I look back over the past twenty years, and I find the Chamber of Commerce has been always alive to encourage gallantry, to reward conspicuous service, and to relieve distress. Eighteen hundred thousand dollars--almost two millions of dollars--has been given by this Chamber in these twenty years. The money has not all come from members of the Chamber, but the Chamber has always been recognized as the fitting leader and minister in this city in deeds of public spirit. [Cheers.] In 1858 it celebrated the completion of the first Atlantic cable, by giving medals of gold, with generous impartiality, to the officers of the British ship "Agamemnon" and the American ship "Niagara" alike. And in 1866 it feasted the distinguished and persevering American citizen whose pluck and courage, with reference to this cable, no disaster and no faint-heartedness anywhere could dismay. In 1861, in token of gratitude and of patriotic admiration, the Chamber placed a medal of bronze upon the breast of every officer and private who sustained the national honor in the defense of Fort Sumter and Fort Pickens. In 1862 it sprang to the relief of famished Lancashire; in 1865 our own sufferers in East Tennessee and in Savannah partook of its bounty; and in 1871 the bread cast upon the waters by Rochambeau and Lafayette, a hundred years before, returned through the ministry of the Chamber in an abundant harvest to the war-stricken plains of unhappy France. In 1865 the Chamber honored itself by giving testimonials to the officers and crew of the "Kearsarge." In 1866 it presented to the widow of a Southern officer in the United States Navy several historic swords, sending with them a purse, "in recognition of the valuable services rendered to our country by the father and son, and as a token that gratitude for fidelity to the flag of the Union is an abiding sentiment with the citizens of New York, descending from generation to generation." The cities of Troy, Portland, Richmond, Chicago, three of them when swept by fire, and Richmond when cast into gloom by the fall of the State Capitol, all in turn have realized, through the prompt action of the Chamber, the large brotherliness of commercial New York. And, finally, in 1876, at Savannah, and in 1878, through the whole southwestern district of the country, and again in 1879 at Memphis, the contributions made through the Chamber of Commerce gave substantial relief to the distressed victims of yellow fever. Thus has the Chamber contributed to promote a union of hearts throughout the broad expanse of this great Union of States. Thus has the Chamber done what it could to show that the spirit of commerce is a large and a liberal spirit, too large to be bounded by the lines that divide nations. Thus has the Chamber shown itself not unworthy of the Empire State of the New World. May the future of the Chamber be in every respect worthy of the past. [Loud applause,] JAMES RUSSELL LOWELL HARVARD ALUMNI