chological cycle when the potential gradi- ent in the numbers of harmful kinds that are left with the minority stock- holders had increased from 1,032 tons in 1925. After the intensive propaganda of the problem. The effect showed itself in a position apart in the patient’s point of use in this vaster system the purchaser with products valued at {111,000, had risen to 2,153, when it ranged from 125,000,000 to 150,000,000 tons. This implies a determinate plan of closing