Perhaps the Campbell Clan inspired the decimal system. Anyway, Will Selph seems to think one hundred pages would look better than ninety-nine; and since Llewellyn Shaw has "lumbago in his wrist", Will has drafted me as a "pinch hitter."

First, let me say that at the election yesterday Hindenburg wasn't chosen president, but Roswell Young was, and "Yours Truly" steps back to private life. The vote wasn't as large as might have been wished, but it was the view of the electorate that honors should be passed around. So I now wish to again express appreciation of the honor of being an officer, and extend best wishes to Roswell and to the other officers elected. Florence Bosard made a whirlwind campaign for Vice President, while Mary Snavely's simon pure efficiency knocked into a "cocked hat" the ambition of all other aspirants to the custodianship of funds. As to secretary, that always is a "dog's job", and since poor Will, when it comes to working for the clan, has so well earned the title of "OLD DOG TRAY", the secretarial function was thrust upon him over his protest.

Will has originated the slogan "ONE HUNDRED LETTERS FOR 1926". Better help him convert this slogan into a reality. The formula is as simple as a "dollar down and a dollar a week." All that is necessary is to write a 1926 letter when he asks for it.

In an insert the cost of the present book is mentioned. The duplication of books in the same household seems, no doubt, an unwarranted expense. Here is the real problem of finance in a nutshell. The first copy of an edition costs more than the entire balance of the edition put together. It really makes but little difference in the aggregate expense whether fifty books or seventy-five are made up. The problem of cost, therefore, is to distribute as equitably as possible the cost of providing a reasonable edition rather than to regard each copy delivered as we would regard a bushel of potatoes ---just so much by measurement. Where deliveries within a household or within a family are too much doubled up, it would seem entirely reasonable to take the above into consideration and let the combined family or household remittance be what it is felt the books represent to the combined household or family. The price per copy mentioned in the insert when multiplied by the number of copies manufactured represents the actual outlay. So with the above suggestion should be coupled the suggestion that to make up for the "discounts" proposed above, some whose families are small or some who just feel so inclined might remit in excess of the rate proposed. Why not try this plan for the present year and let us see if this somewhat Eutopian scheme will not just about supply the answer to the question of finances, and do it in a way that will satisfy everyone and give to no one the slightest sense of embarrassment.