[X-Unix] Rotating the console logs?

[Jeff Porten]

Client just asked me how to set up his Panther system so that his / 
Library/Logs folder is rotated daily -- as it stands, these files can  
grow quite large.

I noted that my Tiger box already does this, but I don't know where  
to go to add a config line for Panther.  Doable?  Alternately, if  
there's a manual command that will clear or compress the logs without  
munging up the console, that'll work too -- I ran a test on my  
Panther box, but couldn't tell if gzipping the main file caused  
ConsoleMessage to create a new file next time it logs something.

Thanks,
Jeff