and muon beams has led to the discovery and study of scaling and the intro­ duction of "partons," and even more dramatically in the timelike region, where the development of high-energy electron-positron storage rings has led to the exciting discoveries of the last four years. In view of the immense interest stimulated by these developments, an extensive review of our present state of knowledge is both timely and useful. Because of the very wide range of the subject, a cooperative venture presents itself as the most suitable format and is the one we have adopted here. The emphasis throughout is primarily, but not entirely, on phenomenology, concentrating on describing the main features of the experimental data and on the theoretical ideas used directly in their inter­ pretation.