THE Rockefeller Foundation's report for 1933 presents a tale of vast and varied activities, for the financing of which it had, in pursuance of its mission “to aid in the process of the rationalisation of life”, made itself wholly or partially responsible. Its policy in relation to the pressing social problems of the day is guided by the principle that it “can neither remain indifferent to them nor relinquish the support of the fundamentals on which in the long run the control of man's destiny depends”. In medical and natural sciences, emphasis has been laid on the problem of mental health and the advancement of the rapidly evolving modern science of man; in the social sciences, on the problem of economic structure and process, international relations and community organisation and planning; and in the humanities, on the encouragement of international cultural understanding and the preservation and interpretation of American culture. Early in the year a sum of a million and a half dollars was set aside for emergency grants for work in connexion with the ‘new deal’ programmes. Contributions were also made as an emergency measure towards the salaries of eminent scholars displaced for political reasons in Europe and ‘adopted’ by universities in Europe and the United States. Appropriations during the year totalled about ten million dollars. Among the larger appropriations in the field of the social sciences were: Brookings Institution for Economic Studies, 250,000 dollars; Institute of Economic and Social Research, Paris, 350,000 dollars; League of Nations, 275,000 dollars; National Bureau of Economic Research, New York, 225,000 dollars; social science research aids, 150,000 dollars; Social Science Research Council, New York City, 265,000 dollars.