STUDENTS PLAN MART FOR TEXTBOOK TRADE

A student enterprise to facilitate the handling of used books has just been formed under the management of Arnold Schnittkind '33, and Harold Frankel '34. This plan is similar to that followed by student councils at various colleges. It consists of a clearing house for used texts, which is called The Students' Book Exchange. Students either leave their books with the Exchange or list them with it. The books will be sold for 60 per cent of the list price. The student will then receive 50 per cent, the Exchange taking 10 per cent for its services.

This brings into being a new form of student cooperation. It organizes the system of exchanging used books among the students, obviating the difficulties of the current helter-skelter methods of exchange. Whereas formerly the student had to go running wildly about to sell his books to other students, or sell them to second hand dealers for very little, he now has an organization which will get him a fair price for his books in a systematic manner.

As a result of this plan students are enabled to reduce their book expenses considerably. A student buys a book for 60 per cent, uses it throughout the year, and then upon resale gets 50 per cent, thus paying only 10 per cent of the list price for his books.