ACTUAL EXPERIENCE.

The recent announcement that the Guaranty Trust Company of New York has made arrangements whereby it will be possible for members of Yale University to engage in banking work in connection with their college work is an event of considerable importance to the collegiate world. It indicates that large business houses are finding it both practicable and profitable to co-operate with the colleges in order to obtain the best men available for their positions, and for the undergraduate it is another step toward simplifying the "after graduation" problem. It also will enable a man to discover his aptitude or inaptitude for this or that position by giving him practical experience before he actually makes his decision.

In the University, the Business School is largely concerned with men who have already made the decision as to what form of business they are to enter. To those men, however, who are still undecided, or who may not be able to take a course in the Business School, some arrangement with Boston banking houses, similar to that now in force at New Haven might prove not only beneficial to the individuals who would avail themselves of the opportunity for practical experience, but to the banks as well.

Banking houses, almost more than any other business concern, need college-trained men, and a practical course in banking is a valuable asset to any man. Professor Anderson's Economics 3 is an excellent supplement to practical work, but by itself cannot be of as much value as actual experience in a city bank. And if New York banks find it to their advantage to go to New Haven for new men, might not Boston banking houses find it equally profitable to investigate Harvard undergraduates?