Page:The Fraternity and the Undergraduate (1923).pdf/257

 its principles had touched me only vaguely, superficially. As I listened to the addresses made, and as I saw the interest and the sacrifice shown by mature business and professional men in the progress and development of the fraternity, I felt that these principles were worth while, that they were vital, and that with such forces behind them the fraternity in the future is bound to outstrip anything that has been accomplished in the past"; and so I feel.

Fraternity men are coming to have a more democratic viewpoint. The whole trend of fraternity legislation is to emphasize the importance of careful business methods, of the conservative use of money, of sane and sound business principles in the conduct of fraternity affairs. The fraternity man is being taught to look after financial matters, to pay his bills, to keep out of debt, and to avoid extravagance. Systems of accounting, and the regular auditing of chapter accounts are all influences to help the fraternity man to appreciate the value of money and to keep his expenditures well within his income.

"I thought the fraternity was a brotherhood," a father wrote not long ago when his son was being pressed for the payment of a long overdue house account. "It is a surprise to me that you would