Speech at the driving of the last spike by the president.

Messrs. Directors and Officers: No one knows better than yourselves the difficulties which we encountered at the outset in the establishment and construction of this railroad. You recall to memory, if you have ever forgotten it, the distrust and doubt with which we placed its stock upon the market, at a time when we had nothing to show but our unfledged charter and the right of way over about one-third of the distance which we proposed to build our line. I recollect, if you do not, the timidity with which I approached the first capitalist whose aid we sought, and laid our plans before him. He listened patiently to the story of our prospects and condition, and generously subscribed for five hundred shares, paying for one hundred, and wishing us success. The magic of his name was worth a thousand shares more. Our confidence was restored, and that of the people along the line was strengthened by the announcement of his interest in the road. The shares were rapidly sold, money flowed in briskly, and the work went on with proportionate energy, and with every confidence in the final result. To-day the track of 567 miles is laid, and well-laid; the rolling-stock has been purchased and will begin to run to-morrow morning; the shares are all sold; the assessed installments have been promptly paid, and in five minutes more the spike will be driven that unites the distant cities of C--------and S---------by many ties of wood and iron of such strength and durability that the most important interests of both cities will be entrusted to it. I am not {turning to the spectators), Ladies and Gentlemen, advertising the stock of this road on this occasion - for none of it is for sale, and it stands at par - the best evidence that the confidence of capitalists and the public is secured in our favor. But we thank you for the encouragement you give us by your attendance upon this ceremony, and we trust that you will not withhold from us your patronage. We are not, properly speaking, a "grand-trunk line," but wherever our cars shall run you are welcome to ride - at regular rates. (Taking the sledge-hammer and the spike, and placing the latter where it belongs:) C---------and S---------, with this sledge I unite you in the bonds of commercial sisterhood. (Drives the spike.) The work is done, - the road is finished. Let on the steam ! (Chorus of steam-whistles, and cheering by the audience.)