develop the resources of their native States is beyond
estimate. They have not only contributed liberally by personal
investment, but they have used every honorable endeavor to influence
other men to do likewise. Loyalty has stimulated their efforts. Their
hearts are in the present and prospective glory of the New South. They
are untiring in their furtherance of legitimate enterprises, and the
fruit of their labor is seen to-day in every Southern State where new
railroads are building, various manufacturing enterprises springing up,
and vast mining interests being developed. The steady flow of capital
into all those channels is greatly due to their influence. There is more
money drifting that way to-day than ever before, and the time will soon
come, if it is not already here, when the sentiment to which I have
responded will admit of transposition, and we can with as much propriety
toast "Wall Street in the South," as to-night we toast "The South in
Wall Street." [Great and long-continued applause.]

KING EDWARD VII.

THE COLONIES

[Speech of Albert Edward, Prince of Wales [Edward VII, crowned King
of England January 23, 1901], at the banquet given at the Mansion
House, London, July 16, 1881, by the Lord Mayor of London [Sir
William McArthur], to the Prince of Wales, as President of the
Colonial Institute, and to a large company of representatives of
the colonies--governors, premiers, and administrators. This speech
was delivered in response to the toast proposed by the Lord Mayor,
"The Health of the Prince of Wales, the Princess of Wales, and the
other members of the Royal Family."]

MY LORD MAYOR, YOUR MAJESTY, MY LORDS, AND GENTLEMEN:--For the
kind and remarkably flattering way in which you, my Lord Mayor, have
been good enough to propose this toast, and you, my lords and gentlemen,
for the kind and hearty way in which you have received it, I beg to
offer you my most sincere thanks. It is a peculiar pleasure to me to
come to the City, because I have the honor of being one of its freemen.
But this is, indeed, a very special dinner, one of a kind that I do not
suppose has ever been given before; for we have here this evening
representatives of probably every Colony in the Empire. We have not only
the Secretary of the Colonies, but Governors past and present,
ministers, administrators, and agents, are all I think, to be found here
this evening. I regret that it