Ward Hunt, Arthur v. Goddard — Opinion of the Court
“ The actual value has been stated at 8,494.95 francs, and such was also the 'invoice value.' The entered or invoiced value spoken of in the statute means the value as it is stated in or upon the invoice. That value was, francs, 8,494.95. The value means the cash value. The price at thirty days' credit might be different, and the difference would probably be greatly increased by a credit of six months or a year, but the value or cost would still be the same. The difference would be chargeable to the credit, and not to a difference in the value of the goods. ”
