On the 1st of May of this year Reich Minister Frick appointed me head of the Reich Institute of Physics and Technology.[²] Thus a great responsibility has been transferred into my hands, the responsibility of developing and guiding the largest scientific and technical institution of the Reich so that it can properly meet its important tasks in the service of the German people. The institution has responsibilities toward science and responsibilities toward industry. It must promote not only physical science but also the German economy as a whole and thus must act as a mediator and bring about an exchange between two major areas of German culture.