In his farewell speech, Shuman informs the audience of the progress the Commonwealth Club has made in 1980. He also discusses the challenges facing the club. He then introduces the 1981 president-elect of the club, Eugene M. Herson, who gives a speech on the club's success.

At 33:24, the audio is so distorted, it sounds like an error during digitization. That audio on the source tape sounds like that. Also, a phone can be heard ringing in the background at 40:22 and 41:07.