Proceeding to Africa, we have the Cape Railway, the terminus of which is at Cape Town. The total length of its lines in operation is sixty-three miles. The Cape of Good Hope Government guarantees 6 per cent. upon a sum not exceeding £500,000, and “it is to be considered as a rate in aid towards making a dividend of 6 per cent.” The net dividend and the guarantee combined only yield 4 per cent. on the gross capital, which, at the date of the last report issued by the company in October, 1867, was £746,722. This railway has suffered severely in its traffic, in consequence of the great commercial depression in the colony during the last two years, but its prospects are now reviving. The Directors have recently completed arrangements with the Colonial Government for the construction of further extensions. The young and enterprising colony of Natal contemplates (as yet it has done nothing more) two lines of railway, one from Durban to Maritzburg, which will be about sixty-nine miles long, and a mineral line from Durban to Zuguela. Its length would be sixty-nine miles, and it would run through districts said to abound in fine coal, limestone, and iron. The Island of Mauritius has a railway consisting of two portions, each having its terminus in common at Port Louis. The northern line is 36½ miles long, and the Midland 34 miles. They are now both open in their entire lengths. The traffic is reported to be highly satisfactory, and in advance of the expectations which had been formed of it. The cost of the whole 70½ miles has been about £1,300,000, of which the Government advanced £300,000 out of its accumulated surplus revenue. The balance of the capital has been principally found in England. Shortly after the British Government took possession of Ceylon, at the invitations of the native chiefs, the formation of a large system of roads through the principal parts of the island was decided upon. These, as well as several canals, were constructed at heavy cost, for the country is extremely difficult and mountainous in several parts. Now the railway is beginning to supersede the old roads, and in a few years more there will be a tolerably comprehensive net-work throughout the island. From Colombo, its capital, situated on the west-coast of the island, to the foot of the incline over the Allagalla Mountain, the peak of which is 8,400 feet above the level of the sea, the line has been opened since the early part of 1867. Its length is fifty-three miles, and it is expected that before the close of the year the whole line to Candy will be completed. The railway will subsequently be extended from Candy to Trincomalee.