned, the writer would be sorry to see it dropped from the list of prescribed studies.

"It is not believed that an educated man can safely regard himself simply as a horizontal slice of the present, but rather should be taught to realize that he is deeply rooted in the past, and that nearly every opinion and prejudice that he is called upon to encounter to-day has had at least its prototype in the past. It is sometimes alleged that it is to imperfect historical training that the successive financial and other 'crazes' which periodically sweep over this country are largely to be ascribed. Whether this be true or not, it cannot be doubted that a knowledge of history leads to an accuracy of thought and steadiness of judgment in such matters. The

writer believes that in order to fit a graduate of the College to properly discharge his duties of citizenship, some knowledge of history comes next in importance to a knowledge of how to write and speak English correctly and with force.

"It is also to be noted that history is a subject common alike to the classical and high schools of the country, so that the argument is not to be made against history that its requirement will cut off any substantial portion of the schools of the country.

"It is objected that history as now taught in the schools is superficial and unsatisfactory, but it is believed that the influence of the University can be powerfully exerted in favor of better and more thorough methods of study, and that, for the sake of encouraging the proper study of history in the schools, it is not necessary that historical study should be abandoned as a requirement for entrance to the College."

TREASURER'S STATEMENT,

1898.

The following is a summary of the statement of the Treasurer, C. F. Adams, 2d, '88, for the year ending July 31, 1898. Net income on general investments, $324,870.53, against $318,267.14 in 1897; at the rate of 4.37 per cent. as against 4.70.

Gifts for capital account, $1,146,323.40, as against $337,820.56; for immediate use, $90,662.14, as against $108,085.85 in 1897.

Invested capital, $10,230,960.12; in 1897, $8,963,053.30.

"The University, College, Lawrence Scientific School, and Library accounts, taken together, show a material increase of income from Funds as well as from tuition-fees. There

has been some increase of ordinary expenditure, chiefly for instruction, and an unusual expenditure of $18,250 for the extinction of the obligation of the College to the Museum of Comparative Zoology. The year's deficit of the Veterinary School, amounting to $1,728.31, has also been taken from unrestricted income of the University. This year the City of Cambridge has assessed taxes on certain lands and buildings belonging to the College and occupied by College officers or students. Pending the determination by the courts of the legality of these assessments, the College has this year assumed a charge of $2,922.50. For all these purposes, it has been necessary to use the whole income of the Stock Account, and to take from the capital of that account the sum of $3,846.32, for the year's deficit. For 1896-97 there was a like deficit of $18,370.23.

"The Divinity School, with a large increase of income from tuition-fees, and a corresponding increase of expenditures for instruction, has a deficit of $4,191.51. The annual gift from the Society for Promoting Theological Education, received since closing the books for the year and amounting to $2,088.60, would have largely reduced this deficit if received at the usual time. For 1896-97 there was a deficit of $1,305.37.

"The Law School, with more tuitionfees, has a surplus of $29,624.34. For 1896-97 the surplus was $7,103.88.

"The Medical School, with largely increased expenditure for instruction, has a deficit of $1,737.66. In 1896– 97 there was a surplus of $2,259.59. "The Dental School has a surplus of $4,900.64. For 1896-97 the surplus was $1,881.03.

"The Museum of Comparative Zoology used the income of its restricted Funds as required by the terms of gift; the Sturgis Hooper Fund being allowed to accumulate. There has been a surplus of unrestricted income amounting to $1,044.20, as compared with a surplus of $1,247.12 in 189697. In addition the Museum has received from the College the sum of $18,250, as a repayment of expenditures made in past years for the benefit of undergraduates. Of this sum $6,167.39 has been used to repay with interest the balance due the Agassiz Memorial Fund, for advances made for the extension of the Museum building.

"For the General Account of the Observatory there is a deficit of $269.82. In 1896-97 there was a surplus of $506.39. The income of the Boyden Fund has been used for work in Peru, and large gifts from Mrs. Draper have been used for the special research work of the Draper Memorial.

"The income of the Bussey Institution exceeded its ordinary expenses by $3,161.96. In addition, an unusual expenditure of $3,900 for rebuilding the Whitney barn was made from money received in 1896-97 from in

Daniel

Williams

1872. Perry Belmont to Jessie A. Sloane, at Greenwich, Conn., April 28, 1899. 1873. Isaac Newton Lewis to Etta A.

Lewis, at Palmer, April 19, 1899. 1877. Frederick Gridley Wheeler to Lucy Corbett Schuyler, at Portland, Ore., April 5, 1899. 1878. Frederic Ogden de Billier to Mary Hammond MacVeagh, at Montreux, Switzerland, April 15, 1899.

1881. Marshall Perry Slade to Jane Rosetta Carson, at New York, N. Y., April 11, 1899. 1882. Charles Armstrong Snow to Mrs. Fanny Devens Wallace, at Philadelphia, Pa., Jan. 2, 1899.

Pratt, at Fort Atkinson, Wis.,
May 10, 1899.

1888. Charles Francis Adams, 2d, to
Frances Lovering, at Washing-
ton, D. C., April 3, 1899.
1888. Valentine Mott Pierce to Mrs.
Marion Young Morel, at Miami,
Fla., March 20, 1899.

1888. John Walter Saxe to Sara F. Burtis, at Brooklyn, N. Y., April 11, 1899.

1889. Perry Davis Trafford to Grace Elizabeth Meeker, at New York, N. Y., Nov. 26, 1898. 1890. Morris Alfred Black to Lenore Ella Schwab, at St. Louis, March 2, 1899.

1890. Henry Hudson to Margaret Hayes, at Knoxville, Tenn., April 12, 1899.

1891. Arthur Ellington Burr to Emily Frances Sturtevant, at Hyde Park, April 17, 1899. 1891. Ralph Lincoln Emerson to Lillias C. Stephenson, at Atlanta, Ga., April 14, 1899. 1891. Torrey Everett to Mary Reeves Nixon, at Bridgeton, N. J., Feb. 2, 1899. Harris Eastman Sawyer to Ellen Margrethe Warberg, at Boston, Feb. 12, 1899.

1891.

1891. Thomas Jefferson Stead to Eliz

1848. Charles Enoch Huse, b. 1 March, 1825, at Newburyport; d. at San Bernardino, Cal., 6 July, 1898. 1850. James Fowler Lyman, b. 28 Aug., 1830, at Northampton; d. at New York, N. Y., 13 March, 1899. 1851. Thomas Parkman Cushing Lane, b. 30 May, 1827, at Ashburnham; d. at Mattoon, Ill., 28 Feb., 1897.

1852. Charles Thomas Bonney, b. 28 April, 1832, at Rochester; d. at New Bedford, 25 March, 1899. 1852. Edwin Hedge Fay, b. 17 March, 1832, in Autauga Co., Ala.; d. at Baton Rouge, La., 27 Dec., 1898. 1853. Hamilton Alonzo Hill, b. 2 Jan., 1832, at Worcester; d. at Boston, 18 March, 1899. 1858. Bradbury Longfellow Cilley, b. 6 Sept., 1838, at Nottingham, N. H.; d. at Exeter, N. H., 31 March, 1899. 1859. William Sturgis Bond, b. 20

March, 1838, at Chelsea; d. at Jamaica Plain, 18 March, 1899. 1862. Henry Parker Quincy, M. D.,

b. 28 Oct., 1838, at Boston; d. at Boston, 11 March, 1899. 1863. Alexander Ladd Hayes, b. 20 Sept., 1841, at Portsmouth, N. H.; d. at Cambridge, 14 April, 1899. 1870. Newton Dexter, b. 19 May,

1848, at Whitesboro, near Utica, N. Y.; d. at New York, N. Y., 21 Feb., 1899. 1871. Theodore Moody Osborne, b. 25

Nov., 1849, at Peabody; d. at
Boston, 6 Feb., 1899.

1891. Ralph Lincoln Emerson, b. 22
Jan., 1868, at Weymouth; d. at
Augusta, Ga., April, 1899.
1891. George Livermore Potter, b. 27

1891.

Jan., 1866, at Roxbury; d. at Pasadena, Cal., 6 April, 1899. Samuel Wells, b. 19 Jan., 1869, at Boston; d. at Redlands, Cal., 10 Feb., 1899.

1897. Charles Lester Barnard, b. 29 July, 1874, at Brooklyn, N. Y.; d. at Cincinnati, O., 30 April, 1899. 1897. Manuel Emilio Fenollosa, b. 7 June, 1875, at Salem; d. at Brooklyn, N. Y., 25 April, 1899. Medical School. 1847. Washington Ayer, b. 18 June, 1823, at Haverhill; d. at San Francisco, Cal., 15 Feb., 1899. Samuel Smith Drury, b. 26 Feb., 1825, at Bristol, R. I.; d. at Bristol, R. I., 9 Oct., 1879. 1858. Charles Henry Barrett, b. 13 May, 1833, at Rutland, Vt.; d. at Waterloo, Iowa, 6 Nov., 1869.

1847.

1860.

Duncan McLean, b. 1 Aug., 1833, at Springfield, Pictou Co., N. S.; d. at Shubenacadie, N. S., 9 Feb., 1899.

1861. James Francis Sullivan, b. 18 May, 1838, at Roxbury; d. at San Francisco, Cal., 24 Jan., 1899.

1865. Franklin Whiting Brigham, b.

13 Sept., 1841, at Shrewsbury ; d. at Shrewsbury, 28 Feb., 1899. 1869. Duncan Campbell, b. 1845, at Margaree Forks, Inverness Co., N. S.; d. at Port Hood, Inverness Co., N. S., 15 Nov., 1882. 1876. Seranus Bowen, b. 14 Feb., 1840, at Abington; d. at Waverly, 7 April, 1899.

1888. Frederick Henry Schaake, b. 19 Jan., 1865, at Lawrence; d. at Lawrence, 27 March, 1899. David Patrick Ronayne, b. 12 June, 1866, at Worcester; d.

1895.