 Good evening, ladies and gentlemen, and welcome to this joint session of the Empire Club of Canada and the Canadian Club of Toronto. On behalf of Gordon Real and myself, we want to extend a very warm welcome to all of you, and of course a very special welcome to our visitors who are here for the Economic Summit. I apologize for the long wait, but I'm sure you wouldn't have wanted an incident, and we have a very distinguished head table, and I don't know whether I'm going to have time to introduce them all, so I'm going to go at a very fast clip here, and you'll have to bear with me. On my extreme left, Mrs. Joyce Kaufman, Mr. Harry H. Wilson, Mr. Wilson, his attractive daughter-in-law, Margie, Mrs. Wilson. From Washington, we're thrilled to have the Ambassador Niles, his Excellency Ambassador Niles, and Mrs. Schultz also from Washington, Mrs. Schultz. His Excellency Ambassador Gottlieb, Ambassador Niles. The Honorable Michael Wilson, Secretary James A. Baker III, Secretary of the Treasury, Mr. Gordon Real, the President of the Canadian Club of Toronto, Mr. Real. On my extreme right, Mr. Harry Seymour, past President of the Emperor Club, Sonia Sinclair, immediate past President of the Canadian Club. And I'm Reagan, the Prime Minister of Canada, and Mrs. Mulroney, and the President of the United States of America, and Mrs. Reagan. Would Mr. Allen Monk please come forward? Yes, there he is. Will you join me in a toast to Her Majesty the Queen of Canada? Ladies and gentlemen, will you join me in a toast to the President of the United States of America and to his lovely and glamorous First Lady? Please be seated. Ladies and gentlemen, Mr. President, Mrs. Reagan, Mr. Prime Minister, Mrs. Mulroney, your Excellencies, distinguished guests, ladies and gentlemen. June 1988 is certainly going to go down in history as one of the busiest and most productive months in the lives of the four distinguished guests seated immediately on my left and on my right. We have a great deal to be proud of in our country. We are well aware and thankful for the tremendous economic growth in Canada, the impressive employment creation, the Meach Lake Accord, tax reform, and the free trade discussions to mention just a few of the items that are occupying the time of the Prime Minister and our other politicians. Regardless of one's political persuasion, one has to be impressed with the pace of activity surrounding the first four years of Mr. Mulroney's tenure. The agenda is a personal occasion for me, it's an opportunity for me to welcome him to our country. As you know there's something in here that limits the lease on White House. That brought to mind an incident that actually occurred to me about a year and a half ago. I was sitting at the, the President has done more to stay at the State of the Course. He has changed the course of America and world history. On a personal note, I've always found Ronald Reagan engaging and engaged. Good humor and generous. I should tell you that the first time that I ever had the chance to meet with the old office I would be in the opposition. May that never happen again. Ryder's ancestors put it another way. May the road rise up to meet you. May the wind always be at your back. May the rain fall soft upon your fields and may the sunshine warm upon your face. And until we meet again, may the Lord hold you in the palm of his hand. Ladies and gentlemen, we've received tonight, speaks more eloquently than my words. But on behalf of our two clubs, thanks and to you, Mrs. Reagan, with this gift from our two clubs, it is a carving by one of our foremost inward artists, Keo Waka Shunan, of Kate Jordan.