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Paul the Peddler, or the Fortunes of a Young Street Merchant by Horatio Alger
page 21 of 214 (09%)
courage of buyers, while Paul's inducements were so far inferior that he
found himself wholly distanced.

"Don't you wish you'd gone pardners with me?" asked Teddy, with a
triumphant grin, noticing Paul's look of discomfiture. "You can't do
business alongside of me."

"You can't make any money giving such big prizes," said Paul. "You
haven't taken in as much as you've given yet."

"All right," said Teddy. "I'm satisfied if you are. Have a package,
Jim?"

"Yes," said Jim. "Mind you give me a good prize."

The package was bought, and, on being opened, proved to contain fifty
cents also, to Paul's great amazement. How Teddy's business could pay,
as it was managed, he could not comprehend. One thing was certain,
however, his new competitor monopolized the trade, and for two hours
Paul did not get a solitary customer.

"There's something about this I don't understand," he pondered,
thoughtfully. "He must lose money; but he's spoiled my trade."

Paul did not like to give up his beat, but he found himself compelled
to. Accordingly he took his basket, and moved off toward Wall street.
Here he was able to start in business without competitors, and succeeded
in selling quite a number of packages, until a boy came up, and said:

"There's a feller up at the post office that's givin' fifty-cent prizes.
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