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Therein were a little compartment full of English gold, another full of French gold, another full of multicoloured French bank-notes; and loose in the satchel was a blue book of credit-notes, each for five hundred francs, or twenty pounds a thick book! And she would not have minded much if she had lost the whole satchel it would be so easy to replace the satchel with all its contents.
The first step toward informing the students concerning their marks and academic standing was taken in 1897, when the so-called "credit-notes" were instituted, in which students were told whether or not they had achieved Credit, grade C, in their individual studies. Mr. Durant had feared that a knowledge of the marks would arouse unworthy competition, but his fears have proved unfounded.
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