C. H. Powell Co. v. United States

Keefe, Judge:

This is an appeal brought by the importer for the review in reappraisement of the findings of value by the trial court upon certain iron drums filled with olive oil and imported from Greece.

The invoice discloses that the olive oil was contained in 100 new drums costing 300 Greek drachmas each, and that the foreign value of second-hand drums is 180 drachmas each. The drums were entered at 160 drachmas and appraised at the cost price of 300 drachmas.

At the trial it was established that in the country of exportation the foreign value of uncleaned second-hand drums was 160 drachmas…