Another thing that makes me glad is, that I live in an age and generation and day that has sense enough to appreciate the stage; sense enough to appreciate music; sense enough to appreciate everything that lightens the burdens of this life. Only a few years ago our dear ancestors looked upon the theatre as the vestibule of hell; and every actor was going "the primrose way to the everlasting bonfire." In those good old days, our fathers, for the sake of relaxation, talked about death and graves and epitaphs and worms and shrouds and dust and hell. In those days, too, they despised music, cared nothing for art; and yet I have lived long enough to hear the world--that is, the civilized world--say that Shakespeare wrote the greatest book that man has ever read. I have lived long enough to see men like Beethoven and Wagner put side by side with the world's greatest men--great in imagination--and we must remember that imagination makes the great difference between men. I have lived long enough to see actors placed with the grandest and noblest, side by side with the greatest benefactors of the human race. There is one thing in which I cannot quite agree with what has been said. I like tragedy, because tragedy is only the other side of the shield and I like both sides. I love to spend an evening on the twilight boundary line between tears and smiles. There is nothing that pleases me better than some scene, some act, where the smile catches the tears in the eyes; where the eyes are almost surprised by the smile, and the smile touched and softened by the tears. I like that. And the greatest comedians and the greatest tragedians have that power; and, in conclusion, let me say, that it gives me more than pleasure to acknowledge the debt of gratitude I owe, not only to the stage, but to the actors whose health we drink to-night. THE POLICE CAPTAINS' DINNER. New York, January 24, 1888. TOAST: DUTIES AND PRIVILEGES OF THE PRESS. ONLY a little while ago, the nations of the world were ignorant and provincial. Between these nations there were the walls and barriers of language, of prejudice, of custom, of race and of religion. Each little nation had the only perfect form of government--the only genuine religion--all others being adulterations or counterfeits. These nations met only as enemies. They had nothing to exchange but blows--nothing to give and take but wounds. Movable type was invented, and "civilization was thrust into the brain of Europe on the point of a Moorish lance." The Moors gave to our ancestors paper, and nearly all valuable inventions that were made for a thousand years. In a little while, books began to be printed--the nations began to exchange thoughts instead of blows. The classics were translated. These were read, and those who read them began to imitate them--began to write themselves; and in this way there was produced in each nation a local literature. There came to be an exchange of facts, of theories, of ideas.