Hicks v. Guinness - 269 U.S. 71 (1925)
U.S. Supreme Court
Hicks v. Guinness, 269 U.S. 71 (1925)
Hicks v. Guinness
Nos. 80 and 81
Argued October 22, 23, 1925
Decided November 16, 1925
269 U.S. 71
1. In an action under the Trading with the Enemy Act to recover on the debt of a German to an American citizen which was due and payable here in German marks before this country entered the late war, the damages are to be measured by the value of marks in dollar as of the time when default occurred. P. 269 U. S. 80.
2. The liability to damage having become absolute before he war began, interest should include the time covered by the war. P. 269 U. S. 81.
299 F. 538 affirmed in part, reversed in part.
Certiorari allowed on cross-petitions to review a judgment of the circuit court of appeals which affirmed a decree of the district court (291 F. 768, 769) allowing a recovery, without interest during the war, in a suit under the Trading with the Enemy Act.