THE third report of the trustees of the Nuffield Foundation*, which includes a list of 'fellows' appointed during the year, the balance sheet and a schedule of grants, records an allocation of grants during the year ended March 31, 1948, amounting to £495,350, the largest of any year up to date. The grants all cared since 1943 now total £2,135,980; this includes £605,850 to medical sciences; £242,000 to ratusal sciences; £142,000 to social sciences; £509,900 (including £225,000 over fifteen years to the Dominion Students' Hall Trust for the development of London House) for fellowships and scholarships; and £589,700 (of which £500,000 is to the National Corporation for the Care of Old People) for the care and comfort of the aged poor. During 1947, the resources of the Trust have been enriched by a gift of £450,000 from Capt. Oliver Bird. This benefaction, to be known as the Oliver Bird Fund, is to be held on trust for promoting research into the prevention and cure of rheumatism or, failing that, for the advancement of health and relief of other sickness. The trustees are now turning their attention to the planning of the programme for the next quinquennium, and they point out that the welcome increase of State support for learning and research does not lessen the need for voluntary enterprise or decrease the importance of alternative sources of support if the principle-fundamental to a free and democratic society-is to be upheld that "there should be room for more than one opinion and for more than one means of putting that opinion to the test".