INVOICE CURRENCIES. SECTION 2838 of the Revised Statutes (see Part I, paragraph 1840), provides that "all invoices of merchandise subject to a duty ad valorem shall be made out in the currency of the place or country from whence the importation shall be made, and shall contain a true statement of the actual cost of such merchandise, in such foreign currency or currencies, without any respect to the value of the coins of the United States, or of foreign coins, by law made current within the United States, in such foreign place or country." Invoices of free goods, or of goods paying strictly specific duty, may be made out in the currency of the United States, or that of any other country where its value is fixed by our laws. (R. R., pt. iv, Art. 25.) In ascertaining the value of imports for the assessment of duties, the currency of the invoice must be converted into money of the United States according to the rates of value ascertained and made known in pursuance of law; the standard gold dollar being the unit of the money of account of the United States. (Tr. Regs., Acts 345 and 993.) "Where the standard value of a foreign currency has been proclaimed by the Secretary of the Treasury in the manner provided by law, or, not having been so proclaimed, has been fixed by a special enactment, that value is to be taken in all cases in estimating customs duties, unless collectors have been otherwise instructed, or unless a depreciation of the value of the foreign currency expressed in an invoice from the standard of that currency shall be shown by consular certificate thereto attached."* (Ibid., Art. 993, as amended June 29, 1874, S. S., 1870.) Where the standard value of a foreign currency has not been so proclaimed, an invoice expressed in such currency must be accompanied by a consular certificate, showing its value in standard gold dollars of the United States. (Ibid.) "When silver is the legal standard of a foreign currency and represents the unit of account, its value is to be reduced to the basis of gold on the assumption that the ratio of 15 to 1, or such other ratio as may be from time to time established, represents the relative values of silver and gold." (Ibid., Art. 994.) Invoices of Swiss goods made out in the "franc federal," do not require the consular currency certificate. (Ibid., Art. 995.) "In the absence of the required currency certificate, the goods will be admitted to entry on the usual appraisement, but the importer will be required to give bond to produce such certificate, whether the import be subject to duty or not, and the final liquidation of duties will be delayed until the filing of the certificate or the expiration of the bond." (Ibid., Art. 998.) German thalers have ceased to be the unit of value in Germany, excepting Bavaria and Wurtemberg, and the mark has been substituted. All invoices of goods subject to a duty ad valorem, imported from Germany, other than from Bavaria and Wurtemburg, should be made out in marks, and such invoices representing other currencies should be rejected. (S. S., 2262.) An invoice made out in the currency actually paid may be received by a collector of customs, if it contains also a true statement of the actual cost of the merchandise in the currency of the country whence the goods were imported, and in all other respects complies with the laws and regulations governing the subject. (S. S., 2536.) *See ante, Part I, paragraph 1865, for statutory provision as to depreciated currency. CONVERTED INTO MONEY OF THE UNITED STATES. ESTIMATING THE POUND OR Sovereign at $4.8665, IN ACCORDANCE WITH THE ACT OF MARCH 3, 1873. This table cannot be used for the Pounds of the British North American Provinces. 2968.5650 681 3314.0865 752 611 2973.4315 682 3318.9530 753 3664.4745 612 2978.2980 683 3323.8195 754 3669.3410 613 2983.1645 684 3328.6860 755 3674.2075 614 2988.0310 685 3333.5525 756 3679.0740 615 2992.8975 686 3338.4190 757 616 2997.7640 687 3343.2855 758 3002.6305 688 3348.1520 759 3007.4970 689 3353.0185 760 619 3012.3635 690 3357.8850 761 620 3017.2300 691 3362.7515 762 621 3022.0965 692 3367.6180 763 622 3026.9630 693 3372.4845 764 623 3031.8295 694 3659.6080 823 4005.1295 894 4350.6510 824 4009.9960 895 4355 5175 825 4014 8625 896 4360 3840 826 4019.7290 897 4365.2505 827 4024.5955 898 4370.1170 3377.3510 765 3036.6960 695 3382.2175 766 625 3041.5625 696 3387.9840 767 626 3046.4290 697 3391.9505 768 627 3051.2955 698 3396.8170 769 3742.3385 840 628 3056.1620 699 3401.6835 770 3747.2050 841 629 3061.0285 700 3406.5500 771 3752.0715 842 630 3065.8950 701 3411.4165 772 3756.9380 843 631 3070.7615 702 3416.2830 773 3761.8045 844 632 3075.6280 703 3421.1495 774 3766.6710 845 633 3080.4945 704 3426.0160 775 3771.5375 846 634 3085.3610 705 3430.8825 776 3776.4040 847 635 3090.2275 706 3435.7490 777 3781.2705 848 636 3095.0940 707 3440.6155 778 3786.1370 849 637 3099.9605 708 3445.4820 779 3791.0035 850 638 3104.8270 709 3450.3485 780 3795.8700 851 3698.5400 831 4044.0615 902 4389.5830 4048.9280 903 4394.4495 4053.7945 904 4399.3160 4058 6610 905 4404.1825 4068.5275 906 4409 0490 4068.3940 907 4413.9155 4073.2605 908 4418.7820 923 4491.7795 943 924 4496.6460 944 925 4501.5125 945 926 4506.3790 946 927 4511.2455 947 928 4516.1120 948 949 950 951 4540.4445 953 4637.7745 973 934 4545.3110 954 4642.6410 974 935 4550.1775 955 4647 5075 975 4589.1095 963 4686.4395 982 4593.9760 964 4691.3060 983 4598.8425 965 4696.1725 984 4603.7090 966 4701.0390 985 4608.5755 967 4705.9055 986 4613.4420 968 4710.7720 987 4618.3085 969 4715.6385 988 4623.1750 970 4720.5050 989 4628.0415 971 4725.3715 990 952 4632.9080 972 4730.2380 991 4735.1045 992 4739.9710 993 4832.4345 13000 63264.5000 4744.8375 994 4837.3010 14000 68131.0000 4749.7040 995 4842.1675 15000 72997.5000 4754.5705 996 4847.0340 16000 77864.0000 4759.4370 997 4764.3035 998 4769.1700 999 4774.0365 1000 |