1. Vital statistics show that 4 per cent of all deaths from massive hemorrhage from peptic ulcer occur under the age of 45. 2. Vital statistics show that 96 per cent of all deaths from hemorrhage from peptic ulcer are in patients above the age of 45. 3. Vital statistics indicate that emergency surgery for bleeding ulcer is not justified on patients less than 45 years of age. 4. Early emergency surgery for massive hemorrhage from ulcer in patients above 45 years of age should save many lives. 5. No younger patients in our Series of hemorrhages from peptic ulcer have died except as an immediate or late result of surgical interference. 6. The commonly quoted mortality rate of 5 per cent for peptic ulcer hemorrhage is approximately one-sixth of the actual mortality rate in older patients having massive hemorrhage from peptic ulcer.