Repartee.

This year "Smad" will keep a record of the most sparkling interjections at College meetings and festivities. This month's palm goes to Mr. Marcus Riske for his general brilliance at the Professorial Welcome to new Students and particularly during Mr. W. P. Rollings's pathetic little allegory.

The latter was evidently likening the new students to the competitors in a steeplechase. "You are facing the starter's pistol," he told them. "And to-morrow you will be off down the track, all jostling each other for the inside running, stringing out behind one another, running the race of your life. Then, some will draw ahead and some will begin to drop behind. A few will fall in the track. The race will go on—those out in front——"

Max Riske's voice rang out in wild exultation: "Hail! Hail the new Nat Gould!"

Only those more intimately acquainted with Mr. Rollings and Mr. Riske will appreciate the situation to its fullest.