acknowledgment that we were spared to see accomplished the work that we began; and that we meet now, at the end of a quarter of a century, to look with wonder at what has been wrought since in other parts of the world. Our little company came into existence only a few weeks before the Western Union Telegraph Company, which is entitled to share in our congratulations, and has kindly brought a connecting wire into this room, by which we can this evening communicate with every town and village from the Atlantic to the Pacific; and by our sea cables, with Europe, Asia, Africa, Australia, New Zealand, the West Indies, and South America. While our small circle has been broken by death but once, very different has it been with the Atlantic Telegraph Company, which was formed in London in 1856, to extend our line across the ocean. At its beginning there were eighteen English and twelve American directors, thirty in all, of whom twenty-nine have either died or retired from the board. I alone still remain one of the directors. Many of the great men of science on both sides of the Atlantic, who inspired us by their knowledge and their enthusiasm, have passed away. We have lost Bache, whose Coast Survey mapped out the whole line of the American shores; and Maury, who first taught us to find a path through the depths of the seas; and Berryman, who sounded across the Atlantic; and Morse; and last, but not least, Henry. Across the water we miss some who did as much as any men in their generation to make the name of England great--Faraday and Wheatstone, Stephenson and Brunel--all of whom gave us freely of their invaluable counsel, refusing all compensation, because of the interest which they felt in the solution of a great problem of science and engineering skill. It is a proud satisfaction to remember that while the two Governments aided us so generously with their ships, making surveys of the ocean, and even carrying our cables in the first expeditions, such men as these gave their support to an enterprise which was to unite the two countries, and in the end to bring the whole world together. Others there are, among the living and the dead, to whom we are under great obligations. But I cannot repeat the long roll of illustrious names. Yet I must pay a passing tribute to one who was my friend, as he was the steadfast friend of my country--Richard Cobden. He was one of the first to look forward with the eye of faith to what has since come to pass. As long ago as 1851 he had a sort of prophet's dream that the ocean might yet be crossed, and advised Prince Albert to devote the profits of the great London Exhibition of that year to an attempt thus to unite England with America. He did not live to see his dream fulfilled.