"Sir: History records but few enterprises of such 'pith and moment' as to command the attention and at the same time enlist the sympathies of all mankind. In all ages warlike expeditions have been undertaken on a scale of grandeur sufficient to astonish the world; but the evils which are inseparable from their prosecution have always sent a thrill of horror through the anxious nations. The discovery of the Western continent even, the grandest event of modern times, was made by an insignificant fleet which left the shores of Spain without attracting the notice of the civilized world. Far different has been the history of the daring and difficult enterprise of uniting the Old World and the New by means of the electric telegraph. From the very outset the good, the great and the wise of all lands beneath the sun, have watched with intense anxiety, and even when doubt existed, with warm interest, every step taken toward the accomplishment of what was universally acknowledged to be the most momentous undertaking of an age made marvellous by wonderful scientific and mechanical achievements. The two greatest and freest nations of the globe, by independent constitutional legislation, and by the aid of their finest ships and their ablest officers and engineers, combined together to insure success. Capital was liberally subscribed by private citizens in a spirit which put greed to the blush. The press on both sides of the Atlantic recorded the details of the progress of the undertaking with cordial interest, and secured the generous sympathies of men of all kindreds and tongues and nations in its behalf. You were thus fortunate, sir, in being identified with a project of such magnificent proportions and universal concern. But the enterprise itself was no less fortunate in being projected and carried into execution by a man whom no obstacles could daunt, no disasters discourage, no doubts paralyze, no opposition dishearten. If you, to whom the conduct of this great enterprise was assigned by the will of Providence and the judgment of your fellow-men, had been found wanting in courage, in energy, in determination, and in a faith that was truly sublime, the very grandeur of the undertaking would only have rendered its failure the more conspicuous. But, sir, the incidents of the expedition, and the final result--too familiar to all the world to need repetition here--have demonstrated that you possessed all the qualities essential to achieve a successful issue. It is for this reason that you now stand out from among your fellow-men a mark for their cordial admiration and grateful applause. The city of your home delights to honor you; your fellow-citizens, conscious that the glory of your