--'Yokosuka is our oldest dockyard. It was begun when the Shogunate was already tottering. Oguri, an able man, was the finance minister of the Shogunate at the time. It was due to his efforts that the Yokosuka dockyard was constructed. It is said Oguri told his friend one day, "When one becomes a bankrupt it is desirable he should leave behind a Dozo, so Yokosuka will be the Dozo of the Shogunate when it comes to an end." "Dozo" is the name for a storehouse, constructed very solidly; with us almost every house, excepting those of the lower classes, has one or more such buildings, and it was considered an additional disgrace to a man of better class if he became a bankrupt without any such storehouse for the creditors. Oguri evidently foresaw the downfall of the Shogunate, and yet ordered the construction of the dockyard, so that it would be useful for the future rulers of Japan. Such is the early history of our dockyards on the European style, which has expanded itself in the course of time, so that we now have several shipbuilding yards, as you know.' --'What do you say about the future of China?' said another. 'Don't you think she will also renovate herself like your country and become a formidable power.' --'She may do so,' I answered, 'in one way or other in the course of time, but I do not think a sudden and thorough transformation of the kind that has taken place in Japan is possible in China. I do not think it is possible even in Russia, where so much movement for internal reform is going on. To begin with, they have no feudal system in existence.' --'That sounds very odd,' said he: 'I must be enlightened on the point.'