Trouble with wp_enqueue_script

Hello, I am trying to add the jquery cycle plugin (http://jquery.malsup.com/cycle/) to my wordpress site.
I downloaded the jquery.cycle.all.js file and put in in my child theme (lets call it TestChild) in the directory like so TestChild/assets/scripts/jquery.cycle.all.js

In my functions.php of my child theme I then proceeded to insert this:

//Add Cycle
add_action ('wp_enqueue_script', 'theme_add_cycle_slide' );
function theme_add_cycle_slide (){
   wp_enqueue_script('jquery');
   wp_enqueue_script('cycleall', get_stylesheet_directory_uri() . '/assets/scripts/jquery.cycle.all.js');
}

In my body I have the following:

<div id="slideshow">
  <div style="width:250px; height:150px; background:red;"></div>
  <div style="width:250px; height:150px; background:blue;"></div>
  <div style="width:250px; height:150px; background:green;"></div>
  <div style="width:250px; height:150px; background:yellow;">
  </div>
  <div id="prev" style="float:left;">PREV</div>
  <div id="next" style="float:right;">NEXT</div>

In my footer, just before the </body> tag I have the javascript function:

<!-- Slideshow -->
 <script language="javascript">
jQuery(document).ready(function($) {
 $('#slideshow').cycle({
    fx:    'fade',
    pause:  1
  });
});
</script>

When I load the site, I get a console error:
Uncaught TypeError: $(…).cycle is not a function

When I load the source, the script is not present. I don’t understand what I am doing incorrectly. I would appreciate any help as this has been causing me hours of frustration.

[moderated to add “code” blocks]