VvALH ALUMNI WEEKLY. 299° CURRENT YALE LITERATURE. Professor Farnam’s Liquor Problem Study. As mentioned in a recent issue of the WEEKLY, Professor Henry W. Farnam of the Scientific School Faculty, Yale °74, writes in the current Ailantic on “Some Economic Aspects of the Liquor Problem.” Professor Farnam is one of the Economic Sub-committee of the Committee of Fifty, which has just completed an investigation into some of the economic aspects of the problem. This will soon be published by Messrs. Houghton, Mifflin & Co. Professor Farnam gives in this article some of the main findings of the Committee which is, by the way, looking after facts. The Committee of Fifty has not yet de- voted itself, as we understand it, to the consideration of means of controlling the liquor problems or correcting the evils in its use. Professor Farnam’s article is decidedly sane and fair in its tone and rather hopeful, too. The figures secured by the Sub-com- mittee were evidently gathered in the most conservative way and are on the safe side in their statement as to crime and pauperism that are directly or in- directly attributable to the use of liquor. The almshouse study, which was very — representative, showed 37% of the cases could be traced to liquor in one way or another. Of 13,402 criminals, whose life histories were studied, it appeared that their crime stood in some direct or indirect connection with liquor in 50%, but in only 31% of the cases was liquor set down as the first cause. ‘‘These figures indicate that many of the cur- rent guesses regarding the effect of liquor upon crime are exaggerated as far as they apply to offenses which do not in themselves involve liquor as a necessary element.” It is shown, by the way, that in the study the effect of nationality in this matter is a feature which is very interestingly worked out. Of course, these figures, even though less than many estimates, show a seri- ous enough condition of things, and so the reader is looking all the while for such means as the Committee could suggest for restricting this evil. The Committee could not enter into this part of the investigation in detail, but it does make report on certain main features which are interesting. It sup- ports with figures the generally ac- cepted statement that the increase of light drinks has reduced the product of heavy drinks and the evil effects of the latter. It cites also the increase of various forms of outdoor sports as im- portant competitors of the saloon, in its function of club-house and general source of amusement. Still more im- | 5” TWENTY YEAR COUPON GOLD BONDS OF THE METROPOLITAN LIFE Insurance Co. | are of the denomination of $1,000 each; every Bond carries 40 coupons (each for $25), payable to bearer on January land July 1. Both interest and principal are payable in Gold Coin of present standard of weight and fineness, at the METROPOLITAN TRUST COMPANY OF NEW YORK. (Can be registered.) These Gold Bonds, guaranteed by the Metropolitan Life Insurance Company of New York (one of the strongest Financial Institutions in the world, having over 48 millions assets and over 7 millions surplus), can be acquired by any individual (man or woman) in amounts not less than $5,000 nor more than $100,000 by one single payment or convertible at death, by an annual deposit payable for life, or limited to 10, 15, or 20 annual deposits, or can be acquired convertible at death, or if living at end of 10, 15, 20, 25, 30, 85 or 40 years, annual payments limited to period selected, and should death occur after first annual deposit is made the bonds are immediately issued to your beneficiary or estate (no further payments required). These bonds pay 5 per cent. interest in gold semi-annually and at end of 20 years the principal sum is paid in gold. This is an investment unequaled inthe financial world Prospectus and full particulars given at the offices of V. R. Schenck Company, General Agents, 160 Broadway. portant is the attitude of the employers of labor on this question, where the rule is being more and more established of forbidding the use of liquor on the part of the employees or of treating very summarily any evidences of its abuse. The labor organizations, trade unions, benefit associations, as well as the con- stantly increasing army of holders in regular insurance companies, are all economic forces which tend towards moderation. “The facts set forth in this paper,” says Professor Far- nam, gives us a partial view of some economic :orces which, in the evolution of society, have come to stand for mod- eration, and suggest that the moral agencies of reform may yet find in purely economic elements their most powerful allies.” Arthur Colton’s “Elder’s Seat.” To the Editor of YALE ALUMNI WEEKLY: Sir:—Your notice of Arthur Colton’s contribution to the current Alélantic Monthly was good as far as it went, but it did not go far enough. In my humble opinion the piece deserves still more commendation. It is a bit of real litera- ture of a very delicate and a very high order. If the name of Arthur Colton had the circulation of some other names before the reading world, all reading folks would be talking about it now. Well, a good many of them are, as it is, and if Colton keeps on doing work of that kind, it will not long be neces- sary to call any particular attention to his productions. I hope, for one, that he will keep up that standard and will be ever exacting of himself. Here’s hoping for a new Yale name in literature. neti ALUMNUS. One can stand most anything in the way of bad editing in current publica- tions which are made up and published on express trains schedules, but there are some publications which we expect to come out letter-perfect, no matter how fast a pace of development they set or how advanced a leadership they take. One of these is the Atlantic Monthly, and when that publication shows that it dees not know how to spell the name of the Rev. Joseph H. Twichell of Hartford, it discourages people. Attempts to follow the personal for- tunes of 10,000 Yale men, more or less, in all parts of the globe, many of whom are excessively modest, have led us to appreciate the difficulties of infallibility in the personal side of journalism. We do not therefore charge ourselves with that contumelius indignation which a certain class of arm-chair critics al- ways visit upon reportorial or typo- graphical vagaries. Besides all that, the Critic is a good paper, a very interest- ing one, published by responsible peo- ple and edited by scholarly and also in- telligent persons. We suppose, also, that by this time at least a half a thou- sand people have called their atten- tion to a certain page in their last issue. We didn’t at first like to say anything about it. In turning over the leaf again, we couldn’t quite restrain ourselves. If the subject were any less conspicuous than the career of the late Professor of Palaeontology at Yale, and if there had been only a modicum of self-congratulation over the excessively fine portrait of this distinguished scholar which the Critic had been able to secure, one could have smiled and waited for the apology which was sure to follow. af. get The Corporation Withdrawals. [Hartford Courant.] All the men informally nominated were excellent selections, and it is a pity that any of them have stepped out. This competition should take the form of a free-for-all. Special regret will be felt in Connecticut that two such avail- able and desirable possibilities as Col- onel Osborn and Eli Whitney should retire. Many graduates will read the fact with real disappointment. Mr. Whitney, one of the leading business men of New Haven and the State, was brought out as a candidate late by his friends, but the suggestion was received with enthusiasm, while Colonel Osborn has been considered the likeliest of all policy | ‘a row on. Broadway & Cedar St. From one end of the land to the other, wherever men who demand the best are found, Fownes’ Gloves are the recognized standard of merit and fashion. They are best for dress, for the street, for riding, driving, or golfing — for all occasions and all purposes. To wear them is to be cor- rectly gloved. All leading haberdashers sell them. men named to be chosen. His untir- ing energy and his boundless enthu- siasm fitted him especially for the place. The ALUMNI WEEKLY says that in view of the competition the Colonel was ad- vised by his friends to get out, as “the game was not worth the candle.” This does not sound just right. Colonel Osborn’s candle is never in danger. Any game is better for its light. No- body will put that out, nor is he in the habit of turning aside when there is He did not consult all his friends, and very likely does not know how many they are. | —_____+4—___ Professor Wheeler of the Cornell Athletic Council has announced that the charges of professionalism preferred against Edwin R. Sweetland of the 1898 football team were entirely unfounded. Sweetland has been completely exon- erated and has joined the rowing squad. K ouNTZE BROTHERS BANKERS, NEW YORK. Investment Securities. Foreign Exchange. Loan made against approved collateral. Interest allowed on deposits. LETTERS OF CREDIT. THE WAY TO oo. CUROPE is H. Gaze & Sons, Tourist Agency, Established 1844. R. H. CRUNDEN, General Agent, 113 Broadway, New York. THOS. H. PEASE & SON, Agents, 102 Church St., New Haven, Conn. -Forty programs of tours to all countries now ready. Will be mailed post free. Write us where you are going. Individual trips; Escorted parties to Palestine, Egypt. Around the world Tourist Gazette, too pages, all about travel, free. Cuas. ADAMS. ALEX. MONEILL. Wwm.S. BRIGHAM. Yale ’87. ‘Yale 787. ADAMS, MCNEILL & BRIGHAM, BANKERS & BROKERS, | 71 Broadway, - New York. Members New York Stock Exchange. Stocks and Bonds Bought and Sold. Investment Securi« ties a Specialty. *“Long Distance Telephone, 2976 Cortlandt.” LEOPOLD H. FRANOKE. ' ALBERT FRANCKE, Yale ’89. ¥: 1S ale L. He & AY ERANCKE, BANKERS AND BROKERS. 50 Exchange Place, _ - - New York. Members New York Stock Exchange. Buy and Sell on Commission Stocks and Bonds dealt in at the New York Stock Ex- change. Also Miscellaneous Securities not listed on the Stock Exchange. Long Distance Telephone, 1348 Broad. HSU pANCE 0 jival GEORGE E. IDE, President. EUGENE A. CALLAHAN, General State Agent of Connecticut, 23 Church Street. New Haven. New York University Law School. DAY CLASSES (LL.B. after two years).—Twelve hours’ required work and six hours optional per week. The daily sessions (from 3.30 to 6 Pp. M.) are So arranged that the student may do effective work in an office every day. EVENING CLASSES (LL.B. after thee years).— Ten hours’ required work and four hours op- tional per week. Daily sessions from 8 to 1o P. M. LIBRARY FACILITIES are excellent. The Law Library contains over 11,000 volumes. FEES FOR TUITION, - $100 PER YEAR. For circulars, address L. J. TOMPKINS, RecistRAR, — Washington Square, New York City. “The Leading Fire Insurance Company of America.”’ 4, LA» A ——— W. H. KING, Secretary. B. CLARK, President. Incorporated 1819. Charter Perpetual. - (/ ISSN Cash Capital, - - - $4,000,000.00 ww 4 Cash Assets, - = - 12,627,621.45 % Total Liabilities, - - —_ 3,818,774.70 Net Surplus, - * - 4,808,846.75 Surplus as to Policy Holders, 8,808,846.75 Losses Paid in 80 Years, 83,197,749.32 E. O. WEEKS, Vice-President. A. C. ADAMS, HENRY E. REES, Assistant Secretaries. WESTERN BRANCH, 413 Vine St., Cincinnati, O. NORTHWESTERN BRANCH, Omaha, Neb. PACIFIC BRANCH, San Francisco, Cal. INLAND MARINE DEPARTMENT. { KEELER & GALLAGHER, General Agents. WM. H. WYMAN, Gen’l Agent. W. P. HARFORD, Ass’t Gen’l Agent. General Agents. BOARDMAN & SPENCER, CHICAGO, Ills., 145 La Salle St. BOSTON 95 Kilby St : Uuby St. PHILADELPHIA, 229 Walnut St. ORK, 52 William St.