THE HESPERIAN c iv V EDITORIAL. The Chancellor's circular letter to stu dents, is just such as might have been expected from Chancellor Oanfield plain and to the point. There can be no gainsaying that it contains, altogether, a great deal of very good advice, which will, wo believe, bo generally followed by the students of the University. The strictest economy, intelligently oxercised, should bo nr.d will bo the watch-word in the University of Nebraska as wellas elsewhere during the ensuing yoar, and the Chancellor's letter must certainly encourage and cheer up many who are in need of courage and good cheer. In this letter, however, two suggestions are made of which wo desire to take brief notice, as they will probably excite consid erable discussion. We refer to the aban donment of tho project of the Annual, and to the withdrawal for a year from the Inter state Athletic association. It is, of course, for the class of '96 alone to decide whether or not the Annual shall be published. The publication of an Annual undoubtedly re quires a great deal of money, and a great deal of money is something that very few of us have to spare. Certain it is, that before definitely deciding to proceed in tho matter tho class should canvass tho situation very thoroughly, and in making their final decis ion should be careful that if they do decide to go on with tho Annual it is because their sober better judgment and common sense as wqll as class onthusiasm tolls them that it may bo safely and wisely done. As to athletics in the words of a member of tho board of editors for tho Annual "Bettor abandon a dozen annuals than with draw from tho Intor-Stato Athletic associa tion." TnE Hesperian hardly believes that a withdrawal from tho association will bo necessary, at least it sincerely hopes not. It has been hard and up-hill work to bring athlottcs to their present standing oven, in the University. "What a year of inaction, a yoar of loss of energy, loss of enthusiasm would result in, we hesitate to say. There can bo no doubt that collogo athletics, college spirit, and collogo grit and backbone would all suffer much wore wo to withdraw, where as, if wo will only set our teeth hard, tighten our belts another notch and stand shoulder to shoulder through tho passing storm wo can and will come out stronger and more enthusiastic than we ever have been before. And economy can bo practiced in tho asso ciation as well as out of it. By getting along for this ono yoar without a coach for tho eleven, and by using last year's suits, tho foot-ball team, with only reasonable luck, will come within $150 of paying ex penses, while good luck would reduce tho figure to loss than $100. But oven $150 will surely be very little to be contributed by the students, when wo consider that in past years they have contributed three and four times that amount to the support of the association. A quarter of a dollar from each student means that wo can presorvo our or ganization and como through with flying colors. Shall wo allow that splendid organ ization which has done so much to oxcito and keep alive our college spirit, which has been such an effective advertisement for our University, to sink into comparative ob scurity, to suffer the danger of complete disruption, all for tho sake of a quarter each? This is the question which each student should ask himself; it is tho question which each student must answer, and TnE Hes perian has too much faith in the loyal col lege spirit of our students to ooliove that they will answer it with any other word than "no." Anont the Chancellor's circular letter, we wish to say, to new students especially, that it does not apply in any particular to The Hesperian. If you would enjoy "tho satisfaction which always follows intelligent thrift," tho first duty you will perform, a duty to tho school, to yourself and to your parents at homo to whom you will send tho paper after having