U.S. Supreme Court
Cramer v. Arthur, 102 U.S. 612 (1880)
Cramer v. Arthur
102 U.S. 612
1. The valuation of foreign standard coins, which the Act of March 3, 1873, c. 268, 17 Stat. 602; Rev.Stat., sec. 3564, requires the Director of the Mint to estimate annually and the Secretary of the Treasury to proclaim on the first day of January, is as binding on collectors of customs and importers, as if declared by statute, and evidence is not receivable to show that it is inaccurate. The Collector v. Richards, 23 Wall. 246, cited and reaffirmed.
2. Pursuant to sec. 2903 of the Revised Statutes, providing for the case of invoices made out in a depreciated currency issued and circulated under authority of any foreign government, regulations were established declaring that where the standard value of a foreign currency has been proclaimed by the Secretary of the Treasury in the manner provided by law, such value shall control in estimating customs duties unless collectors have been otherwise instructed or unless a depreciation of the value of that currency "expressed in an invoice from the standard of that currency, shall be shown by consular certificate thereto attached." Held that the proclamation and certificate are conclusive.
The facts are stated in the opinion of the Court. chanroblesvirtualawlibrarychanroblesvirtualawlibrary