A shrieking wind, thick with the sleety snow that knows no mercy nor feels remorse, beat vainly and with savage insolence against the staid windows in the lounging room of one of New York's most desirable clubs-one of those characteristic homes for college men who were up for membership on the day they were born, if one may speak so broadly of the virtue that links the early eighteenth-century graduate with his great-grandson of the class of 1908. Not to say, of course, that the eighteenth-century graduate was so carefully preserved from the biting snowstorm as the fellow of to-day, but that he got his learning in the ancient halls that now grind out his descendants by the hundred, one way or another.