* Not many days after this address was delivered, Mr. M'Candlish died at a ripe age. This is not the place to recount his services to his profession and to the community in which he lived, but the Faculty of Actuaries will always remain under a deep debt of gratitude to him. He was one of its first two Honorary Secretaries (the late Mr. Robert Balfour, a man greatly esteemed and honoured in his day, was the other), and throughout his whole active business life took a warm practical interest in its welfare. He was many times a Member of Council, and when the office of President was instituted, he was the first to be elected to it.