Mr. President and gentlemen, it is a very great pleasure for me to be here to-day and to address you and to wear what the Secretary[10] has called the gilded trappings which show that I am one of the youngest living graduates of Cambridge. Something in the nature of a tract was handed to me before I came up here. It was an issue of the _Gownsman_ [holding up, amid laughter, a copy of an undergraduate publication] with a poem portraying the poet's natural anxiety lest I should preach at him. Allow me to interpose an anecdote taken from your own hunting field. A one-time Master of Foxhounds strongly objected to the presence of a rather near-sighted and very hard-riding friend who at times insisted on riding in the middle of the pack; and on one occasion he earnestly addressed him as follows: "Mr. So and So, would you mind looking at those two dogs, Ploughboy and Melody. They are very valuable, and I really wish you would not jump on them." To which his friend replied, with great courtesy: "My dear sir, I should be delighted to oblige you, but unfortunately I have left my glasses at home, and I am afraid they must take their chance." I will promise to preach as little as I can, but you must take your chance, for it is impossible to break the bad habit of a lifetime at the bidding of a comparative stranger. I was deeply touched by the allusion to the lion and the coat-of-arms. Before I reached London I was given to understand that it was expected that when I walked through Trafalgar Square, I should look the other way as I passed the lions. [10] The Cambridge Union is the home of the well-known debating society of the undergraduates of Cambridge University. To the Vice-President, a member of Emmanuel College, the college of John Harvard who founded Harvard University, was appropriately assigned the duty of proposing the resolution admitting Mr. Roosevelt to honorary membership in the Union Society. In supporting the resolution the Vice-President referred to the peculiar relation which unites the English Cambridge and the American Cambridge in a common bond and touched upon Mr. Roosevelt's African exploits by jocosely expressing anxiety for the safety of "the crest of my own college, the Emmanuel Lion, which I see before me well within range." There had just appeared in _Punch_, at the time of Mr. Roosevelt's arrival in England, a full-page cartoon showing the lions of the Nelson Monument in Trafalgar Square guarded by policemen and protected by a placard announcing that "these lions are not to be shot." The Secretary, in seconding the resolution, humorously alluded to the doctor's gown, hood, and cap, in which Mr. Roosevelt received his degree, as a possible example of what America sometimes regards as the gilded trappings of a feudal and reactionary Europe.--L.F.A.