Evidently A Misunderstanding

The increasing wealtli of American colleges enables no less than ten of them to publish newspapers. This luxury is indulged in by Yale, Cornell, Princeton, Brown, Stanford, Tulane, and the Universities of Pennsylvania, I Wisconsin, and Michigan.- Cleveland Leader. The Leader evidently does not understand that the Daily - in the case of the II. of M. at least- is a private enterprise, owned aiid managed entirely by students, for the express and only purposo of the practice in business and journalism it gives them.