The Sun.
London, England, 1850-08-12 00:00:00

NAVAL INTELLIGENCE.

Commander Henry Le Vesconte (1828), died July
7th, at Seymour East, Canada West. He was brother
of Commander Le Vesconte, whose death we announced
a few weeks since. They were sons of the late purser
of the Royal William, who lost his leg in the Ist of June
action. Commander Henry Le Vesconte entered the
navy in 1790, was made a lieutenant in 1800, was in the
Jamaica, 24, in the action off Copenhagen in 1801, and
in August following, in conjunction with Lieut. Agassiz,
took command of the boats of a squadron and gained the
commendations of Lord Nelson for the capture and des-
truction, with but slight loss to the British, of six flat-
bottomed gun-vessels, which had been driven ashore
near St. Valery, and were protected by the fire of a body
of military and five field-pieces. He served in the
Naiad, 30, at Trafalgar. and on that occasion assisted in

extricating the Belreisle, 74, from a perilous position
near the shoals, whither she was fast drifting. In 1811-
12 he watairit lieutenant of the Rodney and Melford,
74, flag-ships of Lord Collingwood and Sir F. Freman-
tle, and last served, in 1512, in the Queen, 74, flag-ship
of Sir C. V. Penrose.

Master William Elias 'Tyne (1848) in command of
the Coast-guard station at Mousehole, in the Penzance
district, died on the 7th'inst. lie served in the Albion
at Navarino, commanded the boats of the Conflict, and
was wounded in the capture of the piratical slaver
Nymphia (1830), and was actibg master of the Nimrod,
20, Captain Glasse, in the operations on the coast of
China, 1840-42, and on the coast of Scinde, 1843.

The half-:, early accounts of the above company have
just b. en circulated.
The auditors in their report, which precedes the state-
ment of accounts, say :
" Having regard to the full statement submitted to the
proprietors at Vick last muetinz, we do not propose on the
p. esent occasion to cuter into inneh
" The annex,el report from 'fir. Coleman, the public
ace natant eieployed, will show that the principle of a
continuous audit has been acted upon, and that the result
of a minute personal examination of every entry enabh a
him confidently to affirm the correctness of the results
as submitted to the proprietors.
" The system upon'which the accounts of the company
are conducted is simple and ctlicient, and renders their
examination comparatively easy.
•
'• In accordance with the resolution passed by the pro-
prietors at the last general meeting, we have caused to
be prepared a statement of the disbursements on capital
account to the 30th June, the particulars of which will
be found embodied in the report of the accountant.
"The debenturestatement 30th June shows a diminu-
tion of 256,0001., as also a very favourable change iu the
average rate at which the money stands borrowed.
"In the balance of the ' stores on hand' and woras
in progress' there is a further reduction, the actual stock
being tested on the principle of a continuous verification,
and the measures adopted being calculated gradually to
reduce the stock to tho lowest amount consistent with
the requirements of the service.

" The system adopted for the repair and the renewal
of the working stock, which we reported at the last halt-
yearly meeting as satisfactory, still continues in opera-
tion. Subsequent inquiry, and personal observation at
our principal locomotive establishments, confirm us in
the opinion we then expressed as to its sufficiency."
Then follows the accountant's report, which is ad-
dressed to the auditors, which repert we append:—
" Gentlemen,—ln accordance with your instructions I
have during the last six months made a continuous exa•
mination and audit of the accounts of this company, in
the course of which I have carefully checked every item
of receipt and expenditure, and in addition to examining
the general books and documents at Euston station, I
have had an opportunity of testing the system in opera-
tion at Wolverton and Crewe, the principal stores'
depots. The result of the whole has been to fully con-
firm the opinion that I gave in my last detailed report
to you, that the system of account adopted by the board
of directors, and carried out under the responsibility of
the committees, is calculated to secure a correct and effi-
cient control throughout this vast establishment.
"I have also, pursuant to your instructions, prepared
and now submit the following statement of the disburse-
ments on capital account:—
STATEMENT of the DISBURSEMENTS on the CAPITAL ACCOUNT,
prepared in reference to the Estimate submitted to the
Proprietors on the 22d of February, 1850.