A classical theory of a spinning particle with charge and dipole moment in an electromagnetic field is obtained by working symmetrically with respect to retarded and advanced fields, and with respect to the ingoing and outgoing fields. The equations are in a simpler form than those of Bhabha and Corben or those of Bhabha, and involve fewer constants. On the assumption that the spin angular momentum tensor θμν satisfies the equation θ2 ≡ θμν θμν = constant, the value of the dipole moment Zμν is chosen to be Cθμν, where C is a constant. The theory is generalized to the case of several particles with charge and dipole moment. By using a suitable Hamiltonian equation, the classical equations of motion, obtained on the assumption that θ is a constant, are put into Hamiltonian form by means of the ‘Wentzel field’ and the λ-limiting process. The passage to the quantum theory is effected by the usual rules of quantization. The theory is extended to the case of particles with charge and dipole moment in the generalized wave field by defining the Wentzel potential in terms of the generalized relativistic δ-function.