Summary

Portrait of Levi Woodbury Levi Woodbury Rankin v. Hoyt — Opinion of the Court

If the appraisers could not be called on to estimate the true value of the wool, when imported at low prices, but the value in the invoice was alone to guide, the revenue on all wool was manifestly liable to be lost, or the treasury greatly defrauded, by the article being put in the invoice at a price below the actual value, in order to introduce it free.
Source: Wikisource

Portrait of Levi Woodbury Levi Woodbury Rankin v. Hoyt — Opinion of the Court

The utility of appraisers in such a case is even more apparent and important than in most others, because the value of wool is uncertain, fluctuating, and liable to be concealed by many ingenious devices,-lowering the prices in the invoice, and others putting different qualities of wool in the same bale, or bringing it in mixed with dirt and burrs.
Source: Wikisource

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