Since Cortes first looked on the waters of the ocean from a peak in Darien, since Balboa of Castile waded into its waters and claimed them for the dominion of the King of Castile, events have rushed forward with bewildering haste to transfer the centre of the world's interest to the Pacific. Cortes in his day looked to a North Pacific coast inhabited by a few wandering Indians. (The powerful national organisation of Mexico had not extended its influence as far as the Pacific coast.) Now there stretch along that coast the Latin-American Power of Mexico, doomed, probably, to be absorbed before the great issue of Pacific dominance is decided, but having proved under Diaz some capacity for organisation; the gigantic Power of the United States with the greatest resources of wealth and material force ever possessed by a single nation of the world; and the sturdy young Power of Canada. To the South, Cortes looked to a collection of Indian States, of which Peru was the chief, boasting a gracious but unwarlike civilisation, doomed to utter destruction at the hands of Spain. Now that stretch of Pacific littoral is held by a group of Latin-American nations, the possibilities of which it is difficult accurately to forecast, but which are in some measure formidable if Chili is accepted as a standard by which to judge, though, on the whole, they have shown so far but little capacity for effective national organisation. Looking westward, Cortes in his day could see nothing but darkness. It was surmised rather than known that there lay the Indies, the kingdoms of the Cham of Tartary and the great Mogul, lands which showed on the horizon of the imagination, half real, half like the fantasy of a mirage. To-day the west coast of the Pacific is held by the European Power of Russia; by the aspiring Asiatic Power of Japan, which within half a century has forgotten the use of the bow and the fan in warfare and hammered its way with modern weapons into the circle of the world's great Powers; by China, stirring uneasily and grasping at the same weapons which won greatness for Japan; by a far-flung advance guard of the great Power of the United States in the Philippines, won accidentally, held grimly; by England's lonely outposts, Australia and New Zealand, where less than five millions of the British race hold a territory almost as large as Europe. Sprinkled over the surface of the ocean, between East and West, are various fortresses or trading stations, defending interests or arousing cupidities. Germany and France are represented. The United States holds Hawaii, the key to the Pacific coast of North America, either for offence or defence. Great Britain has Fiji and various islets. The Japanese Power stretches down towards the Philippines with the recent acquisition of Formosa.