The need for earth science has never been more paramount. The devastating flooding of the Mississippi River this past year, strikingly portrayed on the cover and discussed in detail in this report (p. 37-42), was a sobering reminder of nature's elemental power. As a Nation, we face many environmental and economic challenges, such as natural hazards, that can be addressed effectively only through science. Water quality, resource assessments, climate change, and toxic wastes are all critical issues that can best be dealt with when approached from a sound scientific base. The goal of the U.S. Geological Survey is to provide hydrologic, geologic, and topographic information and understanding that contribute to the wise management of the Nation's natural resources and that promote the health, safety, and well-being of all Americans. FY1993 has proven to be a particularly challenging one for the USGS. We entered into a time of transition from the long-term leadership of Director Dallas Peck and Associate Director Doyle Frederick to the appointment of a new director. We thank Dallas and Doyle for their many years of service and for their support during the transition.