SESSION OF FRIDAY MORNING, NOVEMBER 22, 1912. 151 



The President: We have received the following telegram: — 



"Stevenson Taylor, President, 



29 West 39th St., New York. 



"Thank you for telegram, and may I, through you, thank the Society for the 

 great compliment paid me. I accept with pleasure the invitation to the banquet 

 to-morrow evening, Friday, at the Waldorf-Astoria. 



Robert M. Thompson." 



Referring to the banquet, I am informed that there are two hundred and 

 forty tickets taken, and only a few are left. A meeting of the Council will take 

 place to-morrow at the close of the morning session. The morning session will 

 commence promptly at 10.15, so please be on hand. 



Friday Morning, November 22, 1912. 



President Stevenson Taylor called the meeting to order at 10.30 A. M. 



The President : — It is a great pleasure, gentlemen, to say that we are honored 

 this morning with the presence of Col. Robert M. Thompson, the gentleman yester- 

 day elected to succeed the present president as president of the the Society of Naval 

 Architects and Marine Engineers. Permit me to introduce Colonel Thompson. 



Colonel Thompson : — Gentlemen, I am very glad of the opportunity to thank 

 you for the honor you have conferred upon me. It is well that you should know 

 at the very last moment how much you are losing when you are losing your retiring 

 president, and how Uttle you are receiving in return for it, but I promise you that I 

 will do my best to further the interests of the Society and, after all, "Angels can do 

 no more. " (Applause.) 



The President: — The next business in order is Paper No. 7, entitled "The 

 Preservation of Metals used in Marine Construction," by I^ieut.-Commander 

 Frank Lyon, U. S. N. 



