The damage has been arrived at by the assessors as provided for the policy at the sum of Tls. 4,006.16, effect being given, in at~ ing at that figure, to the pro-ions of El. 16 of the conditions and stipulations endorsed ow the policy which provides that if the blue of the property insured is greater than the amount for which it is insured the assured must bear Fatable proportion of the loss; ye assured has assented to this gute; and the learned Judge has Judgment for Tls. 4,006.16.
the judgment says nothing about the rate at which this sum of units of account, to use the expression of the learned judges in Anderson r. Equitable Assurance Society (subra), is to be translated lars for the purposes of argue Hankow taels should be cuaverted to dollars at the rate of Ths. that on to St and notes p. 6), In the eireamstances above set thi that there is evidence which the Court should hold that, all mate ial dates the Na-inti Goverment were de Fol notes
gulations of 1928 which at the the banks mentioned in the re above mentioned rate, correctly" represents the sum of Tis, 4,006.16 Thy due Uy the judgment in control in Hankow, that they appealed og this tender was!
power to issue regulations deal. made by a eheqae on a Chinese bank ing with the vote of exchange, and and st 1s admitted that the quality that f0 far as financial transactios ut the tender whs not objected to. between Chinese were cone}ened, The plaintiff refused to accept the these regulations were binding. cheque merely because the amount he would have received on cashing Were the Regulations Binding the cheque would nly have been But it was stronely 2A8 in depreciated not the plaintilt fons were not hi rewards ps ments made by for ers to Chinese and that, in fact, payments were made in silver by Foreigners in respect of rates and due to the Government and of debt ts to Chinese; and 50 strom ly that if a foreig hind sued a Chinese in a Chinese Cour, the defendants ini recovered judgment, payment, fon August 16, 195 was a Rood would have had to be made according to the silver value, whatever T think, therefore, that the de-that might be, of the tael and not cision appealed against should be depreciated notes.
On the set aside and judgment entered for ther hand the defendants produced the defendants with costs. The receipts jowing that they
Text read from the printed page and cleaned; old type leaves the occasional error.