THE
PETkRITE. Vol . . XI .
JANUARY 1891 .
No . 90.
EDITORIAL. E are now in a position to otter a balance sheet to our readers. It will be seen that there is the heavy deficit of more than nineteen pounds ; yet, though this is an unfortunate state of things, it must be observed that the deficit from 1889 has been reduced by nearly three pounds. Thus those who say that the paper cannot pay its way are clearly mistaken . Again, if the balance sheet be examined closely, a cur ious fact comes to light, viz . : that though the number of O .P 's . who take in the paper exceeds by about fifty that of present members of the School who are subscribers, yet the former have paid a considerable amount less than the latter in support of its finances. We are permitted to elucidate this curious paradox for the benefit especially of members of the O .Y. club, and we are sorry to say that it is mainly owing to those, who, whether from mere ennui or otherwise, allow their subscriptions to get seriously in arrears . Thus, to take the case of the year 1889, instead of receiving at least eighteen pounds, the officials obtained but thirteen from the members of the club. We are determined if possible to see the deficit wiped off this year, and some measures will be taken to attain this desirable end during the term. At the O .P . meeting held at the end of the Christmas term, Arthur Peters was appointed to assist the editors in connexion with any matter
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