Clark himself was disturbed by no discomfort, nor did he make any special preparations for that address, and gave it as arranged some two weeks later, and the manner and substance and effect of it will be vividly remembered by every man who was a member of that Board of Trade some twenty-five years ago. There were the bankers and the rest of them, just as Semple had said, and Clark, surveying them from the platform with steady gray eyes, knew what make of men they were and knew also that they had come there not so much with a thirst for knowledge about their own country as that they might coldly analyze him and that vast undertaking of which they had, as yet, but a fantastic and fragmentary knowledge. It is without question that the speaker had to an infinitely greater extent than any of the men who stared at him through a blue haze of cigar smoke, a fluid mind and the capacity for instantly seizing upon a situation and determining how to meet it. He possessed as well a voice unrivaled in magnetic power and above all an unshakable faith in the potentiality of the district in which he labored, so that, estimating the mental and professional characteristics of those he faced, Clark began to talk in the coolest and most level way possible without any trace of flamboyant enthusiasm. Touching first of all on the development of the far West, a subject with which, since much Toronto money was involved, they were directly familiar, he diverted to St. Marys, describing Arcadia as he found it, the apparently unpromising nature of the surrounding territory and his own conclusion as to its possible future. Then the rapids became woven into his speech, the nucleus of power which made so many things possible. From this he moved into the wilderness and before his listeners there began to unroll the north country in its primeval silence, broken only by the occasional tap of a prospector's pick or the heavy crash of a moose through a cluster of saplings. And with the story of the wilderness came that of pulp wood and great areas now tributary to St. Marys. And after the pulp mills came the discovery of iron. At this a stir went through the audience. In another part of the north country was Cobalt, that prodigious reservoir of silver, and it was realized that while Cobalt lay almost next door to Toronto, the Canadian investor had for the most part looked on incredulously, till, too late, he realized that the American had seized and acted with characteristic energy. And now the thing had happened again.