rched on a commanding rock.
Under Chinese rule Hong Kong had been an insignificant fishing village, in fact a nest of pirates. In 1841 the island was ceded by China to Great Britain, and the cession was confirmed by the treaty of Nanking in August, 1842. The transformation effected in less than a decade had been magical; yet that was only the bloom [Page 8] of babyhood, compared with the rich maturity of the, present day.
A daily steamer then sufficed for its trade with Canton; a weekly packet connected it with Shanghai; and the bulk of its merchandise was still carried in sailing ships or Chinese junks. How astounding the progress that has marked the last half-century! The streets that meandered, as it were, among the valleys, or fringed the water's edge, now girdle the hills like rows of seats in a huge amphitheatre; a railway lifts the passenger to the mountain top; and other railways whirl him from hill to hill along the dizzy height. I Trade, too, has multiplied twenty fold. In a commercial report