NO. 1. KDIT01UAL8. 13 Jos in tholr proper places, but evidently there is some distinction in their reliUive vulue ton student of " Literature, Science nnd Art," Wo also notice Unit quotution murks htive been carelessly neglected in many places. The most conspicuous omission being at the beginning andend of the article in reference to the Hespeuian Student. It is hardly fair to rob the graves of the catalogues year after year, without at least some acknowledgment of their rightful possessions. The catalogue as a whoh', however, shows accurate work in its compilation. It is neat and concise in its arrangement, and indicates plainly the continual im provement that marks the career of the University. "PKOKIT AND LOSS.'" Until the present term, books used in the University have been procured at the usual business houses in the city, at twen ty per cent below the retail price. But at the opening of the present term, it soon became apparent that a combination had been formed, and that no reduction could be obtained; and students were compelled to pay book-sellers from thirty to forty per cent profit. We would not object to the profit made by them ; for it is their privilege to ask as much as necessity compells us to give; but we do ask that before another term opens in the Univer sity, some action will be taken to procure books at reduced rates. The catalogues of the University have, from time to time, announced that books could be obtained " at cost," a very truthful statement in whatever manner it may be understood. Hut students have been accustomed to consider, that " at cost," meant about twenty per cent below retail price. And such an agreement formerly existed between the University and book-sellers. But there was no sys. tcin in ordering books. Each Professor was left to send for those to be used by his own classes, and frequently overestima ted the number wanted. Hence the book seller was compelled to retain the balance for another year. And often times, just as the market opened for them, he found that the demand was for a new tcxt-book. This is anything but agreeable to a merchant, and it takes about forty per cent profit upon those sold to cover the loss upon those unsold. Certainly the University cannot expect accommodations at the financial expense of individuals. But let some one be ap pointed by the Faculty, at the close of ev ery term, to older the number of books for the ensuing term, a carefully estima ted by each Professor, and much can be saved for students who are compelled to puvchaso books for a six year's course. Even if the University should take the responsibility cf all books unsold that were ordered, it would bo far better than under the present arrangement. THE LKCTURK ASSOCIATION. All organization known as the "Students Lecture Association," lias at length been formed in the University. For some time previous, there had been much talk in fa vor of such an Association. But at the time appointed for orgtnizatlon, only about twenty students made their appear mice, to share the triumphs of success, or bear the responsibility in caso of a fail, ure. The chief object of the Association seems to be, to procure good lectures for the members of the Association, though funds, of great or small amounts, will eagerly be received by the Treasurer. The books are now open to subscrip tion for membership, and a rare opportun ity is now presented to every student to lie ir the best of lectures at a small ex peuse, and the additional trouble of be coming a member of the Association. It is an enterprise formed wholly by the slit dents, and deserves their hearty co-operation. We have felt the want of good lectures nrraraiinn8watfflwwr rnnnnm n rmmmmg