WHETHER fœtal lipids are derived primarily from the preformed maternal substances by placental transmission, or from synthesis within the fœtus, cannot yet be answered satisfactorily. Up to now, most investigators have been concerned with the placental transmission of fatty (and other) substances, and very little has been done to explore the possibility of synthesis of these compounds by the fœtus. Nielson1 studied the permeability of the rat placenta to phospholipids with the aid of P32 and found that after the injection of the mother with inorganic phosphate, labelled with P32, radioactive phospholipids could be isolated from the fœtuses within 2 hr. after the injection. When, on the other hand, an emulsion of phospholipids labelled with P32 was injected intravenously to the mother, the appearance of radioactive phospholipids in the fœtuses was very much delayed, and even then only small amounts were found. Kielson, therefore, concluded that the placenta does not transmit phospholipids and that these substances are readily synthesized within the fœtus. In my experience, when an emulsion of phospholipids is injected intravenously, so long as any of the excess phospholipid remains in the circulation, it always stays in the form of an emulsion. The only conclusion, therefore, that can be drawn from Nielson's work is that the placenta does not transmit emulsions of phospholipids; whether this is also true for the plasma phospholipids in the physiological state of dispersion remains an open question. In order to follow the. experimental design of Nielson in the investigation of the sources of fœtal phospholipids, the mothers should be transfused with plasma containing labelled phospholipids. Up to now, the supplies of P32 in Great Britain have been small, and therefore this experiment, requiring relatively large amounts of the isotope, is not practicable.