Topics summarized in this annual report of the Library Association for 1974 include continued development in international cooperation; the future of professional qualifications; a Working Party on Association Services report regarding the efficient running of the Association; careful budget planning due to the steady advance of inflation; establishment of the British Library reference, lending, and bibliographical services; the public lending right; research and development relating to Dewey Decimal classification, reading needs of the illiterate and semi-literate, library archives, interchange of machine readable bibliographic information, and cataloging rules; review of the Library Association Library and the Information Bureau activities; and service and salary conditions in public, university, college, school, and special libraries. A list of new publications by the Association and brief reports by representatives on joint committees and other organizations are also provided. (Author/MBR)