A new organization is proposed that will serve as a regional library network for the midwestern United States: the Midwest Regional Library Network (MIDLNET). MIDLNET must meet four requirements in order to assure its success: it must meet the needs of the major academic research libraries in the area, it should be a limited sponsor network, it must allow administrative and decision-making roles to the states involved, and it must have an organizational structure that will not restrict potential services or activities. Conceived as a non-profit corporation run by a board of directors, the organization's five major objectives will be to: (1) reduce per-unit costs of library operations and services, especially through computer applications; (2) provide rapid and efficient delivery to library users; (3) coordinate and improve library planning and research in the Midwest; (4) provide a vehicle for area participation in federal funding for regional network development; and (5) coordinate a materials preservation program. After its initial three years, MIDLNET's funding will come from user fees and federal aid. (Author/SL)