I have said that Mr. Claghorn left school while still a boy; but we must not infer that he supposed his education was complete with the end of his school life, for it is very evident that he must have given very much of his leisure to self-improvement. We do not know how his evenings were spent when not in the counting-house; but he must have given a good deal of time to reading; and it is not likely that the books which he read were such as are to be found now at any book-stand, and in the hands of so many boys as they go to and fro on their errands――books which are simply read without instruction, and which sometimes treat of subjects which are unreal, extravagant, coarse and brutalizing. Doubtless he was fond of fiction. All boys of fair education and refined taste are more or less fond of fiction; but we can hardly suppose that he gave too much of his time to such reading, else he could not have become the strong business man that he was. At a very early age he became fond of art, and gathered about him as his means would permit engravings and pictures such as would cultivate his taste in that direction. When he could spare the money he would buy an engraving, if the subject or the author interested him; so that he became, in the latter part of his life, the owner of one of the largest collections of engravings in the whole country. Indeed, he became a noted patron of art, and especially was he desirous of encouraging _native_ art, so that at one period he had more than two hundred paintings, the work of American artists; for at that time he was more desirous of encouraging native artists, especially if they were poor, than he was in making collections of the great masters. Many a picture he bought to help the artist, rather than for his own gratification as a collector. Further on in life he became deeply interested in the Academy of the Fine Arts, which was then in Chestnut street above Tenth. Subsequently he became its President, and very largely through his influence and his personal means that fine building at the southwest corner of Broad and Cherry street, which all of you ought to visit as opportunity is afforded, was erected as a depository of art. The splendid building of the Academy of Music at Broad and Locust street, is also largely indebted to Mr. Claghorn for its erection.