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."" I tli Commenccment. The fifty-fourth annual I ir.ent occurred yesterday. The graduatlng classes formed at their respective buildings under the direetion of the class presidenls. The proeeí-sion to University Hall was unfler the direetion of Harrison Soule, chief marshal. The commencement exercises Look place at 10 o'clock in University Hall. The oration was delivered by Benjamin Ide Wheeler, LL. D., Professor in Cornell University. His subject was "The Old World in the New," and was handled in a most able and interesting manner. After the address was the conferring of degrees. The commencement dinner will be held at 1:15 p. m. in the Waterman gymnasium. Tickets must be procured in the steward's office.