Yeah, $230 may be a bit high, but considering the relatively-good quality for its age and the fact it's got a pre-radio Bill I can understand why the seller is asking for so much. At the very least, the pictures are worth saving.
As for the book itself, Bill was apparently known as "Spike" in senior year, and the list of interests (or specialty classes taken; not sure) include Radio. The rhyming blurb is also pretty notable:
A true born statesman is our Bill,
With a gift of gab, and determined will.
I think that pretty accurately describes Bill and what he did over the next 50 years.
