6?  6 
THE  AMERICAN 
JOURNAL  OF  PHARMACY 
V°L' JANUARY,  1921  No.  1 
\i  \lAN31  1921  <  j 
EDITORIAL 
WELCOME,  192 1. 
Another  annual  cycle  has  been  completed  since,  with  the  initial 
number  of  the  Ninety-second  Volume,  we  stood  "On  the  Threshold 
of  1920"  and  extended  to  our  readers  and  friends  Best  Wishes  and 
Hearty  Greetings  and  expressed  the  hope  that  the  new  year  we 
were  then  entering  upon  would  bring  to  them  an  abundant  measure 
of  Prosperity  and  Happiness.  So  thoroughly  occupied  have  we 
been  in  the  interim  that  we  have  scarcely  noted  even  the  succession 
of  the  seasons,  but  the  rapid  flight  of  time  has  brought  us  to  another 
year  of  service  and  the  initial  number  of  another  volume  of  the 
American  Journal  of  Pharmacy  affords  the  opportunity  of 
offering  once  more  to  our  contributors  and  readers  our  Heartiest 
New  Year  Greeting. 
The  door  has  closed  upon  the  events  of  1920,  yet,  ere  commit- 
ting these  to  the  realms  of  past  history  and  to  memory,  we  would 
fain  take  a  parting  view.  We  are  cognizant  of  the  fact  that,  while 
there  have  been  many  disturbing  factors  that  caused  the  neglect 
of  some  of  the  Nation's  opportunities,  it  has,  nevertheless,  been  a 
year  in  which  a  goodly  measure  of  substantial  advancement  has 
been  made.  The  trend  of  the  sciences  and  arts  has  been  progres- 
sively upward  and  that  of  commerce  and  the  industries  has  been 
toward  a  cessation  of  the  speculative  and  the  establishment  of  a  sane 
basis  of  profit  as  a  proper  foundation  for  future  advances.  The 
drug  trade  has  had  its  share  of  the  prosperity  as  well  as  the  perplex- 
ing trials  of  the  period  of  readjustment  and,  on  the  whole,  phar- 
macy has  made  wholesome  strides  in  the  right  direction.  We 
believe  that  the  American  Journal  of  Pharmacy  has  contributed 
