M`KEAN, Chief Justice.
This is an action of very considerable importance, not only as it affects the present parties, but as it affects every holder, drawer, or indorsor of a bill of exchange. The honor and justice of the State are, indeed, likewise interested, that the decision should be conformably to the general mercantile law of nations, left a deviation should be imputed to our ignorance, or disrespect, of what is right and proper. It should be remembered too...
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