S. Silberstein & Son, Inc. v. United States

On August 30, 1921, the United States, by its officers authorized for that purpose under the provisions of the acts of July 9, 1918, and July 11, 1919, held a regularly advertised public auction sale at Brooklyn, New York, of a surplus supply of Army blankets. The plaintiff made a bid, which was accepted for 15,900 blankets, as follows:

Lot No. 384, class 4, 6,000, at $2.25 each_$13, 500

Lot No. 385, class 6, 5,000, at $2.65 each_ 13,250

Lot, No. 386, class 10, 4,900, at $3 each- 14, 700

41, 450

Upon the acceptance of its bid the plaintiff paid the purchase price of $41,450, and thereafter the…