It was a bright, pleasant day when Chang Wang stepped into the boat of his uncle, to drop slowly down the great Yang-se-kiang. Many a civil word he said to Fing Fang and his sons, for civil words cost nothing. Chang Wang sat in the boat twisting the ends of his long moustaches, and thinking how much money each row of plants in his tea-fields might bring him. Presently, having finished his calculations, the miser turned to watch his relations, who were pursuing their fishing occupation in the way peculiar to China. Instead of rods, lines, or nets, the Fing Fang family was provided with trained cormorants, which are a kind of bird with a long neck, large appetite, and a particular fancy for fish.

It was curious to watch a bird diving down in the sunny water, and then suddenly come up again with a struggling fish in his bill. The fish was, however, always taken away from the cormorant, and thrown by one of the Fing Fangs into a well at the bottom of the boat.

“Cousin Ko,” said the miser, leaning forward to speak, “how is it that your clever cormorants never devour the fish they catch?”

“Cousin Chang Wang,” replied the young man, “dost thou not see that each bird has an iron ring round his neck, so that he cannot swallow? He only fishes for others.”

“Methinks the cormorant has a hard life of it,” observed the miser, smiling.

“He must wish his iron ring at the bottom of the Yang-se-kiang.”

Fing Fang, who had just let loose two young cormorants from the boat, turned round, and from his narrow slits of Chinese eyes looked keenly upon his nephew.

“Didst thou ever hear of a creature,” said he, “that puts an iron ring around his own neck?”

“There is no such creature in all the land that the Great Wall borders,” replied Chang Wang.

Fing Fang solemnly shook the pigtail which hung down his back. Like many of the Chinese, he had read a great deal, and was a kind of philosopher in his way.