LONDON– The last British emissary to Hong Kong who seriously misread the situation got recalled to London by fast clipper and reposted as consul-general to Texas. Charles Elliot became unstuck because, as Queen Victoria put it, “all he wanted might have been obtained if it had not bneen for the unaccountably strange conduct of Charles Elliot–he tried to obtain the lowest terms from the Chinese.” Chris Patten, Hong Kong’s current government, is also about to be recalled to London. On June 30th after the union jack is hauled down at midnight and the yellow star hauled up he too will sail away, along with Prince Charles on the royal yacht, Britannia. Did Mr. Patten, too, seriously misread the bnargaining relationship with China, not by settling for the lowest terms, but by demanding too much? Perhaps, say his legion of critics, he totally underestimated the Chinese, endlessly provoking them by pushing through...