Main topics: educational activities of Etzel Command in the Diaspora, report by David Raziel about his return to Eretz Israel, fundraising issues for the Movement, proposal to appoint new people to executive, instructions to education administration in Diaspora, ritual of the "veterans" and disrespect toward people in the Movement, discussion about bases of the new Betar regulations, proposal to transfer Shilton Betar to Eretz Israel.