Regarding the rehabilitation of the Banque Industrielle, Marshal Tuan Chi-jui points out that China now becomes the Banque's creditor instead of its debtor.
Tu conclusion he claims that from 'a diplomatic standpoint two qu tions, namely, the holding of a tariff conference and the method of payment of the Indemnity have been separately settled, and from 1 financial standpoint, the acceptance by the French of the method of telegraphic transfer indicates that the Chinese here gained their point.
The Chief Executive is of the opinion that after taking all considerations into account, the plan of settlement is quite commendable He states that there is a strong possibility the abolition of likin, and an increase of Customs duties, as stipulated in the Mackay Treaty, will be discussed at the forthcoming saatereae, deleness SON hopes a sound fina be' inid down—Reuter's Pacific Service.
Text read from the printed page and cleaned; old type leaves the occasional error.