Looking at the returns before me, the progress of the society would seem to be slow, but it has only been slow for the best of all reasons, that it has been sure. The pensions granted are all obtained from the interest on the funded capital, and, therefore, the Institution is literally as safe as the Bank. It is stated that there are several newsvendors who are not members of this society; but that is true in all institutions which have come under my experience. The persons who are most likely to stand in need of the benefits which an institution confers, are usually the persons to keep away until bitter experience comes to them too late.

SPEECH: LONDON, MAY 11, 1864.

[On the above date Mr. Dickens presided at the Adelphi Theatre, at a public meeting, for the purpose of founding the Shakespeare Schools, in connexion with the Royal Dramatic College, and delivered the following address:]

Ladies and gentlemen--Fortunately for me, and fortunately for you, it is the duty of the Chairman on an occasion of this nature, to be very careful that he does not anticipate those speakers who come after him. Like Falstaff, with a considerable difference, he has to be the cause of speaking in others. It is rather his duty to sit and hear speeches with exemplary attention than to stand up to make them; so I shall confine myself, in opening these proceedings as your business official, to as plain and as short an exposition as I can possibly give you of the reasons why we come together.

First of all I will take leave to remark that we do not come together in commemoration of Shakespeare. We have nothing to do with any commemoration, except that we are of course humble worshippers of that mighty genius, and that we propose by-and-by to take his name, but by no means to take it in vain. If, however, the Tercentenary celebration were a hundred years hence, or a hundred years past, we should still be pursuing precisely the same object, though we should not pursue it under precisely the same circumstances. The facts are these: There is, as you know, in existence an admirable institution called the Royal Dramatic College, which is a place of honourable rest and repose for veterans in the dramatic art. The charter of this college, which dates some five or six years back, expressly provides for the establishment of schools in connexion with it; and I may venture to add that this feature of the scheme, when it was explained to him, was specially interesting to his Royal Highness the late Prince Consort, who hailed it as evidence of the desire of the promoters to look forward as well as to look back; to found educational institutions for the rising generation, as well as to establish a harbour of refuge for the generation going out, or at least having their faces turned towards the setting sun. The leading members of the dramatic art, applying themselves first to the more pressing necessity of the two, set themselves to work on the construction of their harbour of refuge, and this they did with the zeal, energy, good-will, and good faith that always honourably distinguish them in their efforts to help one another. Those efforts were very powerfully aided by the respected gentleman {14} under whose roof we are assembled, and who, I hope, may be only half as glad of seeing me on these boards as I always am to see him here. With such energy and determination did Mr.