In a variable medium, the velocity of propagation of a train of waves, and the wave-length at any point, are functions of the position of that point. The circumstances of such a propagation have only been worked out in detail in one particular case. Lord Rayleigh, in connection with the transverse vibrations of a string of variable density, dealt very completely with the case in which the density is inversely proportional to the distance from a fixed point. In his original investigation the results were applied to the corresponding optical problem, and a numerical example given. Although this is perhaps the only interesting case in which a simple exact solution appears possible, yet a close approximation may be made to the existing conditions, even in the general problem, when the waves are short in comparison with the other distances concerned. The development of such a theory, with an examination of some important cases, is the object of the present paper.