Paris, Feb. 24.
After the Chamber of Deputies, the Senate has taken the case of the Banque Industrielle de Chine in hand and is examining it with great care. Two reports have been presented this week, one by Jeanneney on behalf of the Finanze Committee and the other by M. Reynold in the name of the Foreign Affairs Committee. Bot approve the Bill already voted by the Chamber, authorizing the Goyernment to utilize the Boxer indemnity in the interests of French credit in the Far East. M. Jeanne ney treats the subject exhaustively and describes not only the history of the Boxer indemnity but that of the Bank and the efforts made to keep it afloat. Under the third head he mentions that the bank syndicate which advanced over Fr. 250,000,000 from January to May of last year included not only French but foreign concerns, such as the Banca Commerciaie} Italiana and the Bankers' Trust. There was also a' contribution of Fr. 30,000,000 from the Government! of Indo-China.
Text read from the printed page and cleaned; old type leaves the occasional error.