The Sun.
London, England, 1852-10-20 00:00:00

HAYFIELD.

An act authorising the construction of this line from
the Tunbridge-wells and Hastings Railway to Mayfield,
was parsed in the last session of Parliament. The line
is six miles in length, passing along a valley leading to
Lewes. The estimated cost is 12,5001., or about 2,0001.
a mile. It was projected as a cheap agricultural line,
for tbo purpose of giving railway communication to a
district possessing natural advarnages, but without the
means of developing them. The promoters state that
when the line is completed, the landowners will be en-
abled to get their lime on any part of the line for 113. per
ton, being a saving of half the cost of the present mode
of conveyance. They estimate the traffic of the district
st 7,§501. per annum. and the working expenses at
2,3701 e leaving a profit of 4,280/., or 30 per cent. on the
proposed outlay; but they do not state how they propose
tr) obtain the land and construct the railway for 2,0001.
per mile. If the shareholders should get but one-fourth
of the estimated dividend they may consider themnelves
batter off than any railway proprietors in the country.

ISLE OF WIGHT.
Among the new railway projects recently announced
is one for the Isle of Wight. The line is proposed to be
constructed from Ryde and Cowes to Newport, and from
Godshill to Niton. The total length is about 22 miles.
The prospectus states that, in order to secure the success
of the undertaking, arrangements have been made with
Messrs. Fox, Henderson, and Company to construct and
stock the line, including latid, Sec., at a total cost of
2,30,000/.; and, further, to work it when completed for
seven years, paying. 5 per cent. to the shareholders on
the capital paid up till the opening of the line, and 5 per
cent., together with half the surplus profits, for the seven
years afterward!. The proposed capital is 240,0001.

AMERICAN RAILWAYS.
It appears from the latest accounts that there are up-
wards of 13,000 miles of railway completed and in opera-
tion in the United States. The average additional con-
struction is calculated at the rate of 10 miles a-day, and
this rate of progress is expected to continue for the next_
five years. The average cost per mile is from 3,000/. to
3,5001., with rails of 601 b. per yard, and a traffic of 101
per mile is reckoned to give a return of from 6 to 8 per
cont. The lines of New England are said to average 6
per cent. ; the New York Southern and Westerns pay
from 7 to 8 on bonds, and earn from 10 to 20 per cent.
The whole of the railway investments of the United
States for the present year are estimated at over 7 per
cent. on the aggregate capital. New lines are being
emistructed crossing the Alleghanies and onwards to the
West, the Mississippi, and Pacific, and a line is in pro-
gress from St. Louis to what the Americans term " the
verge of civilization," 300 miles up the Missouri. The
express speed on the Hudson River Railway is said to be
at the rate of 50 miles an hour, the train from New York
to Albany running the 181 miles, including four stop-
pages, in three hours and a minute.

MRS. TROLLOPE'S NEW NOVEL, "UNCLE
WAL
Tim,"—The singular changes that have taken place ),
society, within the last half century, may be seen set
forth with the most striking effect, in the last rsq
work of one of the cleverest of novelists Mrs. Trollops,
just published under the title of "Uncle Walter." The
hero is a gentleman of large
property and high connec-
tions, who, having left England in his youth, and since
then wandered about in the least civilized portions of
the Globe, following the pursuits of a naturalist, re-
turns in his old age, to take his proper place in society
—the chief features of which, social and religious, lead
to all sorts of amusing misconceptions. In the bends of
so close an observer as Mrs. Trollops, such an oppor-
tanil of making the most of things:as they are, could
scarcely fail of producing much profitable and amusing
reading, and the result, as might be expected, is on© of
the most original and entertaining narratives, that has
appeared aince ker "Vicar of Wresbill."
PAICE OF GOLD.—I3y the latest advices from Paris
the price of gold appears to be 0.40 per cent. cheaper than in
London, the premium being 1 per mille, and the tigchange
at short 25 27k.