Ivan III. will, through all ages, retain the rank of one of the most illustrious of the sovereigns of Russia. The excellencies of his character and the length of his reign, combined in enabling him to give an abiding direction to the career of his country. He made his appearance on the political stage just in the time when a new system of government, favorable to the power of the sovereigns of Europe, was rising upon the ruins of feudalism. The royal authority was gaining rapidly in England and in France. Spain, freed from the domination of the Moors, had just become a power of the first rank. The fleets of Portugal were whitening the most distant seas, conferring upon the energetic kingdom wonderful wealth and power. Italy, though divided, exulted in her fleet, her maritime wealth, and her elevation above all other nations in the arts, the sciences and the intrigues of politics. Frederic IV., Emperor of Germany, an inefficient, apathetic man, was unable to restore repose to the empire, distracted by civil war. His energetic son, Maximilian, was already meditating that political change which should give new strength to the monarch, and which finally raised the house of Austria to the highest point of earthly grandeur. Hungary, Bohemia and Poland, governed by near relatives, might almost be considered as a single power, and they were, as by instinct, allied with Austria in endeavors to resist the encroachments of the Turks. Inventions and discoveries of the greatest importance were made in the world during the reign of Ivan III. Gutenberg and Faust in Strasbourg invented the art of printing. Christopher Columbus discovered the New World. Until then the productions of India reached central Europe through Persia, the Caspian Sea and the Sea of Azof. On the 20th of November, 1497, Vasco de Gama doubled the Cape of Good Hope, thus opening a new route to the Indies, and adding immeasurably to the enterprise and wealth of the world. A new epoch seemed to dawn upon mankind, favorable at least to the tranquillity of nations, the progress of civilization and the strength of governments. Thus far Russia, in her remote seclusion, had taken no part in the politics of Europe. It was not until the reign of Ivan III. that this great northern empire emerged from that state of chaos in which she had neither possessed definiteness of form nor assured existence.