United States v. New Drinks (Ltd.)

Alcoholic compounds, entered on October 11, 1920, at the port of San Francisco, Calif., were assessed by the collector of customs at 20 per centum ad valorem and 40 cents per pound under paragraph 16 of the Tariff Act of 1913. The entry was liquidated on the 11th of March, 1921, and the goods were delivered to the importer after payment and settlement of duties. On April 6, 1921, the importer protested that the rate of exchange applied by the collector to the foreign currency value of the merchandise was incorrect.

The collector conceded that the protest was well founded, and, on October 24,…