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[This speech, though rather inadequately reported, was one of the best delivered on this occasion. That it was creditable to Mr. Vandenhoff's taste and feelings, the preceding sketch will show; but how much it was so, it does not show.]

Mr. J. CAY gave "Professor Wilson and the University of Edinburgh, of which he was one of the brightest ornaments."

Lord MEADOWBANK, after a suitable eulogium, gave "The Earl of Fife," which was drunk with three times three.

Earl FIFE expressed his high gratification at the honour conferred on him. He intimated his approbation of the institution, and his readiness to promote its success by every means in his power. He concluded with giving "The Health of the Company of Edinburgh."

Mr. JONES, on rising to return thanks, being received with considerable applause, said he was truly grateful for the kind encouragement he had experienced, but the novelty of the situation in which he now was renewed all the feelings he experienced when he first saw himself announced in the bills as a young gentleman, being his first appearance on any stage. (Laughter and applause.) Although in the presence of those whose indulgence had, in another sphere, so often shielded him from the penalties of inability, he was unable to execute the task which had so unexpectedly devolved upon him in behalf of his brethren and himself. He therefore begged the company to imagine all that grateful hearts could prompt the most eloquent to utter, and that would be a copy of their feelings. (Applause.) He begged to trespass another moment on their attention, for the purpose of expressing the thanks of the members of the Fund to the Gentlemen of the Edinburgh Professional Society of Musicians, who, finding that this meeting was appointed to take place on the same evening with their concert, had, in the handsomest manner, agreed to postpone it. Although it was his duty thus to preface the toast he had to propose, he was certain the meeting required no further inducement than the recollection of the pleasure the exertions of those gentlemen had often afforded them within those walls, to join heartily in drinking "Health and Prosperity to the Edinburgh Professional Society of Musicians." (Applause.)

Mr. PAT. ROBERTSON Proposed "The Health of Mr. Jeffrey," whose absence was owing to indisposition. The public was well aware that he was the most distinguished advocate at the bar. He was likewise distinguished for the kindness, frankness, and cordial manner in which he communicated with the junior members of the profession, to the esteem of whom his splendid talents would always entitle him.

Mr. J. MACONOCHIE gave "The Health of Mrs. Siddons, senior, the most distinguished ornament of the stage."

Sir W. SCOTT said that if anything could reconcile him to old age, it was the reflection that he had seen the rising as well as the setting sun of Mrs. Siddons. He remembered well their breakfasting near to the Theatre—waiting the whole day—the crushing at the doors at six o'clock—and their going in and counting their fingers till seven o'clock. But the very first step—the very first word which she uttered—was sufficient to overpay him for all his labours. The house was literally electrified; and it was only from witnessing the effects of her genius that he could guess to what a pitch theatrical excellence could be carried. Those young gentlemen who have only seen the setting sun of this distinguished performer, beautiful and serene as that was, must give us old fellows, who have seen its rise and its meridian, leave to hold our heads a little higher.

Mr. DUNDAS gave "The Memory of Home, the author of Douglas."

Mr. MACKAY here announced that the subscriptions for the night amounted to L280, and he expressed gratitude for this substantial proof of their kindness. [We are happy to state that subscriptions have since flowed in very liberally.]

Mr. MACKAY here entertained the company with a pathetic song.

Sir WALTER SCOTT apologized for having so long forgotten their native land. He would now give "Scotland, the land of Cakes." He would give every river, every loch, every hill, from Tweed to Johnnie Groat's house—every lass in her cottage and countess in her castle—and may her sons stand by her, as their fathers did before them; and he who would not drink a bumper to his toast, may he never drink whisky more!

Sir WALTER SCOTT here gave "Lord Meadowbank," who returned thanks.

Mr. H. G. BELL said that he should not have ventured to intrude himself upon the attention of the assembly, did he not feel confident that the toast he begged to have the honour to propose would make amends for the very imperfect manner in which he might express his sentiments regarding it. It had been said that, notwithstanding the mental supremacy of the present age—notwithstanding that the page of our history was studded with names destined also for the page of immortality—that the genius of Shakespeare was extinct, and the fountain of his inspiration dried up. It might be that these observations were unfortunately correct, or it might be that we were bewildered with a name, not disappointed of the reality; for though Shakespeare had brought a Hamlet, an Othello, and a Macbeth, an Ariel, a Juliet, and a Rosalind, upon the stage, were there not authors living who had brought as varied, as exquisitely painted, and as undying a range of characters into our hearts? The shape of the mere mould into which genius poured its golden treasures was surely a matter of little moment, let it be called a Tragedy, a Comedy, or a Waverley Novel. But even among the dramatic authors of the present day, he was unwilling to allow that there was a great and palpable decline from the glory of preceding ages, and his toast alone would bear him out in denying the truth of the proposition. After eulogizing the names of Baillie, Byron, Coleridge, Maturin, and others, he begged to have the honour of proposing "The Health of James Sheridan Knowles."