I wished to confine what I have to say to-night simply to these words of acknowledgment, but the thought comes to me, and I think I must give it expression, that there never was a year in the history of this nation when the work of the intelligent, of the able and of the scholarly lawyer was more imperatively demanded in the interest of the nation and of the race, than this year which now opens before us. [Applause.] I have long been of the conviction that the law never leads civilization, but always follows in its wake; that its purpose and its object is to regulate and control the relations of men with each other, and their relations to the State; but those relations must first come, must first be established before there is anything for the law to regulate. Progress goes on; new inventions are made; new relations between men occur, and it is the office and the purpose of the law to march behind them, to regulate and order and systematize them, and produce, if need be, justice out of injustice; and to-day beyond the questions of taxation, which are an almost insoluble problem, we have already the beginnings in the metropolis of the State of an underground railway, likely to open and introduce questions as difficult and as remarkable as those which attended the elevated railways. We have a mass of colossal trusts, as they are called, combinations of capital, in an extraordinary degree, with which some of you have already been wrestling, and others of you will be called upon to confront or defend. Beyond that the student of international law is about to be obliged to look away from home and reconsider his foundations, to reflect anew upon the conclusions to which he has come in the application of the questions of what is contraband and what is not in the light of an extending commerce. Beyond that, again, and what interested me, perhaps, more than it may you, I saw the other day in one of our leading city journals, a statement which I have been able to verify, that the German nation on the first day of January in this year, set in operation a new Prussian code, which substituted for the civil law and the Latin doctrine the Teutonic law of Germany. I myself cannot read the German language; but, if there are some among you, within the sound of my voice, who are capable of doing that, I set you the task between now and one year from to-day of studying and examining that new Prussian code, which must be a marked departure, and giving us the benefit of your knowledge and your judgment. And, beyond that still, the nation itself stands to-day at the parting of the ways; stands to-day upon the verge of a new and most unexpected and remarkable destiny, and, I repeat, that there never was, I think, there never will be, gentlemen, another year in which the labor and the study and the thought of the scholarly and intelligent and learned lawyer could be more needed or more in demand. [Applause.]