In reviewing the progress of Asian studies and of this Association, it is necessary both to point with pride and to view with alarm.

For the former, no doubt, there is some justification. There has been a great increase since the early beginnings at Columbia, Berkeley, and Yale. Looking back over the last thirty years, one can recall the new stimulus to Far Eastern studies in the 1930's provided by David Stevens at the Rockefeller Foundation through his support of Mortimer Graves of the American Council of Learned Societies and fellowship programs for American trainees in Tokyo and Peking. The imagination and initiative of these men and a few others laid important foundations.