Mac students would find the Macdonald Institute examination results the highlight of this issue. Agricultural articles in this issue pertain to the creation of the Ontario Research Foundation, research into improving pasture crops, the British market for Canadian honey, and the World's Grain Show. Continued in this issue is a profile of College President and alumnus Dr. Robert S. Shaw. Other articles address the formation of the British National Union to bring together agriculturalists of the Empire, and a banker's perspective on the Canadian banking system. Alumnus Randall Lewis provides a reminiscence of World War 1. While the English Department contributes an article on the life and works of T. S. Elliot. Campus news reports on the ideas of speakeasies to practice public speaking, the student council awards for 1932-1933, and a review of the athletic endeavors of the past year. The Macdonald Institute column is devoted to the examination results. Alumni news is interspersed throughout the issue. The Alumni column do not appear in this issue.