We make no pretense of any special knowledge of college finances which would justify us in offering any positive opinions on the matter, but for all apparent reasons it would seem to be one of the best financial investments the university could make to build another college dormitory. There is certainly need for one - the excessive demand for rooms in the present buildings, and the apparent willingness of students to pay any charge for rent, however exorbitant, is sufficient evidence of that. The demand is growing more pressing every year, and would seem to be one that could be justly satisfied by the corporation to their own advantage. It is hard to see why a dormitory built with modern improvements and reasonable accommodations could not be made to yield a sufficient return on the investment to supply in some measure the present deficit in the annual income of the university. If that happy time ever comes when Harvard is free from pressing money wants, then we may all unite in a prayer for a reduction in college rents. We can stand extortion when it is necessary, and when its fruits are devoted to a noble end, but perhaps sometime the day will come when it will be fitting for us to demand justice and reasonableness in these matters. But we give assurance that we do not make the suggestion of a new dormitory insidiously, thinking that thereby the increased supply will lesson the demand and cause a fall in rents. Such a result is really very improbable - nay more - impossible.
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