OUR EXCHANGES.

THIS week we are the happy recipients of the three Yale publications. The Lit. contains the Junior prize oration, - a comparison between Webster and Sumner, which is very well carried out. It is decidedly the best paper in the magazine, though the others are good.

The Courant is much troubled because knickerbockers have made their appearance here. It reprovingly remarks that "Cambridge men have now the reputation of affecting the swell," and tells us, in another column, that in New Haven "three-and-a-half-inch paper collars are all the rage."

The Record has gladdened our soul. It announces that the policy by which it has been governed from its birth is to be renounced. After heaping abuse upon that "scurrilous sheet," the New York Sun, it actually declares: "We beg the pardon of our readers for anything which may seem like Billingsgate in this article." It then adds: "We shall endeavor to keep our columns free from that offence in future. The issue of May 3 is remarkable in many respects, but nothing has startled us more than the editorial which begins: "It is the boast of all Yale men, that the discipline of this institution tends toward the cultivation of manly and independent qualities; and we behold with pride, and make much of the fact, that Yale men are free from what we term the foppery and affectation of the Harvard undergraduate." With this exordium, which shows that habit will exercise its sway in spite of the best resolutions to the contrary, the Record, in the new spirit it has announced, forgetting all bygones, humbly states that "beneath the dandyish exterior of the Harvard man you will generally find the instincts and the breeding of a true gentleman." It utters, then, this pious wish: "Would that from beneath our own bluffness and carelessness of appearance there might never crop anything less of true, manly courtesy."

THE Dartmouth University crew will consist of four of last year's men: Stevens, '77, C. S. D.; Robinson, '77; Frost, '76; Mitchell, '76, C. S. D., and two new men, Norton and Parkhurst of '78. - Advertiser.