When we were reasonably assured of adequate funds, we commenced the concrete base on which this pedestal was to rest; and no structure of that kind, of that magnitude, of that necessity, of that perfection and permanence has ever been accomplished in the works of masonry before. [Cheers.] Commencing on the ninth of October, 1883, it was completed on the seventeenth day of May, 1884--and then commenced the work of the structure proper, of the pedestal, and it went on, and it went on, and it went sure, and it went safe, if it went slow, and there it stands. [Cheers.] And now a word or two about the Committee. An eminent lawyer of our city was once detected and exposed and applauded for being seen standing with his hands in his own pockets [laughter], and for about three months, if you had visited the meetings of this Committee of ours, you would have seen the whole assembly standing with their hands in their own pockets [applause], and taking the first step forward asking their fellow-citizens to follow us, and not for us to follow them. [Cheers.] And so we went on, and on the tenth of this present month, we had received in hand $241,000, of which $50,000 came from the grand and popular movement of a great newspaper--"The World" [three cheers for "The World"]--fifty thousand dollars! and that made up substantially what we had announced in advance as what would be required to complete the pedestal. But where did we miscarry even in that calculation? The exploration showed us that the concrete mass must go deeper in the ground, and that cost us alone $85,000, about $30,000 more than we had counted upon before the exploration; and then the $20,000 more that makes it up to the $300,000 as our need to complete the pedestal (when we had counted upon $250,000), is made by such delay and such expenses as made the general outlay for this immense structure, continuing longer than would have been necessary, had the promptness of contributions kept pace with the possibility of completion. Now, gentlemen, we have been patient and quiet. Nearly one-fourth of the contributions of the general citizens came from the pockets of the Committee. Instead of hearing from enterprising Chicago, and ambitious Boston, they are talking about the slowness and the dulness of New York's appreciation, of the delays in its contributions. Let the example of our patriotism and munificence be an example for them to imitate; and this city of Boston--let their people there reflect that, when they built Bunker Hill monument, it cost I am informed scarcely $100,000. They were twenty years in raising it, although the whole country was canvassed in its aid. [Laughter.]