April 26, 2006

Securities and Exchange Commission100 F Street, N.E.Washington, D.C. 20549

Re: T. Rowe Price Small-Cap Stock Fund, Inc. (the "Registrant")File Nos.: 002-12171/811-696 Post-Effective Amendment No. 101

Commissioners:

We are counsel to the above-referenced registrant, which proposes to file, pursuant to paragraph (b) of Rule 485 under the Securities Act of 1933, the above-referenced Post-Effective Amendment to its registration statement.

We have reviewed the amendment, and we represent it does not contain disclosures that would render it ineligible to become effective pursuant to paragraph (b) of Rule 485.

Sincerely,/s/Willkie Farr & Gallagher LLPWillkie Farr & Gallagher LLP