Chancellor returned the following year to Moscow, and arranged with the Tsar the commercial privileges and immunities of a new company of merchant-adventurers who desired to trade with Muscovy; but in 1556, while on his way home, accompanied by Osep Neped, the first Russian ambassador to the court of England, their ship was wrecked on our own coast, at Pitsligo bay, where Chancellor was drowned, with most of the crew; but Osep Neped, who escaped, was conducted with much pomp to London, and there established on a firmer basis the commercial relations between the two countries, to which Chancellor's discovery had led, and of which he had laid the foundation. The commerce thus begun has continued uninterrupted, to the mutual advantage of both nations, up to this time, and thousands of our countrymen have there gained wealth and distinction, in commerce, in the arts, in science, and in arms. But of the twenty-seven millions of men, women, and children who people Great Britain and Ireland, how many may be presumed to know any thing of Russian literature, or even to have enquired whether it contains any thing worth knowing? Are there a dozen literary men or women amongst us who could read a Russian romance, or understand a Russian drama? Dr Bowring was regarded as a prodigy of polyglot learning, because he gave us some very imperfect versions of Russian ballads; and we were thankful even for that contribution, from which, we doubt not, many worthy and well-informed people learned for the first time that Russia produced poets as well as potashes. Russia has lately lost a poet of true genius, of whom his countrymen are proud, and no doubt have a right to be proud, for his poetry found its way at once to the heart of the nation: but how few there are amongst us who know any thing of Poushkin, unless it be his untimely and melancholy end? The generation that has been so prolific of prose fiction in other parts of Europe, has not been barren in Russia. She boasts of men to whom she is grateful for having adorned her young literature with the creations of their genius, or who have made her history attractive with the allurements of faithful fiction, giving life, and flesh, and blood to its dry bones; and yet, gentle reader, learned or fair--or both fair and learned--whether sombre in small clothes, or brilliant in _bas-bleus_--how many could you have named a year ago of those names which are the pride and delight of a great European nation, with which we have had an intimate, friendly, and beneficial intercourse for three consecutive centuries, and whose capital has now for some years been easily accessible in ten days from our own?