PACS. 64.70 -Phase equilibria, phase transitions, and critical points. PACS. 61.30B -Molecular theories of liquid crystals (inc. statistical mechanical theories). PACS. 05.70F -Phase transitions: general aspects.Abstract. -A simple density functional theory for the various liquid-crystalline phases of parallel hard spherocylinders is formulated on the basis of Pynn's ansatz for the direct correlation function of the spherocylinders. Fair agreement with the computer simulations is found.It was Onsager [1] who showed for the first time that a nematic liquid crystalline phase can be formed, above a certain density, in a system of nonspherical molecules with purely repulsive (steric) interactions. Recent computer simulations [2] have confirmed this prediction and revealed moreover that the resulting phase diagram is very sensitive to the molecular shape and includes, for certain molecular aspect ratios, also smectic phases besides the isotropic, nematic and solid phases. At present, the simplest model system known [3] to exhibit a smectic phase consists of hard spherocylinders (i.e. cylinders of length L and diameter D capped at both ends with hemispheres of diameter D), which are constrained to remain parallel one to another. At low densities such a parallel hard spherocylinder (PHSC) system is always in a nematic (N) phase, while at high densities it forms a solid (S) phase with a (close packed) face-centred cubic (f.c.c.) structure. Moreover, above a critical value of the aspect ratio, LID, a smectic A (SmA) phase forms for densities intermediate between those of the N and S phases. It is the purpose of this letter to study theoretically this competition between the N-S and N-SmA transitions of PHSC and to locate the N-SmA-S triple point in the density-aspect ratio plane.A convenient theoretical framework for the study of phase transitions in systems of hard bodies is provided by the density functional theory of nonuniform fluids [4]. In this theory the (Helmholtz) free energy, F, of a system of N spherocylinders enclosed, at a temperature T (ß = l/k B T), in a vessel of volume V is written as the sum, F = F id + F ex , of an ideal part 3 ) -1}(1)