We have heard it said, by those who are widely travelled, that there are three beautiful harbours in the world: Rio de Janeiro, in Brazil; Sydney Harbour, and--most beautiful of all--the harbour of Hong-Kong. The famous Peak rises above the town of Victoria and, at a height of about two thousand feet, buries its crest in the clouds. The harbour itself is in the shape of a crescent, enclosing the red, bare hills of Kow-lung. By day, from Lyemun to Stonecutter's Island, ferry-boats, sampans, wupans and launches scurry here and there, in and out among the great anchored men-of-war, like so many mice romping in a cage of sleeping tigers.