ANNUAL REPORT The Finance Committee of four under Paul Jewel the three Invest- ment Trustees under Jerry Amsterdam and our Treasurer, Richard Faust, for keeping us more solvent than ever with a net worth just under S140,000. The Membership Committee of five under Milton Schwarz for their conscientious efforts in screening applicants and selecting 80 new members in 1964. To Robert Swaine and Samuel Cohen for that all-important task of arranging today's Scientific Meeting, luncheon and banquet. To Sophie Plechner and her Nominating Committee, who gave us a slate of candidates that resulted, for the first time in our history, in each of our four Chapters having a member in 1965 as an officer in the National Society--Paul Jewel, President, is from California William Mueller, President-Elect, is from Chicago Robert Swaine, Treasurer, is from New England and Harry Isacoff, Secretary, is from New York. We were fortunate indeed this year to have one of our members, Sab Strianse, as President of the International Federation of Societies of Cosmetic Chemists. He was also Chairman of our International Af- fairs Committee. He directed a number of international committee meetings at the Third Congress of the IFSCC, which was held at Colum- bia University in June of this year. This Congress was by far the largest undertaking ever sponsored by any group of cosmetic chemists. We had 809 registrants from 22 countries, of whom 325 came from countries other than the U.S.A. Mr. deNavarre, our first President, and also the first President of the IFSCC, headed the Scientific Committee that brought together scientists from all over the world to present papers at the Congress. George Kolar headed the Fund-Raising Committee that raised over $29,000. That fund covered a mighty big share of the $71,000 ex- penses we had in connection with the Congress. Total receipts were $74,000, so we managed to come out in the black. I am deeply indebted to Lester Conrad and Warren Dennis for the wonderful support they gave me on the Organizing Committee during the several years of planning that led to the success of the Congress. Those of you who attended the Congress should long remember what Edward Morrish did in arranging the United Nations Dinner Vincent deGennaro and his thrilling Boat Trip together with a boatside view of the most spectacular fireworks the City of New York has ever seen Lester Conrad for that most fabulous Banquet James Baker for those entertaining hours at the World's Fair Hawaiian Pavilion

JOURNAL OF THE SOCIETY OF COSMETIC CHEMISTS Agnes Korte for the thankless task of being the House Mother to 452 of our registrants who boarded at Columbia University during fhe Con- gress Edward Silkin for that excellent public relations job and last but not least, the man who carried the biggest load of all as Activities Committee Chairman and who kept the Congress running smoothly at all times, with the assistance of no less than twenty committeemen, Harry Isacoff. We are indeed indebted to all of our Officers and Directors who gave so freely of their time. Paul Jewel had, in addition to his duties as President-Elect, the task of organizing the annual seminar which will be held in Los Angeles in September, 1965. Part of his plan is to have a tour group come from the East Coast and after attending the Seminar in Los Angeles go on to Mexico City to attend the Scientific Meeting which will be arranged by our friends just South of the Border. Both our Secretary, Richard Lehne, and Treasurer, Richard Faust, are retiring from office this year after several years of very devoted service to your Society. We are greatly indebted to them for the vast amount of time they spent in the interests of our Society. The staff at the New York Academy of Sciences under the direction of Eunice Miner has served us so well for so many years that we just cannot thank them enough. And may I just say one word of appreciation to the person who made the greatest sacrifices so that I could devote so much time this year to your Society: my beloved wife, Lucile. Now that my term grows to an end, I am most pleased to recognize officially and introduce to you the Officers and Directors you have chosen to serve your Society in 1965: President, Paul Jewel President-Elect, William Mueller Secretary, Harry Isacoff and Treasurer, Robert Swaine. Directors for two years: Richard Lehne and Martin Rieger. Directors serving the balance of their terms: M. G. deNavarre and Robert L. Goldemberg. Paul Jewel, it is an honor for me to present you with this gavel and to install you and your fellow Officers and Directors for 1965. Congratula- tions and best wishes for success during your term of office.