There is a distinction to be made between knowledge and information. Knowledge is orderly and cumulative; information is random and miscellaneous and may be collected simply because it is there. The information industry is flourishing, but knowledge institutions--colleges, universities, and libraries--go begging. The knowledge industry is actually being transformed and to some extent displaced by the information industry. Libraries must make use of computer technology, but they must also remain fortresses of knowledge which is still preserved mainly in books. Similarly, libraries must be repositories of information, but also places of refuge from the tidal waves of information--and misinformation. The autonomous reader, amusing and "knowledging" himself, should be the be-all and end-all of libraries. (A brief description of the Center for the Book, in the Library of Congress, prefaces the pamphlet). (ESR)