Word: bonuseers
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Dates: during 1876-1876
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...practice which has so long existed, of drawing for rooms without intending to use them, and selling them to those who are less fortunate in the allotment. By the old system all except the few who drew rooms were obliged either to pay a large bonus for the privilege of rooming inside the Yard, or else were obliged to room outside. This converted the allotment of rooms into a mere opportunity for speculation among the students, for which no capital was required, and of which the profits were often large. A change from such a system is what most undergraduates...