In a recent short paper an attempt was made to indicate what happens to the love-object in the manic phase of manic-depressive psychosis. Reference was made to the view that the depressed phase represents failure of adaptation, with introjection of the reproaches which are concerned with being cut off from loved ones and which were originally directed against the mother. The manic phase, it was suggested, represents an attempt at adjustment to reality, with externalization of the mother, not on to definite people, for the manic is incapable of transference, but on to others in general. This attempt at adjustment being unsuccessful, regression to the oral phase occurs again and the depressed phase returns.