new centre, the determining factor has been, 'Is it needed?' not 'Will it pay?' Indeed many huts in isolated centres cannot possibly be made to pay, and yet they mean everything to the men who use them. The spending department of the Association has been built up with the greatest care. A body of well-known business men meets for hours every week and watches expenditure as a cat watches a mouse. The Acting Treasurer of the War Emergency Fund is a partner in a big firm of Indian Merchants, and devotes himself with untiring energy and conspicuous ability to the supervision of accounts and to the expenditure. The accounts are audited by a leading firm of chartered accountants, and the audited statement of receipts and expenditure together with a balance sheet, is published in _The Times_ and other papers every six months. In the canteens it is a matter of principle to give full value for money spent, but towards the war services the profits made have been equal to a sum of ten shillings for every pound contributed by the public. Owing chiefly to the enormous stores that have to be maintained in France and Overseas generally, the Bank overdraft of the war fund has often reached four and five hundred thousand pounds. It is thus not difficult to see what is done with the profits. The Y.M.C.A. might, had it so chosen, have feathered its nest during the war, but with a sublime, though by no means a reckless disregard of the future it stepped right into the breach, and went straight forward to meet the national need. As a Y.M.C.A. we pride ourselves on the business management of our work. We insist on business methods being adopted, and we do not mix our business with philanthropy--the Association hut is not a charity as far as its business side is concerned. The average hut in a large camp is expected to pay its way, so that subscriptions from the general public can be applied to the extension of the work and to the maintenance of centres that cannot be self-supporting.