Reported Scheme of Sino-French Reconstruction London, July 19. "The Daily News" states that a Sino-French agreement for the refloating of the Banque Industrielle de Chine is reported to have been signed.
The journal says that the French share in' it consists of nine annual payments of 14,461,000 gold francs, gold francs and five deferred nine further payments of 20,879,000
annuities of 14,461,000 gold francs. These sums will be used for amortization and payment of interest on 5 per cent. gold bonds which will be given in the name of the French Government to the Far astern creditors of the Banque Industrielle.
The French Government will provide for the distribution of the bonds granted to the creditors in conformity with the proposal for a ter's Special Service.
Text read from the printed page and cleaned; old type leaves the occasional error.