BREEDING PROGRAMME: Other than the unexplained reference to Siona and to our failure with his father, we have nothing significant to add to our continued monitoring of the Lord Leto’s breeding programme. There is evidence of a certain randomness in his plan which is reinforced by the Lord Leto’s statement about genetic goals, but we cannot be certain that he was truthful with Sister Chenoeh. We call your attention to the many instances where he has either lied or changed directions dramatically and without warning.

The Lord Leto continues to prohibit our participation in his breeding programme. His monitors from our Fish Speaker garrison remain adamant in “weeding out” our births to which they object. Only by the most stringent controls were we able to maintain the level of Reverend Mothers during this reporting period. Our protests are not answered. In response to a direct question from Sister Chenoeh, the Lord Leto said:

“Be thankful for what you have.”

This warning is duly noted here. We have transmitted a gracious letter of thankfulness to the Lord Leto.

ECONOMICS: The Chapter House continues to maintain its solvency but the measures of conservation cannot be eased. In fact, as a precaution, certain new measures will be instituted in the next reporting period. These include a reduction in the ritual uses of melange and an increase in the rates charged for our usual services. We expect to double the fees for the schooling of Great House females across the next four reporting periods. You are hereby charged to begin preparing your arguments in defence of this action.

The Lord Leto has denied our petition for an increase in our melange allotment. No reason was given.

Our relationship with the Combine Honnete Ober Advancer Mercantiles remains on a sound footing. CHOAM has accomplished in the preceding period a regional cartel in Star Jewels, a project whereby we gained a substantial return through our advisory and bargaining functions. The ongoing profits from this arrangement should more than offset our losses on Giedi Prime. The Giedi Prime investment has been written off.

GREAT HOUSES: Thirty-one former Great Houses suffered economic disaster in this reporting period. Only six managed to maintain House Minor status. (See attached list.) This continues the general trend noted over the past thousand years where the once Great Houses melt gradually into the background. It is to be noted that the six who averted total disaster were all heavy investors in CHOAM and that five of these six were deeply involved in the Star Jewel project. The lone exception held a diversified portfolio, including a substantial investment in antique whale fur from Caladan.

(Our ponji rice reserves were increased almost two-fold in this period at the expense of our whale fur holdings. The reasons for this decision will be reviewed in the next period.)

FAMILY LIFE: As has been observed by our investigators over the preceding two thousand years, the homogenization of family life continues unabated. The exceptions are those you would expect: the Guild, the Fish Speakers, the Royal Courtiers, the shape-changing Face Dancers of the Tleilaxu (who are still mules despite all efforts to change that condition), and our own situation, of course.