1. Under dark‐field illumination the platelets of previously cooled mammalian plasma have been observed. During the first two or three minutes they undergo progressive expansion, while clear blebs or spherules begin to appear round their margin. Then the platelets suddenly disintegrate, and the spherules travel swiftly outwards into the surrounding plasma, diminishing in size down to eventual extinction as they progress.2. In the path followed by a spherule a filament of fibrin appears. The length and thickness of the individual filaments differ, according to the size of the platelet that gives birth to the spherule and according to the plasma under examination. We look upon the material in the spherules as thrombin.3. The dark‐field observations have been checked and verified by examination of slides fixed in the wet condition at appropriate intervals after the plasma is placed on glass.4. The only blood elements concerned in spontaneous coagulation of mammalian blood are the platelets.5. If the plasma taken from an animal which has shortly before received an intravenous injection of Indian ink is allowed to clot, the ink is seen partly within the remains of the cytolysed platelets and partly incorporated in or adhering to the fibrin.6. If blood taken from an animal that has shortly before received an intravenous injection of Indian ink is defibrinated by stirring with a stick, all the ink particles which are still free are caught in the fibrin that forms on the stick.7. If the blood is taken three hours after intravenous injection of ink, the circulating pigment is mainly in leucocytes, the platelets containing only a very small amount.8. The fact that three hours after intravenous injection of ink platelets are quite abundant while ink‐holding platelets are few is evidence that the original ink‐laden platelets have come to rest some‐where and that a new crop has been thrown into the circulation.9. The accumulation of fibrin around a stick used in whipping blood is due, in the first instance, to adhesion of the platelets to the wood, and any mass of so‐called “fibrin” obtained in this way is a mixture of fibrin proper and of cytolysed platelets.We wish to express our indebtedness to Professor J. C. Simpson of the Histology Department for advice and help in preparing the illustration that accompanies this paper. The drawing itself was made by Miss H. Blackstock.The expenses of the research were defrayed in part by a grant from the James Cooper Fund of M'Gill University for Research in Experimental Medicine.
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