The Chairman then proceeded to recapitulate the work done and the benefits conferred by the Society during the twelve months which had elapsed since its foundation on that day (April 1st) last year. They had ample reason to congratulate themselves and him on the result. They had established an entirely new kind of criticism, working by entirely new means towards an entirely new end, in honour of an entirely new kind of Shakespeare. They had proved to demonstration and overwhelmed with obloquy the incompetence, the imbecility, the untrustworthiness, the blunders, the forgeries, the inaccuracies, the obliquities, the utter moral and literary worthlessness, of previous students and societies. They had revealed to the world at large the generally prevalent ignorance of Shakespeare and his works which so discreditably distinguished his countrymen. This they had been enabled to do by the simple process of putting forward various theories, and still more various facts, but all of equally incontrovertible value and relevance, of which no Englishman--he might say, no mortal--outside the Society had ever heard or dreamed till now. They had discovered the one trustworthy and indisputable method, so easy and so simple that it must now seem wonderful it should never have been discovered before, by which to pluck out the heart of the poet's mystery and detect the secret of his touch; the study of Shakespeare by rule of thumb. Every man, woman, and child born with five fingers on each hand was henceforward better qualified as a critic than any poet or scholar of time past. But it was not, whatever outsiders might pretend to think, exclusively on the verse-test, as it had facetiously been called on account of its total incompatibility with any conceivable scheme of metre or principle of rhythm--it was not exclusively on this precious and unanswerable test that they relied. Within the Society as well as without, the pretensions of those who would acknowledge no other means of deciding on debated questions had been refuted and repelled. What were the other means of investigation and verification in which not less than in the metrical test they were accustomed to put their faith, and by which they doubted not to attain in the future even more remarkable results than their researches had as yet achieved, the debate just concluded, in common with every other for which they ever had met or ever were likely to meet, would amply suffice to show. By such processes as had been applied on this as on all occasions to the text of Shakespeare's works and the traditions of his life, they trusted in a very few years to subvert all theories which had hitherto been held and extirpate all ideas which had hitherto been cherished on the subject: and having thus cleared the ground for his advent, to discover for the admiration of the world, as the name of their Society implied, a New Shakespeare. The first step towards this end must of