1/1, Spring 1955.

£1.1.0 a year, 14 pp.

Although the journal's receptiveness to the more outre speculations varied with the opinions of its editors, it was largely thought to be more scientific and factual, but it was not above suggesting that it was 'not implausable to suggest that Count St. Germain was a missionary from space, an avatar from Venus with remarkable powers,' and that the Kabbalah might provide helpful insight into the saucers. It also regularly made room for the Loch Ness Monster. For a long period the journal dominated its field, although it seems never to have connected it with UFOs. The journal carried notable contributions by John A. Keel, Jenny Randles, le Poer Trench (before he moved to the House of Lords).