The usual toast of the Army, Navy, and Volunteers having been given and responded to, the Prince rose, and said:-- "The toast which he had now to propose was the so-called toast of the evening, which was 'Prosperity to the Royal General Theatrical Fund.' It afforded him great pleasure to propose this toast, and when he saw the numerous assembly before him he felt no doubt of the great interest taken by all present in this excellent charity. What charity, he asked, could be more deserving of support? When they considered how much amusement and pleasure they all derived by going to the theatre, did it ever occur to them that it was to the actors and actresses a life of drudgery and hardship? Those same actors and actresses who appeared in some comic character might have near and dear relations lying sick at home. Then, also, when a time of life arrived in the course of nature in which they were unable longer to appear upon the stage ought they to be left to starve? Certainly not, and it was to prevent aged actors who were incapable of work from starving, that this fund had been instituted. "This charity was still more meritorious, because it was supported by the actors themselves. The charity was established in 1839 by a few London actors, and in 1853 it was incorporated by Royal charter. The fund was raised to provide annuities for aged and decayed members of the charity, and in special cases for granting temporary assistance to the families of deceased members. Any member of the profession, on the payment of a small annual subscription, ranging from 21_s._ 4_d._ to £28 9_s._ a year, according to a special scale, provided he had been performing three years in a theatre licensed by the Lord Chamberlain or by the local magistrates, was eligible to receive the benefits of the fund, but no member had a claim unless he had been a subscriber for seven years. Should he then be incapacitated from further work, he had the option of either receiving a life annuity or one-half the payments made by him while a subscriber. On his death an allowance of £10 was granted towards defraying funeral expenses. At 60 years of age any member was at liberty to claim an annuity if he had subscribed to the fund for 12 years, and female members were allowed to cease their subscriptions when 55 years old. Since the opening of the charity 322 members of the profession had been admitted associates. To 61 of these life pensions had been granted, varying from £30 to £90 a year. In 1846, the first year in which pensions were granted, the receipts amounted to £565, and the annuities to £98. Last year the total income was £1370, and the amount expended in pensions was £1614. The receipts of 1869 therefore exceeded those of 1846 by £805, and the pensions, &c., by £1516.