The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-03-12

IMPORTANT COMMERCIAL DECISIONS Salrdge.-In
the United States District Court for Massachusetts,
Judge Sprague decided, in the of the brig Su-
san, that
When vessel is in such peril as to be the sub
lect OF salvage service, pilot, by the general law
is not bound to give his aid for mere piotage. If
IN such case the vessel hoist her coors at the fore
topmast head, it will be deemed a request for as
sistance, although it be the usual signal for
pilot Salvors cannot force themselves upon
vessel 10 distress against the will of the master 1t
is at his option to accept their services not
But, II he has requested their assistance by
signal of distress otherwise, ard they have in
Cured danger, expense or labor, in compliance with
such request, and their aid has then been refused
At seems, they have right to some compensation,
at least if the vessel ultimately comes to place of
safety.
Where aid in saving a vessel from a sea peril is
rendered under contract it is a salvage service,
unless, by the terms of the contract, the compen-
saton is to be absolute, and not contingent upon
success.
In fixing the amount of salvage compensation, it
is proper to take into view the policy of encoura-
glng competent persons, on dangerous coast, to
associate together and keep themselves prepared
with boats and other appliances to render prompt
assistance to vessels in distress.
Principal and Agent.-The Massachusetts, Su-
preme Judicial Court decided in January last, in
the case of Greenfield Bank as. Lyman
That where factor having lien the goods
in his hands, has made advances for his principal,
and has become liable for him upon drafts, and
| Otnef contracts, ana Dotn parties Iall, the goods
upon which the lien was held, and the proceeds
! thereof are to be applied, first to the payment of
the cash advances made by the factor, and next to
payment pro rata, of the outstanding debts of the
principal for which the factor had become liable
and to which the lien applied.
DETAILS ABOUT THE HUNGAKGAN.-The Yarmouth
| IN. S. Tribune, Feb. 29th has two columns of
items about the hungarian. For three or four
days some four hundred boat were out in search of
bodies and the scattered portions of the freight
nf
in the lower hold, or lying in the hollows of the
ledge beneath. Innumerabe fragments of the
wreck strewed the beach on Fish Island The
erew-list showed Y, exclusive of the captain; 16
being seamen engineers, 20 iremen and Il walters
The captains name was Thomas Jones, and the
registered tonnage of the ship was 1887. Among
the articles found a hat-box, marked 81.
| Bottenhouse Sackville n. b." a carpet-bag con-
tanning a set of teeth and letters addressed to Dr.
Z. Barrett, large osier basket containing female
apparel-the most noticeable portion of which was
| blue Coburg dress and new pair of cloth boots
A white envelope found in the pocket of one of the
| dresses had written on it, "Thomas Rice, ESQ,
Solicitor, termoy," and a scrap of paper found in
another pocket bears the address," Catherine
Mahoney, No. Sturgis Place, Boston, ''-probaby
the name of some friend of the owner of the basket
Floating near the shore, the editor of the Tribune
who went off in boat, found copy of newspaper
called the Hishmdn, and two copies rof the LOndor
Times, dated respectively the 18th and 8th February
and addressed to ''Messrs. Jno Clark & Co. Boston
Courier, Boston, Mass" On the southern coast O
Cape Island, one individual picked up case con
tanning handsomely carved ivory crucifx, anc
various ornaments for the interior of a Catholic
chapel. The Tribune says-"Either to incredible
folly or rashness the loss of the Hungarian may
safely be ascribed.'
The Charleston papers confirm the statement tina
SO day will be the established prices for board
the hotels of that city during the holding of the
Democratic National Convention.
A petition has gone before the Rhode Island Gen
eral Assembly, praying for restoration of the
death penalty for murder.