25 AUGUST 1849, Page 15

A new invention is about being brought forward [in New

York] for railways in the streets of cities, which will here very nearly do away with the present style of omnibus; and while it will be applicable to all usual purposes as a rail- road, will not interfere with the passing of other carriages. It will also cause a great saving of expense to the paving commissioners. The peculiarity consists in there being but one rail; which, instead of being laid on the ground, Is placed at the extremity of upright stanchions, curved at the top like the letter f; the wheels of the carriages are to be on the top; and the carraiges being suspended from their axles, will hang near the ground, and be drawn by horses as theyy now are, when the roads pass through the streets of cities.—Times Corr at New York.