288 CLAIM OF THE UNITED STATES 



Govcrnmcutviz, tliG boiius DGi' sealsldii, luis becii reduced on 



claim. 



the same principle. 

 Govcrnujcutauti No definite arrangement lias as yet been made 



lessees. 



between the Treasury and the lessees as to the 

 amount to be paid by the latter for their fran- 

 chises for the current year, but if, as is almost 

 certain, the above-mentioned arrangement will 

 be continued, then the loss sustained by the 

 Government, for which it is entitled to indemnity 

 from the Arbitrators, can be estimated by substi- 

 tuting for the number 13,482 in the above com- 

 putation, such a number as the Arbitrators shall 

 find might safely have been taken in excess of the 

 7,500 provided for in the Convention. 

 Bas^B of compu- Yov example, if it is determined that 40,000 



tatioii oi damages ^ ' ' 



to Govcrumeut. ggals misfht liavc been taken over and above the 

 7,500, then the Government will be entitled to an 

 indemnity of $226,000, obtained as follows: 



Tax on 40,000 seals, at $2 $80, 000 



Keutal (1007000^ $60, 000) 24,000 



Bouus (i^J-QQ- X $7. 62^^ X 40,000 122, 000 



Total 220, 000 



The Government is entitled to damages in this 

 amount because this sum represents the excess 

 which it would receive from tlie leasees if the 

 catch, instead of being limited to 7,500 were 

 limited to the number of seals which covild be 



