Page:The Fraternity and the Undergraduate (1923).pdf/178

 have been back to enjoy and to admire the house after it was built, but their appreciation has not gone further than laudatory words. In recent years it has been the policy of the chapter to require each one of the initiates to sign a series of these notes, though each man is allowed to set the date when his first note is to be paid. It was our hope when this scheme of house notes was devised that some of the brothers would pay them out quickly and that with the first money we accumulated we should invest in a suitable site for the house.

I remember with what delight I received the first payment. It came from one of the brothers who was getting well or working or enjoying himself at some German health resort, and who sent me a postal money order for fifty marks. I had never had any occasion previous to this, excepting when in the grades, I was working out my problems in compound numbers, to satisfy my curiosity as to how much real money one can get for a mark, but I find that the first entry I made in the ledger which I immediately started is $11.80. I guess I got the full worth of the order as marks go now.

The house notes as they came due were paid with reasonable promptness. Some fellows who had little money and who, therefore, had to manage their financial matters carefully, sent in the