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n advantage of, the British North Borneo Company now does actually exist "as a Territorial Power" and not "as a Trading Company." Not only this, but the example has been followed by Prince BISMARCK, and German Companies, on similar lines, have been incorporated by their Government on both coasts of Africa and in the Pacific; and another British Company, to operate on the Niger River Districts, came into existence by Royal Charter in July, 1886. It used to be by no means an unusual thing to find an educated person ignorant not only of Borneo's position on the map, but almost of the very existence of the island which, regarding Australia as a continent, and yielding to the claims recently set up by New Guinea, is the second largest island in the world, within whose limits could be comfortably packed England, Scotland, Wales and Ireland, with a sea of dense jungle around them, as WALLACE has pointed out. Every school-board child now, however, knows better than this. Though Friar ODORIC is said to have visited it about 1322, and LUDOVICO BERTHEMA, of Bologna, between 1503 and 1507, the existence of this great island, variously estimated to be from 263,000 to 300,000 square miles in extent, did not become generally known to Europeans until, in 1518, the Portuguese LORENZO DE GOMEZ touched at the city of Brunai. He was followed in 1521 by the Spanish expedition, which under the leadership of the celebrated Portuguese circumnavigator MAGELLAN, had discovered the Philippines, where, on the island of Mactan, their leader was killed in April, 1520. An account of the voyage was written by PIGAFETTA, an Italian volunteer in the expedition, who accompanied the fleet to Brunai after MAGELLAN'S death, and published a glowing account of its wealth and the brilliancy of its Court, with its royally caparisoned elephants, a report which it is very difficult to reconcile with the present squalid condition of the existing "Venice of Hovels," as it has been styled from its palaces and houses being all built in, or rather over, the river to which it owes its name. The Spaniards found at Brunai Chinese manufactures and Chinese trading junks, and were so impressed with the importance of the place that they gave the name of Borneo--a corruption of the native name Brunai--to the whole island, though the inhabitants themselves know no such general title for their country. In some works, Pulau Kalamantan, which would signify _wild mangoes
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