This document contains the reports summarizing the main discussion held during the March 1972 Computational Linguistics Conference. The first report, "Computational Linguistics and Linguistics," helps to establish definitions and an understanding of the scope of computational linguistics. "Integrated Computer Systems for Language" and "Computer-Oriented Grammars and Parsing" deal with technical issues and immediate concerns for research. "Machines and Speech" reports on a topic of emerging relevance in the field; lengthy consideration is given to reading machines for the blind and speech understanding systems, among other topics. "Language Performance (Psycholinguistics and Dialectology)" describes another fairly new application for computational linguistics. The last two reports, "Social Implications of Automatic Language Processing" and "Professional Ethics, Standards, and Education," involve issues related to the potential impact and implications of computational linguistics and its concerns. (VM)