The question of an elevated railroad between Boston and Cambridge, which in now so widely attracting the public mind, is of the greatest importance to the university and Cambridge at large. The great argument in favor of the elevated road is that it would immensely reduce the amount of time now spent in travelling by the horse railways. Another consequence of the proposed change would be the necessary reduction of the present exorbitant rates demanded for rooms, and Harvard would cease to be, as it is, notorious for the high prices which its students are compelled to pay for rent. It is true that the present high prices of the Cambridge retail dealers might suffer from the advent of the new road. but this would be more than counterbalanced by the opportunity afforded the students and the citizens of Cambridge of dealing directly with the large stores in Boston. It is asserted that the elevated road would destroy the business prospects of the Cambridge stores. The truth is that the trade of Cambridge is essentially the trade of Boston and that the only result would be an immense saving of time. It is contended that an elevated road not only deteriorates the value of the real estate it passes, but also proves a disfigurement to the city and a source of much discomfort to the citizens. Let it be kept in mind that we are not speaking of a road which is to entangle the city in its meshes. It is altogether a different thing between running a road through the principal streets of the two cities and simply connecting them by one line. As to the danger to real estate, a road throwing Mr. Auburn and Green streets to main street and thence over the bridge to Boston would have no serious effect upon the value of the land. And thus would be avoided that discomfort which is incurred from running a road through the crowded streets of a city. We look at the proposed road from an economical standpoint and in it we recognize not only the source of great convenience and saving of time but also the future factor, perhaps, of that longed-for union of Cambridge with Boston.