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THE LONDON INSTITUTE OF PSYCHOANALYSIS has issued a report for the year ending June 30, 1938. The directors of the Institute are Ernest Jones, M.D.; Edward Glover, M.D.; Sylvia Payne; David Matthew; Marjorie Brierley; John Rickman, M.D.; and Ella Freeman Sharpe. The Report of the Director of Scientific Research is a statistical record of the work done at the Clinic. The Training Committee reports that on June 30, 1937, there were twenty-three on the active training list. The report contains in addition an account of Public Activities, the Business Secretary's Report and the Librarian's Report. During the year three books were published by the Institute and the Hogarth Press: The Ego and Mechanisms of Defense, by Anna Freud; Dream Analysis, by Ella Freeman Sharpe, and Clinical Aspects of Psycho-Analysis, by René Laforgue.