A purified system for protein synthesis, derived from Esherichia coli, makes use of small, synthetic mRNA's initiated by the fMet ‡ ‡ Abbreviations used: fMet, N-formylniethionine. As far as possible all other abbreviations follow the recommendations of IUPAC-IUB as published in J. Biol. Chem. (1966) 241, 527. AUGU 3 and AUGU indicate the trinucleoside diphosphate ApUpG followed by 3, 6 or 9 uridylic acid residues; GMP PCP, 5'-guanylylmethylene diphosphonate. codon, AUG, followed by a sequence of 3, 6 or 9 uridylic acid residues. These di-, tri- and tetra-codons direct the binding of fMet- and Phe-tRNA to ribosomes and the synthesis of the corresponding fMet-initiated di-, tri- and tetrapeptides. This system, directing the synthesis of unique and conveniently detected oligopeptide products, has permitted us to correlate the soluble elements required for protein synthesis with specific steps in the translation of initial and succeeding codons. Complete translation of these small mRNA's has certain of the stringent requirements necessary for the accurate cell-free translation of naturally occurring RNA messengers. Thus, initiation factors, fMet-tRNA and GTP must be provided. After recognition of the first codon and formation of the initial complex, one of two transfer factors, in the presence of GTP, catalyzes a binding reaction in which the second (first internal) codon is recognized. This permits formation of the dipeptide, fMet-Phe, but does not permit translation of succeeding codons. A second transfer factor, probably an enzyme, participates in a translocation reaction in which the third codon is made available for translation, apparently displacing the second codon at the recognition site on the ribosome. In addition, the complex formed between peptidyl-tRNA, mRNA and ribosome is stabilized, possibly by translocation of the peptidyl-tRNA from a site of lesser affinity to one of greater affinity on the ribosome. The role of GTP in the translocation reaction will be certain only when it has been uncoupled from its participation in the binding reaction. Once requirements for translation of the third codon have been met no further additions are necessary for elongation of the peptide chain.