1897

The Alumni Council sends word that Class Reunions had best be from Friday, May 15th, to Sunday, May 17th.

Frank Drew, who has been in the Peter Bent Brigham Hospital for thirteen weeks now (January 3rd) is enough better so that he has walked a little in the corridor. I learn indirectly that Frank is one of the most highly regarded and respected citizens of the town where he lives, Maiden, Mass.

A customary way of valuing a stock is so many times earnings. Thus (a) if the earnings are $2. a share and the stock sells for $10., it is selling at 5 times earnings If (b) the earnings are $1. a share, it is selling at 10 times earnings. If (c) the earnings are nothing a share it is selling at infinity times earnings. If (d) the company lost $1. a share, it is selling at more than infinity times earnings, which is a contradiction in terms. From (c) above we have zero times infinity = 10, which is unreasonable. It is a sad reflection that our most useful, most used, and most exact science is phony at both ends.

FROM THE CATALOGUE

The art of ruling mankind is to scare it and then save it from what you've scared it about. The colleges' scare machinery is the horrendous catalogue. I well recall how the use of the word "prosody" affected me as a poene. The 1941-2 Dartmouth catalogue has just come. It is a mighty imposing document, and it seems improbable that any freshman can get through. Under "Mathematics" I find that "A thorough and detailed study of ... . derangements, and partitions" will be offered as well as "problems in continuum." Under "Chinese" I find that a prerequisite to reading Hsiao Ching is to read Kuan Hua Chih Nan. Under classical civilization I find that a survey of Latin literature is to be made through the medium of English translations, a method of approach of which early traces may be found in years gone by.

Secretary, 50 State St., Boston, Mass.

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