Experts had to decide, whether the quality tendered was up to the guarantee.--These experts were appointed by the law, in accordance with the proposals of the parties concerned. The cotton trade followed, in olden days, this same procedure, but the weak point, was the verdict of the experts, because there were no experts in Germany outside Bremen, and no party could forecast the likely result of the verdict. A far worse consequence of the Law Conditions was for the cotton trade, the fact, that the law made no difference, whether the goods differed much or little from the stipulated quality. In both cases, the buyer had the right to place the goods at the disposal of the seller. The result of this, was most damaging to the Trade, sometimes, the sellers had the worst of it, sometimes the buyers. A few examples taken from actual experience will best explain this: Extracts from business letters of past years. We have received to-day your 100 bales of cotton, but find the quality not up to our expectations. You have to deliver us middlingfair, but the cotton is hardly goodmiddling. We cannot use the cotton, as it is unsuitable for our hosiery yarns. We place the 100 bales at your disposal. * * * * * We insist upon your taking delivery of the 100 bales. The quality is perfectly correct, you can ask any expert in Bremen about it. * * * * * We have nothing to do with your Bremen Experts, if need be, our local experts will decide. We have no doubt that you know the law on this point. The fact remains, that we place the 100 bales at your disposal. * * * * * Your intention to place the 100 bales at our disposal is caused, no doubt, by the fall in prices. We know very well that if it comes to law, experts will decide, who know nothing about it, moreover, the verdict will only be given after many months. This is unbearable; what allowances do you want? * * * * * If you wish us to use the cotton, we demand an allowance of.... * * * * * Your demand is preposterous, but we have to agree to it, as we cannot help ourselves. We prefer not to make you any offers in future. * * * * * I am sorry to inform you, that the 100 bales are not equal to the sample, consequently, I place the cotton at your disposal. * * * * * The buying sample has been taken from the actual bales delivered, a difference in the quality is quite impossible. We insist upon your keeping the 100 bales. * * * * * I am sending you a few samples of the delivered cotton, any child can see that they are different from the buying sample.