Northern Times. — 1857-12-07 (Liverpool, Merseyside, England)

MONDAY, DECEMBER 7, 1857.  THE DAY'S NEWS:  -We to-dav publish full details of news from Australia and America. By the previous mail we learned that great controvesy had arisen in Victoria on the subject of railways, both as to the direction of the main trunk lines, and the financial and engineering arrangements, under which the work should be undertaken. Those questions were in nrocess of adjustment. The Assembly passed the bids introduced by the Government, providing for two lines being commenced simultaneously—one from Geelong to Ballarat, and the other from Melbourne to Sandhurst, through Castiemaine— and also for raising the means, by a loan of eight millions. A bill to provide for the elueation of the people had been introduced by the Attorney-General, It is founded upon the principles adopted in the New Eng:and States and in Canada, and there seems a reasonable probability that it will meet with some support. The Bill for the Abolition of the State Aid to Religion had been rejected by the Upper, slier passing the Lower House. The reports from all the gold-fields are highly satisfactory. nom New South Wales the intelligence is not of much importance. The Arabia arrived here lass evening with nearly £'350,00.0 sterling in specie and two days' later news. The English failures in the Amer:can trade, reported by the steamer Atlantic, caused a good deal of conversation, but no excitement, in New York. With the exception of the trouble in the City Bank of G'asgow, none of the important suspensions of payment reported were wholly unexpected. The effect on the Stock Exchange was scarcely felt adversely.. A most terrific gale, on the Ohio, had caused the los3 of 100 lives, and the particulars of the burning of the Raindeer, on the Mississippi, show that 75 persons met with sudden death on that occasion. Of political news there was none stirring of the least consequence, Governor Walker, of King-as, had reached Sr. Louis on his way to Washington, to explain his conduct in that Territory. The most important news from the Continent this morning, is to the efr2ct that the Porte has put an end to the publicity of the sittings of the Divans. This is not doubtful, and was rather to be expected, the Porte havinc, remonstrated before a the subject with the European commission. The commission apparently disregarded the sere monstrauces, and the Porte has now, it scents, asserted, by an act of its own, what it deems to be its right.  The commercial crisis in the north of Europe continues, and we are afraid we have not yet seen the worst of it. The Danish Government endeavours to assist the Copenhagen merchants by an advance of £290,000, and the .Bink of Luz - U 1 11 in its hands on lle.mburgh now due. At Hamburgh no business whatsoever was transacted on Cuange on Thursday, the congregated merchants' preferring to discuss the advisability of a State loan to put an end to their awkward position. Firms continue to break down at Stettin, Dantzic, and Kce:iigsburg, and the eff,-:ct of these failures is felt with particular severity all over Poland. In Berlin na list of bankruptcies is almost exclusively of small Jewish firms.  Oißola' despatches from D.dhi, with lists of the killed and wouucicd, up to the 31st of August, were published in Friday's Gazette. This period, it will be observed, is too remote to include the less in the assault and fall of th.e city. The total loss in killed and wounded is put down at 2,110 otllocrs and men, and 263 horses. We suppose that, at the Least, we must add another 2,000 as the loss afterwards sustained, and thu-3 the cost of taking aihi in killed and wounded lies bee,: over 4 000 men.  The Obsennr says that the marriage of the Prig_ eels Royal of EnglanJ, With Pity l FreThrick William Of PeUF,:iio, is lii Iy to take plam in the third week of January—probably on Monday, the 1811. The newly-married Peincess will hold a farewell reception at court, previous to her departure from Engkifil.  At our Polke C.)ort, on Saturday, the inquiry into the death of one Itoilerig-, a seaman, who diet from adeged ill-treatment by c.►itroh and mite of the Elizabeth, while on the voyage from Africa to Liverpool, was concluded. One witness was exafter which Doctors Wall and Inman gave their evidence, which went to prove that the death of Roderigo was accelerated, if riot caused, by the treatment of the accused. Mr. Mat:sfield committed the captain-on a charge of manslaughter, and the mate for an aggravated as;iault. Mr. Sergeant Piggot, of the Oxford Circuit, has been appointed Recorder of Hereford, in the. room of Mr. Horn, who committed suicide.  On Sa'lnrCiay another attempt to launch the Leviathan. She was moved 6 feet 8 inches nearer tho river.  PARLIAMENT Will not do anything with the ' Currency. Party must work out our commercial salvation. The collective wisdom of the State thinks a Bill of Indemnity will save trade. It is to replenish the Exchequer likewise. The sitting of both Houses is to do the rest. This is the practical specific for social disorganisation ! Mr. DISRAELI does not appear to have much faith in this reme, ly. He declares he knows all theory and practice have to impart. He has the contents of our monetary blue-books at his finger ends. He will hear no more of or from committees on exhausted inquiries. The right honourable gentleman 9nly waits to learn what Ministers have to propose. If there is to be a repeal of our money laws, he would not waste time with an indemnity. The Bank Directors want no justification for an act which Parliament itself will be constrained to adopt. The Bank Charter of 1844 is defunct. It has committed suicide, and the inquest is now sitting on its corpse. To bring it back to life is impossible. ,The laws which govern the arterial action of the animal world forbid it. Parliament may give life to revolting abortions, but it cannot bestow activity on a cripple, or vigour on an Such creations cannot rise above the