Salient has been is not/will not be running any concessions race with anybody. It was merely pointed out that in the normal course of Salient advertising, seven concessions for students had been obtained.

We are well aware of publishing economies. Mr. Lawrence, and you are equally well aware that Salient has on numerous occasions offered to publish a list of concessions but has been refused.

We hope that our readers, better acquainted with the Bulletin, will be aware of this weekly' excellence in the fields of reviews. South-east Asian news and financial notes.

It is, for example, recommended reading in Economics, and students of Asian Studies have found it very valuable.— Editors.