Abstract
A Page from the Past Twenty-five years ago the ACS came to grips with the most serious financial problems of its entire history. Membership, instead of growing at a satisfactory rate, had been declining for two years because of the depression, unemployment still was a most serious problem, and newly graduated chemists and chemical engineers were far more numerous than were the opportunities to start professional work. In addition to serious losses in membership, financial aid which had been received from The Chemical Foundation and from industry for the continued publication of Chemical Abstracts was suddenly cut off. This $75,000 was more crippling then than it would be now, since in 1933 it amounted to 40% of the Chemical Abstracts budgeted costs and today about 4%. In addition there was a decrease of 34% in net advertising receipts. Further to complicate the situation the volume of material submitted for publication in ACS journals increased, since ...
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