Morrison Waite

“ Whether, upon the facts as shown, a decree should be passed rescinding the contract under which the appellant received bonds to the city in settlement of what was due him on certain of his claims.
As to the first of these questions, it is sufficient to say that all damages for delay in the payment of money owing upon contract are provided for in the allowance of interest, which is in the nature of damages for withholding money that is due. The law assumes that interest is the measure of all such damages. ”