Oliver Wendell Holmes, Jr., Maryland Dredging Contracting Company v…
“ The allegations by which the claimant attempts to avoid his contract making time of the essence, that the damages were difficult cult to prove, and that therefore they should be fixed at $20 a day, are too speculative to do more than emphasize the necessity for the liquidation. There is no element of deception or exorbitance, and although the case seems a hard one, we see no ground upon which the claimant can escape from the terms to which he has agreed. ”
