LAST year $850 was subscribed for the H. U. B. C. more than was ever paid. Of this amount, one hundred dollars was put down by members of the class of '76, and, consequently, will never be seen by the Club. A careful statement of the financial condition of the boat-club will be found in the article called "Graduates and Boating," and it is as well that a word should be said to undergraduates on the subject while the graduates are being called upon. Among the other affairs of our University in a grievous state, may be reckoned a certain laxity about money-matters. The man who subscribes five dollars to help the crew, the nine, or what not, intends, in ninety-nine cases out of a hundred, to pay the money. He is not pleased, however, to be asked to pay it, and does not himself consider, nor do others generally consider, that he has done anything very much out of the way if his subscription is never paid. This, we submit, is not as it should be. A promise to pay is a promise that no man ought to break and still keep the respect either of himself or others. Once out of college, every one, no matter how dull of comprehension, will become convinced that he must pay what he agrees to pay or suffer the consequences. We have been informed, too, that the legs of the assistant treasurer of the H. U. B. C. are not made of iron. He is affected, like ordinary men, by ascending, many times, long flights of stairs in search of those who "will pay some other time." May we ask "those whom it may concern" to consider these facts?