Ever wondered why the "toast-master" proposes a "toast" for the "toastee"?
It is believed that in ancient Rome, it was usual to put a piece of burnt toast in a wine glass. The reasons given for the practice range from adding flavor to the wine, to providing a "treat" at the bottom of the glass. The most plausible of them seems to be that it was a way to remove undesirable flavors from the wines, specially form the cheaper wines. As the practice made its way to England, the never-to-be-underestimated Englishmen added their own spin to it. Around 1700, it is believed that the British upper class began referring to the most popular lady at a party or a social gathering by putting a buttered toast, often with sugar and nutmeg in the butter, in a glass of wine to make it special. Once popular young ladies became the toast of the party, or of the town, raising your glasses to them became "toasting."
Sources: /www.yourdictionary.com , http://itotd.com/