Almost the whole increase in the cosmic-ray intensity in the stratosphere during the period of decreasing solar activity (1960–64) was composed of a number of individual events occurring at intervals of 6–12 months. This phenomenon is almost entirely due to the corresponding decrease of solar activity (according to the sunspot number).Several interesting cases were found when solar-activity decreases to a new stationary level took place rapidly (within several days). After such events the cosmic-ray intensity gradually increased to reach a stationary level over a period of about two months. The time, tst, during which the cosmic-ray intensity in interplanetary space (after the above-mentioned events on the sun) approaches a stationary value is about 40, 60, and 80 days according to observations in 1961, 1963, and 1964 respectively.Some results have been obtained on the large-scale magnetic "clouds" which modulate the galactic cosmic rays in interplanetary space: (a) The velocity of propagation of these magnetic clouds is [Formula: see text]. According to the data on u and tst the radius of the sphere around the sun, r, within which the cosmic rays are modulated depends little on solar activity and is equal to 10–15 AU. (b) The density of magnetic clouds in space is either independent of the distance to the sun or decreases less rapidly than the inverse square law suggested by conservation of clouds.[Formula: see text]