Word: debt
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Interest on debt...
Reduction of debt...
...debt of the Association due Harvard College amounted, Sept. 27, 1877, to $43,238.41. Interest on the same, 7 per cent, is $3,026.69 for the year, which divided into the nine academic months gives $336.30 as the monthly assessment against $361.91 for the preceding year...
...above information threw some crumbs of comfort to the members by assuring them that the decision had only been arrived at after a full discussion of many plans. One of these, it seems, was to close the Hall entirely, a course which experience has proved would result in a debt of $1,000 that would have to be made up by an increased rate of board during the succeeding months. It might also result in a more serious loss, namely, in that of the cooks, who are too good to be rashly parted with. To keep the Hall open...
...college Glee Club and the orchestra have agreed to give a concert to pay off the boating debt...