(after stating the facts as above). Appellant bank presses the contention that, as to the joint account of Humphrey and his wife, there never was a demand for closing such account and withdrawal of the sum therein credited, and that therefore no cause of action accrued to Humphrey against the bank, and that there was no demand with respeet to the account of the two sons.
The substance of Humphrey’s testimony was that in August, and November, 1914, and about June 12,1915, he made a demand for the payment of the whole sums represented in the several accounts, that a director in charge of the bank told him that a moratorium had been declared, and that he could have the usual amounts that he had been accustomed to use, but not the total sum represented by the accounts. Humphrey said that after June 12,1915, he had deposited coupons on German bonds and dividends on the bank’s shares. He could not recall all the different conversations with the bank officials, but testified that in August, 1914, the bank officials looked up his accounts, asked how much he had used, and told him that he should not take any securities out of Germany; that after the August demand he had left certain German and Hungarian securities in the bank for collection.
, Defendant.bank made.-no objection of any kind to the testimony of plaintiff, and called no officer or representative of the bank to refute what Humphrey said. The 'bank, however, endeavors to break the force of Humphrey’s evidence by reference to certain correspondence between Humphrey and the bank. It is unnecessary to set out these writings, but for convenience they may be placed in three groups: Letters exchanged before June 12, 1915; a letter written by the bank to Humphrey on June 12, 1915; and letters that were exchanged after June 12,1915. Those exchanged before June 12th referred to deposits, interest accumulations, and to collections of bonds by the bank for the account' of Humphrey. We can infer nothing more from them than that Humphrey was carrying on, and then apparently expected to continue, relations with the bank. The letter of June 12, 1915, from the bank, addressed to Humphrey at Yevey, Switzerland, contained advices to Humphrey that upon that day the bank had received from Geneva and redeemed a certain deposit certificate of the writing bank for 41,000 marks, and would render interest statement together with semiannual statement as per June 30th. We do not find anything in the letter that is inconsistent with the testimony of Humphrey that upon that day he was in Nürnberg and made a demand for all his funds. The bank, in ordinary course of business, might have formally written to Humphrey of the transaction referred to in the letter, either before or after his visit to the bank. The letters that were dated and exchanged after June 12th also, impress us as ordinary correspondence pertaining to banking transactions; one directed the bank to pay certain costs of insuring and sending bonds to the Berlin bank (defendant bank’s associate), another referred to a contemplated loan, with request for statements, and in one Humphrey asked for the assent of the bank to his drawing money from the bank’s funds held by the Alien Property Custodian in the United States. In weighing the several letters in connection with Humphrey’s oral testimony, we may look in retrospect and consider the history of the times, the unusual conditions which prevailed in Germany about and after August 1, 1914, the serious situation which then surrounded Humphrey which may have influenced his actions.
We attach no significance to the fact that Humphrey’s demand was oral. The bank having told the depositor that it availed itself of the privilege which usually goes with a moratorium, should not now be heard *333to say that because the demand was not in writing it can avoid recognition of the obligation.
Recurring to the account standing in the names of the two sons, we think it clear that Humphrey himself had control of the account during his lifetime, and that his attitude of control was made plain in December, 1913, when he wrote to the bank, saying the funds were “only drawable by me,” but by Mrs. Humphrey in case of his death. Furthermore, as showing that the bank understood Ms letter, there are the accounts rendered by the bank, exhibiting the aggregate of the balance of the two accounts in one statement. It is true that in December, 1922, the two boys and their father made a verified petition in the way of a claim to the Secretary of State for 23,683 marks, as of April, 1917, as solo owners of the funds claimed, deposited to their order. Humphrey’s explanation of this is that he had previously asserted his claim for all the money involved in this suit, and that the funds were always Ms and never belonged to Ms children; that in order to get the claims filed with the Mixed Claims Commission by January 1, 1924, he and his wife had signed the claims whieh were filed. There was no attempt to change the legal status or to repudiate the theretofore asserted claim of ownership, by the father, and in onr opimon it would be very unjust to construe the petition as estopping him from asserting the true ownership.
It is said that the amount represented by the account standing in the names of the boys was not filed with the Alien Property Custodian, and that no notice thereof was given to the President. But the stipulated facts are that all the sums deposited in either of the accounts mentioned in the preceding paragraph of the statement wore made by plaintiff from moneys wMch before they wore deposited were the sole property of -the plaintiff or of the plaintiff and his wife; also that about October 15, 1918, this plaintiff filed with the Alien Property Custodian of the United States Ms notice of claim in form as required by the Trading with the Enemy Act, claiming payment from funds deposited in the bank by the plaintiff, and that subsequently, about June 24, 1920, Humphrey made application to the President for the allowance of Ms claim, but that no action was taken then or thereafter by the President. Both accounts, one in the names of Humphrey and Ms wife, and the other in the names of the hoys, are attached to the statement of facts as exhibits, and the statement relates to the two. Our conclusion being that Humphrey is sole owner of the funds, we must decide what interest he should be allowed.
It must be accepted that between the date of Humphrey’s demand, June 12, 1915, and June 30, 1917, when the German custodian took Ms money, the bank could and should have paid him. But it failed to do so, as did it fail to authorize payment after October, 1919, when Humphrey wrote requesting assent to Ms drawing the money out of funds on hand with the Alien Property Custodian for payment of American claims. The argument that Humphrey was guilty of laches ought not to prevail, for he instituted tMs suit in July, 1921, which fact considered with the dates given in "the record, are evidence that ho moved with reasonable diligence in asserting his claim. Thus far, however, he has never received an offer by the bank to pay any sum. Under such circumstances, it is fair that he should be allowed interest at the rate agreed upon by Humphrey and the bank from June 12, 1915, when, the United States entered the war. Prom April 6, 1917, to July 3, 1919, all communication between the bank and Humphrey was cut off, and, as the lower court did not allow interest for that period, no question is presented upon the point. But after July 3, 1919, communication between the parties was available, although until July, 1921, a state of war between the United States and Germany still existed.
In Miller v. Robertson, 266 U. S. 243, 45 S. Ct. 73, 69 L. Ed. 265, a suit brought under section 9 of the Trading with the Enemy Act (Comp. St. 1918, Comp. St. Ann. Supp. 1919, § 3115%e), to establish a debt claimed to be owing by enemy defendants, the court said: “The proposition that the enemy defendants, as a matter of law, are entitled to be relieved from interest during the war, cannot bo sustained.” That statement, taken as the law generally, must rest as authority for sustaining the less comprehensive proposition involved in the present ease, that the enemy defendant, as a matter of law, cannot be relieved from interest after the cessation of the war and after July 3, 1919, the date when restrictions of intercourse between Germany and this country were removed. Robertson v. Miller (C. C. A.) 286 F. 503; Guinness v. Miller (D. C.) 291 F. 769.
The contract fixed no rate of interest after Humphrey made his demand and it was refused. The court therefore was justi*334fled in allowing interest by way. of damages as prescribed by the law of California. Equitable Trust Co. v. Western Pacific R. R. (D. C.) 244 F. 485; Robertson v. Miller (C. C. A.) 286 F. 503.
No doctrine of estoppel will be applied against Humphrey because of. the allegation in his complaint that a state of war existed from April 6, 1917, until July 2, 1921, and that during that period the bank was an alien enemy as defined by the Trading with the Enemy Act. As an averment of precise fact, that was accurate, and not in •conflict with the fact that peace was established July 3, 1919.. •
As already stated; the decree in favor •of-plaintiff was: based on the valúe of the Herman mark as of June 12, 1915. Upon this phase of the case our view is that the rule controlling the measure of Humphrey’s .recovery is based upon the proper- exchange .at. the time the demand-was made. Guinness v. Miller, supra. ' That was a suit under section 9 of the Trading with the Enemy Act, hy a citizen to recover a debt owed by a German on a stated account payable in •marks. Judge Learned Hand stated that the Only question was whether the.decree should be the value in dollars of the marks when the account was stated, or for their value as of 'the daté of the decree. In clear' terms he .pointed out that there is no sound basis for a distinction -between torts and 'contracts to pay fixed sums of money, and regarded thé ■form .of the obligation as one to indemnify the victim for his loss in terms of the money of the,foreign sovereign, saying “that obligation ' necessarily speaks as of the time when it aróse;' that is, when thé loss occurred.” Nor :in Dante v. Miniggio, 298 F. 845, 54 App. D. C. 386, 33 A. L. R. 1278, did the court give favorable consideration to the contention that in actions of toft the- rule differed from that on .contract. In Page v. Levenson (D. C.) 281 F. 555, Judge Rose, in-a carbfully considered opinion, also held to-the same general doctrine. Grunwald v. Freese, 4 Cal. Unrep. 182, 34 P. 73, is in harmony with the federal cases'.
The appellant, in criticism of some of the eases referred to in Guinness v. Miller, supra, and Page v. Levenson, supra, says that the judges who wrote did' not always discriminate' between' foreign debt contracted in a foreign country, payable in the foreign country, in .the currency of the foreign country, and unliquidated damages, whether arising out of contract or out of tort. We shall not ■enter into a detailed analysis of the cases bearing upon that suggestion further than to say that the recent decisions in actions brought in tort or contract, apply the principle that if a bank is under obligation to pay money, marks in Germany upon a demand of a depositor in Germany, it should have the marks and make the payment; if it fails, and the depositor - has to sue, the law Ought to ■give him just as much as he would have received if the contract had been lived up to. In The Verdi (D. C.) 268 F. 908, which was an action for damages for a collision'in New York, in 1915, between British'owned ships, some of the repairs being made in New York and some in England, January 1,1916, being taken as the date upon which all damages were ascertainable, the District Court decided that the damages should be determined by .taking the rate of exchange existing on January 1, 1916. The argument was that damages could not be determined until final decree, because the action sounded in tort, and that the rate of exchange then prevailing should be adopted. Judge Augustus Hand said that the ease was not one of transmitting pounds sterling to New York, but of finding-their equivalent in dollars on-January 1, 1916, and that could only-be done by employing the- rate of exchange prevalent at that date, and, as the initial damages weré calculated in pounds, they must be converted'into dollars at the par value of pounds at that time and place of payment. Judgment was based upon the- value in United States currency of thé equivalent of the foreign money on the date of the demand, rather than the date of the rendition of the judgl ment. ■ It follows that the District Court was right in decreeing thé date for establishing the.rate of exchange was the date the moneys should have been paid in Germany; that is, June 12, 1915. Story on Conflict of Laws (8th Ed.) 426; Hoppe v. Russo Asiatic Bank, 235 N. Y. 37, 138 N. E. 497; note to De Ferdinando v. Smits, 11 A. L. R. 363; note to The Celia, 20 A. L. R. 899; Guinness v. Miller (C. C. A.) 299 F. 538.
The decree is affirmed.