4.

I am much obliged to you for your kindness in drinking my health. I feel proud to have, by the vote of this distinguished Corporation, been re-elected its Master—an office of annual tenure, which does not tax very hard the energies of the holder, as the real work is admirably done by the Deputy Master and the Elder Brethren; but which is of the highest interest to whoever reflects upon the important and useful duties which are performed by the Corporation, the proper performance of which has so great an influence on the commercial prosperity not only of this metropolis, but of the country at large.

I cannot meet you to-day without having one recalled to my memory who used to sit on my left hand on all former occasions, and who was honoured and beloved by this Corporation, and justly so, as its Deputy Master. Captain Shepheard was one of those unobtrusive but noble characters whose sterling qualities of head and heart secured to him the confidence of all who knew him; and I can appeal to no greater proof of the estimation in which he was held than the fact that he was at once Deputy Master of this Corporation, Chairman of the East India Company, and Chairman of the Hudson’s Bay Company. His successor, like himself, is an Aberdeenshire man, but, unlike him, has passed his life in the Royal Navy, and not the merchant service. I can wish him no better success than to possess the approbation of his brethren in an equal degree with his predecessor! I propose to you to drink his health, and Prosperity to the Corporation of the Trinity House.