The Sun.
London, England, 1860-12-01 00:00:00

(BY SUBMARINE AND MAGNETIC TELEGRAPH.)
GRATESEND, Saturday Morning.
Wind S.W. ; fine.
Arrived, Nov. 30:—Peninsula, steamer, from Cadiz.
Arrived, Dec. I.—Jermans, from Hamburg; Rhine,
steamer, from Antwerp ; Seines, from Boulogne.
Sailed, Dec. I.—Planet, steamer, for Hamburg; Ganite,
for Sydney ; Baldor, Martha, and Hero, for Dram ; Chris-
tine, for Lorwig ; Clio, for christiana ; Thos. Humphreys,
for Arundel ; Keswel, and Thames, for Drobock ; Hannah,
for Osteriesen ; Noir, for Lorwig ; Phoenix, for Sannesund ;
Serpent, for Christiana ; Neutral, for Riga; Holland,
steamer, for Ostend.
DEAL, Saturday Morning.
Wind S.S.W. ; moderate.
Passed, in tow—Fairy, barque, front Whampoa, for
London.

Passed—Woodbine, from Algoa Bay, for London ;
Arrow, from London, for St. Michael's ; Zetland, ship, from
the west, for London.

THE BRITISH EMPIRE ASSURANCE

COMPANY.

Reference was made yesterday morning to a
rather serious fraud which has been committed by
Mr. Inglis, the late secretary of the British Empire
Assurance Company. The event occurred some
time back, but has not yet been permitted to tran-
spire. The directors, however, have just autho-
rised the publication of the following correspon-
dence. Messrs. Cooper Brothers and Co. are the
accountants who have been employed in the inves-
tigation. We are informed that the ultimate loss
to the company will be small, as a considerable sum
will be obtained from the securities and friends of
the delinquent.
32, New Bridge-street, Blackfriars, E.C.,
Nov. 30, 1860.
Gentlemen,—Perceiving a paragraph in a daily paper of
this day calculated to mislead the public as to the recent
discovery of a loss sustained by the British Empire Mutual
Life Assurance Company in consequence of the misconduct
of our secretary, you have our permission to make any use
you think proper of the official report prepared by you as
the result of your late investigation ; at the same time it
is due to the company to state that the directors have
obtained available securities which will reduce the ultimate
loss to a sum under £4,000, and this amount has been pro-
vided for by life assurance ; the actual loss, therefore, will
only encroach to a small extent on the ample reserve fund
now in hand to meet contingencies.—l am, gentlemen,
yours faithfully,
(Signed) JOHN COVER, Chairman.
Messrs. Cooper Brothers and Co., 13, George-
street, Mansion-house.
13, George-street, Mansion-house,
London, Oct. 10.
To the Directors of the British Empire Mutual Life
Assurance Company.
Gentlemen,—In pursuance of your instructions we have
examined the books and accounts of your company, to
ascertain the amount of the defalcations of your late secre-
tary. We find the amount unaccounted for by him to be
£9,791 ss. 9d. There :appears to. have been no unsound-
ness in the system of book-keeping, which has been well
and accurately maintained, and subject to a mode of check-
ing calculated to defeat any attempt at fraud ; but by a
simple contrivance the auditors have been misled on each
succeeding occasion when their services were required. The
secretary, having entire control of the cash, has exhibited
in the books an apparent balance invariably far in excess of
the sum really in hand or at the bankers.—We remain, &c.,
COOPER BROTHERS and Co.

IMPORTANT TO MEDICAL STUDENTS.—It is neces-
sary that gentlemen who may think of entering the army
or Indian medical service should know that the next exami-
nation of candidates will commence on the third Monday in
February. The number of assistant-surgeons required will
be about 50. There will be no separate examinations for
the two services, the British and Indian being now united
under one head. All successful candidates will be gazetted
on the same day; their pay will commence at once, and
those who go abroad will have a free passage found. The
prospect is a fine one for young men of energy,--lifedical
Tsmce and Gazette.