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SAN FRANCISCO.
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rated by water, and demanding each other's productions, cities arise at the places of transfer, and proportioned to its volume ; and for all this San Francisco has one of the lost remarkable of situations.

The Oriental trade is but a small item in the total. It las ships, besides those bound for the Eastern and European ports, going out to the British and Russian possessions in the North, Mexico, Central and South America, Tahiti, Feejee, Manila, the Sandwich and Friendly Islands-to all those far-off points in the South Pacific which now in their turn promise to shine with the light of civilization and become powers of the earth.

Coals are burned at firesides -not of the most desirable quality, it must be confessed- which come from the coast once characterized by the poet in the line-

"The wolf's long howl on Oonalaska's shore."

Seventy millions pounds of sugar a year are brought from those Sandwich Islands which slew Captain Cook, now a civilized, modern state. But it is particularly Australasia, and our coming relations with it, that awaken admiring speculations. Melbourne, Australia, has already more than 280,000 people, Sydney 225,000, while along the coasts of that once cannibal New Zealand, now sending us its insurance companies, scatter also a line of flourishing cities: Dunedin,with its 43,000 people; Auckland, with 40,000; Christchurch, 32,000; Wellington, 22,000; and I know not how many others.

Astoria and Portland, in Oregon, San Diego, and, no doubt, ports to be created in time along the Mexican shores, will receive a share of these new influences in the world, but at San Francisco they touch us first and nearest.

There is a definite fascination in coming to the " jump-