The committee regrets to say that the subscriptions have not been sent in as rapidly as desired. Very few men have made any return at all and at present the average subscription is below the required amount. The committee, therefore, request the members of '98 to send their subscriptions to the treasurer as soon as possible. They also request that all who are able should enclose the first instalment as it is desirous to have money on hand to meet current expenses. In years past single subscriptions have reached as high as $500, and '98 should attempt to equal this record. Considering the fact that the subscription is payable in five annual instalments we trust that each man will give as much as possible and as soon as convenient to avoid unnecessary trouble for the committee at the end of the year.