There is only one exception which the bookseller is permitted under the proposed regulations to make, and that is a discount to the library. That discount is limited to ten per cent., and I think it should fairly be stated that this may increase, perhaps by five or ten per cent., the actual prices which some libraries, at least, have been paying for their books. That is a disadvantage from the library point of view which must be faced. I do not know that it will increase the price in the case of libraries generally. In the case of the public, it has been true that while many have paid the lower price for the books, others have been asked the full published price, so that there has been an inequality of price where the person best equipped in one sense, least equipped in another, has had the advantage of the lower price. In other words, the person who had most books and knew most about them, got the book at a very low price, and the person who was really most in need of the book, because he knew less, had to pay the full price for it. I do not believe myself that that is the right or a good way of doing business. It would not be the method which you would permit in libraries, of treating one person differently from another, because the fundamental proposition of this Association is that the public should be treated equally and justly. Take it altogether, I for one believe that although in some cases there may be this slight rise in cost to the library, the whole library situation, or, I should say, the whole book situation, would be so much improved by the proposed change that it would be to the general advantage of the libraries to suffer that specific disadvantage. Nevertheless, there is a good deal of grasping in human nature, and it might be very wise for the American Library Association, in one sense representing the public, to come into official relation with this matter and be the guardian of the buying interests, to the extent of making sure that there is a real reduction in the prices of books on this scheme. The large-minded publishers will doubtless see their interests in making the reduction throughout on the copyright books which are to be published on this plan. There are others who may not see this advantage, and who may attempt, under the new plan, to set as high a price on the book as under the old plan. If we had a committee of this Association on relations with the book trade, it might be possible for such a committee, known to be on the alert, to prevent or remedy cases of that sort, and I trust such a committee will be appointed by this body, or by its Council, as I shall take the liberty of moving.