The Senatorial Commission has begun examination of the Bill recently passed by the Chamber for employing the remainder of the Boxer Indemnity to reorganize the Banque Industrielle de Chine. As soon as Jeanneney has completed his report, the Bill will be submitted to the Senate as despatches from China show the advisability of the Bill becoming law as soon as possible. M. Doumergue, the President of the Foreign Affairs Committee of the Senate communicated to his committee a letter from M. Griolet, the President of the Provincial Administration of the Banque Industrielle ° de Chine, alleging that "According to authortative information in interested circles in London, if the Bill for the reconstruction of the Banaue Industrielle de Chine is not ratified by December 31, the British Courts will order a declaration of bankrupted of the London, Singapore and Hongkong branches of the
Text read from the printed page and cleaned; old type leaves the occasional error.