for the ride; Chester Alan Arthur, the 21st President of the United States; and David Farragut, who is supposed to have said "Damn the torpedoes, full speed ahead" in the Battle of Mobile Bay during the Civil War. The Farragut Memorial (1881), which was first erected at Fifth Avenue and 26th Street and moved to the Square's northern end in 1935, was designed by Augustus Saint-Gaudens (sculpture) and architect Stanford White (base). Along the south edge of the park of is the Eternal Light Flagstaff, dedicated on Armistice Day 1923 and restored in 2002, which commemorates the return of American soldiers and sailors from World War I. Another park highlight is the granite Southern Fountain, a modern reproduction of the original fountain, which was first located on the site of the Old Post Office. It was completed in 1843, before being rededicated in the park in 1867. The modern replacement was installed in 1990, and renovated in 2015. Innovation and fashionability Madison Square continued to be a focus of public activities for the city. In the 1870s, developer Amos Eno's Cumberland apartment building, which stood on 22nd Street where the Flatiron Building would eventually be built, had four-stories of its back wall facing Madison Square, so Eno rented it out to advertisers, including the New York Times, who installed a sign made up of electric lights. Eno later put a canvas screen on the wall, and projected images on it from a magic lantern on top of one of his smaller buildings on the lot, presenting both advertisements and interesting pictures in alternation. Both the Times and the New York Tribune began using the screen for news bulletins, and on election nights crowds of tens of thousands of people would gather in Madison Square, waiting for the latest results. In 1876, a large celebration was held in Madison Square Park to honor the centennial of the signing of the Declaration of Independence. Then, from 1876 to 1882, the torch and arm of the Statue of Liberty were exhibited in the park in an effort to raise funds for building the pedestal of the statue. Madison Square was the site of some of the first electric street lighting in the city. In 1879, the city authorized the Brush Electric Light Company to build a generating station at 25th Street, powered by steam, that provided electricity for a series of arc lights