Roger B. Taney,
Smith v. Condry — Opinion of the Court
“ The defendant objected to this testimony, and the court refused to admit it.It has been repeatedly decided in cases of insurance, that the insured cannot recover for the loss of probable profits at the port of destination, and that the value of the goods at the place of shipment is the measure of compensation. There can be no good reason for establishing a different rule in cases of loss by collision. It is the actual damage sustained by the party at the time and place of the injury that is the measure of damages. ”
