“…This hypothesis is supported by the physiological observations of Barcroft, Her-kel, Hill, Flexner, McCarthy, and McClurkin (38,39) who found that uterine vein oxygen content in the rabbit is relatively elevated until the 18th to 20th day of gestation (comparable to the 7th to 8th month in the human female) after which there is a reduction in uterine vein oxygen content. Morphological studies of the placenta not only have demonstrated A-V shunt-like apparatus (40,41) but have also indicated that in the last weeks of gestation progressive senescence occurs, with obliteration of portions of the maternal placental circulation (42). Further evidence for aging of the placenta is found in studies of placental tissue respiration which have demonstrated a fall in the oxygen utilization by the placenta in the last month of gestation (43).…”