The Florists' exchange : a weekly medium of interchange for florists, nurserymen, seedsmen and the trade in general . .y the United States .SupremeCourt. It deals with the bonds given to insure theproper valuation of imports. Heretofore it has beenfound impossible to collect on these bonds, theGovernment attorneys, pending the decision .justmade, holding that the bonds were not good and thatwhere cases of undervaluation were made out by theappraiser, the Government could not collect thepenalty. All this the decision of the Supreme Courtchanges. The result will be that importers will here-after
The Florists' exchange : a weekly medium of interchange for florists, nurserymen, seedsmen and the trade in general . .y the United States .SupremeCourt. It deals with the bonds given to insure theproper valuation of imports. Heretofore it has beenfound impossible to collect on these bonds, theGovernment attorneys, pending the decision .justmade, holding that the bonds were not good and thatwhere cases of undervaluation were made out by theappraiser, the Government could not collect thepenalty. All this the decision of the Supreme Courtchanges. The result will be that importers will here-after exercise great care in their invoices, to avoidthe heavy penalties for undervaluation. According to the procedure in the department, onfcase in every ten of goods imported is sent to theappraiser for valuation. The others are used as thedealer desires. This system w^as adopted so thattlie goods, of which there may be large accumula-tions while the appraiser has the question of valua-tion under consideration, shall not cause a conges-tion, and may find their way into the regular chan-nels of trade without Robert C. Bercktnans. President-elect Society of Sontliern Florists andOrnamental Horticalturists. In order to provide against undervaluation, theimporter is required to give a bond in twice theamount of the entire Invoice, the object being thatwhen the goods sent through have passed beyondthe reach of the collector, he may collect the faceof the bond, should any undervaluation be found inthe one case he has examined. The law providesa penalty in double tlie value of the entire Invoicefor undervaluation, and this penalty the bond wassupposed to cover. In the case at issue the contention was made thatthe jurisdiction of the collector could not extend be-yond the case of goods before him, and fhat the pen-alty could be collected only to that extent. It wascontended that the bond was not a penal bond, andwas in effect of no value whatever. Collectors and appraisers have h
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Keywords: ., bookcentury1800, bookdecade1880, booksubjectfloriculture, bookyea
