Stand at the Ferry Building, looking up Market street, and imagine the beginning of the city that spreads before you. First of all you must realize that this point of observation would, in those days, have been offshore, on the shallow water of Yerba Buena Cove. To the right is the scarp of Telegraph Hill, from which ships coming through the Golden Gate were sighted, and to the left is the lesser Rincon Hill, which is being cut away to provide a light manufacturing district. These marked the headlands of the cove, and the waterfront curved inland as far as what is now the site of the Donahue monument to mechanics at Market and Battery streets.
Seeking survivals of the past, you must realize that San Francisco is one of the most modern of the comparatively old American cities. Most of the area that saw its beginning and early history has been wiped clean by fire. The San Francisco of today may be said to date from its rebuilding following 1906, since which time something like a half billion do