Cutler-Hammer, Inc. v. United States

Nichols, Judge,

delivered tbe opinion of the court:

This case is before us on plaintiffs’ motion and defendant’s cross-motion for summary judgment. Plaintiffs are seven domestic corporations, all industrial users of silver. The cause of action is based upon an alleged breach by the defendant of an alleged contract to sell silver to the plaintiffs at the price of $1.292929292 ($1.29+) per fine troy ounce. Jurisdiction is 'said to lie under 28 U.S.'C. § 1491.

The facts of this case present an interesting bit of monetary history, even though contributing no new problem to the field of contract law.…