Just before the appearance of the external gills this part of the digestive canal commences to atrophy. It begins to do so close to the terminal vesicle, which, however, still remains as or more conspicuous than it was before. The lumen of the canal becomes smaller and smaller, and finally it becomes a solid string of cells, and these also soon become indistinguishable and not a trace of the canal is left. Almost the whole of it has disappeared before the vesicle begins to atrophy, but very shortly after all trace of the rest of the canal has vanished the terminal vesicle also vanishes. This occurs just about the time or shortly after the appearance of the external gills--there being slight differences probably in this respect in the different species. In this history there are two points of especial interest: (1) The terminal vesicle. (2) The disappearance of a large and well-developed portion of the alimentary canal. The interest in the terminal vesicle lies in the possibility of its being some rudimentary structure. In Osseous fishes Kupffer has described the very early appearance of a vesicle near the tail end, which he doubtfully speaks of as the "allantois." The figure he gives of it in his earlier paper (_Archiv. für Micro. Anat._ Vol. II. pl. xxiv, fig. 2) bears a very strong resemblance to my figures of this vesicle at the time when the hind end of the alimentary canal is commencing to disappear; and I feel fairly confident that it is the same structure as I have found in the Dog-fish: but until the relations of the Kupffer's vesicle to the alimentary canal are known, any comparison between it and the terminal vesicle in the Dog-fish must be to a certain extent guess-work. I have, however, been quite unsuccessful in finding any other vesicular structure which can possibly correspond to the so-called allantoic vesicle of Osseous fish. The disappearance of a large portion of the alimentary canal behind the anus is very peculiar. In order, however, to understand the whole difficulties of the case I shall be obliged to speak of the relations of the anus of the Dog-fish to the anus of Rusconi in the Lamprey, &c. In those vertebrates whose alimentary canal is formed by an involution, the anus of Rusconi represents the opening of this involution, and therefore the point where the alimentary canal primitively communicates with the exterior. When, however, the "anus of Rusconi" becomes _closed_, the wall of the alimentary canal still remains at that point in close juxtaposition to the surface, and the new and final anus is formed at or close to that point. In the Dog-fish, although the anus of Rusconi is not present, still, during the closing of the alimentary canal, the point which would correspond with this becomes marked out by the alimentary canal there approaching the surface, and it is at this point that the involution to form the true anus subsequently appears.