There seems to be one defect in the papers of both Nussbaum and Smith and Schuster--namely, that neither of them mentions or apparently appreciates the fact that the thumb-pads, apart from the dermal glands, consist of horny epidermis developed from the living epidermis beneath. The horny layer is not shown clearly in the figures of Smith and Schuster. It seems impossible that the horny layer or its papillae could atrophy in consequence of castration, or be absorbed. The horny part of the frog's thumb-pad is comparable with the horny sheath of the horns in the mammalian Prong-buck (_Antilocapra_) which are shed after the breeding season and annually redeveloped. Meisenheimer claims that he produced development of papillae on the thumb-pad, not only by implantation of pieces of testis, but also by implantation of pieces of ovary. This seems so very improbable that it suggests a doubt whether the same investigator was not mistaken with regard to the results of his experiments in transplanting gonads in Moths. Smith and Schuster conclude that the normal development of the thumb-pad depends on the presence of normal testes, but that there is no sufficient evidence that the effect is due to a hormone derived from the testis. It is equally probable, according to Smith, that the testicular cells take up some substance or substances from the blood, thus altering the composition of the latter and perhaps stimulating the production of these substances in some other organ of the body. These substances may be provisionally called sexual formative substances. Smith's theory therefore is that the action of the testes in metabolism is rather to take something from the blood than to add something to it, and that it is this subtractive effect which influences the development of somatic sexual organs.