244 NOTES ON FUEL ECONOMY. 



Although we are expressing our great regret at the relinquishment by Mr. 

 Taylor of the duties of president, we can console ourselves with the thought that 

 our past good fortune in the choice of the incumbent of this high office is being 

 continued. The standard heretofore estabhshed by your presiding officers has 

 been notably high, and the Society, while deeply regretting the departure of its 

 retiring president, is to be congratulated on having elected as his successor one who 

 will continue the example of his predecessors and add to the splendid traditions 

 of the presidency of this Society. 



I now ask you to give a rising and audibly expressive vote of appreciation to 

 our retiring president. (Members rose and there was prolonged applause and 

 cheering.) * * * 



President TayIvOr: — Admiral Capps has well said that such a testimonial 

 as this brings a choke to the throat. I hardly know which to do most, grieve or 

 rejoice. Let me say to you now that three years ago when you elected me president 

 I looked upon that election as the climax of such career as I may have made. It 

 seemed to me then, and it seems more so now than then, to be the highest point of 

 achievement that I could possibly reach. When one reaches the top of the hill 

 of achievement one is apt to grieve, and that is why I say I hardly know now whether 

 to grieve or rejoice, but I am sure you will beUeve me that after all I rejoice very 

 much more than I grieve. 



I do not know what I can say to those who have spoken and to you gentlemen. 

 That I have done anything to warrant such tributes has been to me an unthought 

 of matter. I could not possibly have expected them, and I thank you, one and all — 

 I thank you from the bottom of my heart. (Applause.) 



The Chairman: — The next paper will be the one held over from yesterday, 

 entitled "Developments in Oil Burning," by Mr. E. H. Peabody, Member of the 

 Society. 



Mr. E. H. Peabody, Member: — Gentlemen, I feel that my paper comes at an 

 opportune time. The little incident of good fellowship that has just taken place 

 perhaps will prepare the way for me. 



