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Crude palm oil was being offered in India at about $1,775 a tonne, including cost, insurance and freight, for June shipments, compared with $1,845 for crude soybean oil.

This case, which was decided against the Crown, laid down that the American shipper was to be paid even when he had sold a cargo, cost, insurance, and freight, and when the risk of loss after the cargo had been shipped did not apply to him at all.

The foreigner, and especially the Frenchman, wants a c.i.f. price which includes cost, insurance and freight and which puts the article down at his door.