To the Editor of the Norra-Cuina Dairy News."
Srr,—Certain passages of an article written by your special correspondent in - Peking, Mr. Rodney Gilbert, in your issue of the 23rd inst and, under the heading "Gold Francs and Banque Industrielle" would lead one to think that the French Government wants to realize a profit to the detriment of the creditors of the Banque Industrielle de Chine.
I must point out the total inexactitude of such assertions.
By the Franco-Chinese Agreement of 1922 as well as by the French law passed in 1923, the French Government has completely abandoned their portion of the Boxer Indemnity to the Far Eastern creditors of the Banque Industrielle de Chine, irrespective of their nationality, the balance to be used for the benefit of Franco-Chinese educational purposes, The French ~Government. will therefore not receive one' single fraction of the amount collected. I am, ete., Witpen. French Consulate-General,
Text read from the printed page and cleaned; old type leaves the occasional error.