The reply to the toast of "Frasers in Theology" was entrusted to the REV. MUNGO FRASER, D.D., of Hamilton, who had to leave by train for home before this toast was reached. His reply summarised is as follows: "There are many clansmen who stand high in theology, if we be allowed to understand by that term the wider and more comprehensive sphere of work in the Church of Christ. In the memory of those who admire subjective writings of an extremely searching character, the name of the Rev. James Fraser, of Brea, will occupy an undying place. To those who give the highest rank among ministers to pulpit ability, the Frasers of Kirkhill, for three generations, will afford examples of eloquence and those gifts of oratorical power that appeal so irresistibly to the popular ear. By those who regard the administrative functions of the pastor as of importance, the name of Bishop Fraser, of Manchester, is justly esteemed, and in a less prominent, but not less important degree, the name of Dr. William Fraser, for a long period the senior clerk of the Presbyterian Church in Canada; and theological literature finds a writer of ability and copiousness in Dr. Donald Fraser, at one time of Montreal and afterwards of London, England. The Clan contributed a great many names to the roll of distinguished clergymen, men who, in their different spheres, rendered noble service to the cause of Christ. And among them are men, some of whose names have been mentioned by the Vice-chairman, of ability, of high character, whose personal influence over the people was strongly felt. In Canada the name of Fraser has an honored place among the ministers of the churches. They are doing their duty nobly and well, and if the names of some of them be not widely known outside of their own country, it must not be forgotten that a clergyman's best fame and best reward is his good name among those for whom he directly labors, and for whose welfare he gives his best endeavors. Did time permit, it would be comparatively easy to speak at length of those who have held their own in the theological sphere, but sufficient has probably been said to indicate that the Clan has done its duty in one of the most interesting and important fields of human effort open for the welfare of man. * * * * *