The author wishes to thank the following periodicals for permission to reprint the articles in this book: _Life_, _The Detroit Athletic Club News_, _The New Yorker_, _Vanity Fair_, _College Humor_ and _The Bell Syndicate_. Thanks are also due to John Held, Jr., for permission to use his elegant engravings and to Carol Goodner for suggesting the title to the book. To you young men who only recently were graduated from our various institutions of learning (laughter), I would bring a message, a message of warning and yet, at the same time, a message of good cheer. Having been out in the world a whole month, it is high time that you learned something about the Facts of Life, something about how…
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