In ancient Rome 'as', spelled A S, was a pound weight. In the markets, goods sold by merchants that weighed an 'as' were considered good for selling. Latin influenced the French language. When 'as' became a French word it no longer had anything to do with a pound, it just meant 'terrific.' In WWI, the French called a victorious pilot, an 'as.' The English translated this into 'ace,' spelled A C E.
As I look over the audience I see many terrific scouts, Cub Scouts who do their best. I see Cubs who serve God, Country, and community---family, and friends. What I see are 'ace scouts' of whom I'm proud of.