I am asked to-night to propose the “Chambers of Commerce of the United Kingdom and of the World,” and I might, if the clock did not warn me against it--(“_Go on_”)--if my own temperament did not stand a little in the way--I might say to you something very solemn on the subject of commerce. I might say how commerce, if not a great civilizer in itself, had always been a great intermediary and vehicle of civilization. I might say that all the great commercial States have been centres of civilization, and centres of those forces which keep civilization from becoming stupid. I do not say which is the _post_ and which the _propter_ in this inference; but I do say that the two things have been almost invariably associated. One word as to commerce in another relation which touches me more nearly. Commerce and the rights and advantages of commerce, ill understood and ignorantly interpreted, have often been the cause of animosities between nations. But commerce rightly understood is a great pacificator; it brings men face to face for barter. It is the great corrector of the eccentricities and enormities of nature and of the seasons, so that a bad harvest and a bad season in England is a good season for Minnesota, Kansas and Manitoba. But, gentlemen, I will not detain you longer. It gives me great pleasure to propose, as the representative of the United States, the toast of “The Chambers of Commerce of the United Kingdom and of the Whole World,” with which I associate the names of Mr. C. M. Norwood, M. P., vice-president of the Associated Chambers of the United Kingdom, and the Hon. F. Strutt, president of the Derby Chamber. (_Cheers._) ✠ III. AT THE UNIVERSITY OF CAMBRIDGE. The University of Cambridge having under comparatively recent regulations given archæology a definitely-recognized position among the subjects for the Classical Tripos examination, has now advanced another important step by establishing a suitable home for classical studies, and under the same roof has provided a home for the antiquarian and ethnological collections of the University. For the past eleven years classical archæology has been systematically taught, but what was previously carried on under difficulties has been since 1884 pursued under advantageous circumstances. New buildings were formally opened May 6, 1884, by the Vice-Chancellor. Brief addresses were made by the Vice-Chancellor and Prof. Colvin. Mr. LOWELL then said: