254 HOG ISLAND, THE GREATEST SHIPYARD IN THE WORLD. 



more respected and more influential because of the work which Mr. Stevenson Taylor has 

 done. I now second the motion for a very hearty expression of esteem to Mr. Stevenson 

 Taylor, on behalf of the Society, and I think I can go further and say that many people 

 will appreciate that the Society, in giving that expression, honors itself. 



President-Elect Capps: — Gentlemen, you have heard the motion. I ask you to rise 

 and give expression to your feelings just as strongly as you see fit. 



The entire assemblage rose and gave three rousing cheers to Mr. Stevenson Taylor. 



President Taylor : — Gentlemen, I thought I had made a real farewell speech six years 

 ago, but the members of the Society seemed to demand that I should take the second term 

 now drawing to its close. 



I do not know how it is possible for me to express to you my appreciation of the many 

 honors that you have conferred upon me. I now surrender this office with some sense of 

 relief, but I would be unjust to myself did I not endeavor to say to you what a great pleasure 

 I have had in serving as your president. This pleasure has been brought about in a very 

 great measure by the hearty cooperation of every member of the Council, the past presidents, 

 the vice-presidents, the honorary vice-presidents, the secretaries and treasurers, as well as 

 the members-at-large. 



In looking back on the last ten years, during which I have been honored by your confi- 

 dence and support, I recall that I have served you for two terms of three years each, and, as 

 Admiral Capps said, most of the term during the interim when Colonel Thompson was presi- 

 dent; and also during the last year of the term of Admiral Bowles, while he was absent in 

 Europe and South America. It is an experience of great satisfaction to me tO' know how well 

 you have all seconded my efforts for the advancement of the Society. 



I sincerely thank you, gentlemen. That phrase of Hamlet comes to my mind — "Beggar 

 that I am, I am even poor in thanks, but I thank you." (Applause.) 



I wish to call attention to the fact that you should register at the Gold Room Head- 

 quarters in the Bellevue-Stratford, so that you may take such excursions as you choose. 



In relation to the banquet, to which we are refusing any further subscriptions on ac- 

 count of having sufficient to entirely fill the hall, I promise you a very interesting evening. 

 The local committee has been especially active, and has done its work exceedingly well. I 

 am sure that every one who attends the banquet will be pleased. 



The Secretary advises me to call the members of the Council to the front at the close of 

 this meeting, just for a short session. 



The meeting is now closed. 



