Read it through once

The proposal of the Heir Apparent--as first expressed in a letter to the Lord Mayor on September 13, 1886--was that the idea evolved in the Exhibition should be made permanent and be embodied in an Imperial Institute which should be at once a visible emblem of the unity of the Empire, a place for illustrating its vast resources, a museum for exhibiting its varied and changing products and industries, a centre of information and communication for all British countries, an aid to the increase and distribution of national wealth, a medium for combining in joint co-operation older and smaller institutions of tried utility, and a fitting national memorial of the Queen's Jubilee. The movement developed steadily and, on January 12th, 1887, a gathering was held at Kensington Palace, upon invitation of the Prince of Wales, and was one of the most representative over which even he had ever presided. Amongst those present were Lord Herschell, Chairman of the Organizing Committee, the Earl of Carnarvon, Lord Revelstoke, Lord Rothschild, Sir Lyon Playfair, Sir H. T. Holland, Sir John Rose, Sir Henry James, the Right Hon. H. H. Fowler, Sir Frederick Leighton, Sir Charles Tupper, Sir Saul Samuel, Sir Edward Guinness, Sir Ashley Eden, Sir Owen T. Bourne, Sir Reginald Hanson, Lord Mayor of London, Mr. J. H. Tritton, Chairman of the London Chamber of Commerce, Mr. Pattison Currie, Chairman of the Bank of England, Sir Frederick Abel, Mr. Neville Lubbock, Lord Campden, the Lord Provost of Edinburgh, the Lord Mayor of York, the Mayor of Newcastle and nearly two hundred other mayors, or chief magistrates, of British towns.