September 7th inclusive, based on one-half of the Sieward's catch of 247 seals during that period, less the 57 seals taken by the Kate during that period, showing a loss of 67 seal skins, which at the price of $7.55 represents a loss of $508.05.· The Tribunal, therefore, considers that the damages for this detention should be fixed at $508.05 for her loss of profits, and $500 for the trouble occasioned by her illegal detention. Inasmuch as the profits for the estimated catch of the Kate during the period of detention have been allowed, there was no pecuniary damages suffered on account of the detention of the officers and the crew. As to interest: The British Government in their oral argument admit that the 7% interest claimed in their memorial must be reduced to 4% in conformity with the provisions of the Terms of Submission. It appears from a note addressed by the British Ambassador at Washington to the Secretary of State, dated February 15, 1897, that this was the first presentation to the Government of the United States of a claim for compensation in this case. (United States Answer, Exhibit 16). Therefore, in accordance with the Terms of Submission, section IV, the Tribunal is of the opinion that interest should be allowed at 4% on the $508.05 damages for loss of profits, from February 15, 1897, to April 26, 1912, the date of the confirmation of the schedule. FOR THESE REASONS The Tribunal decides that the United States Government shall pay to the Government of His Britannic Majesty, on behalf of the claimants, the sum of one thousand and eight dollars and five cents ($1,008.05), with interest at four per cent (4%) on Five hundred and eight dollars and five cents ($508.05) thereof, from February 15, 1897, to April 26, 1912. Washington, D. C., December 9, 1921. The President of the Tribunal, HENRI FROMAGEOT. Date of Filing, Jan. 15, 1914. AMERICAN AND BRITISH THE "COQUITLAM” ANSWER OF THE UNITED STATES |