CHAPTER I

Produced by Charles Keller and David Widger

PAUL THE PEDDLER,

OR THE FORTUNES OF A YOUNG STREET MERCHANT

By Horatio Alger, Jr.

BIOGRAPHY AND BIBLIOGRAPHY

Horatio Alger, Jr., an author who lived among and for boys and himself

remained a boy in heart and association till death, was born at Revere,

Mass., January 13, 1834. He was the son of a clergyman, was graduated

at Harvard College in 1852, and at its Divinity School in 1860 and was

pastor of the Unitarian Church at Brewster, Mass., in 1862-66.

In the latter year he settled in New York and began drawing public

attention to the condition and needs of street boys. He mingled with

them, gained their confidence showed a personal concern in their

affairs, and stimulated them to honest and useful living. With his first

story he won the hearts of all red-blooded boys everywhere, and of the

seventy or more that followed over a million copies were sold during the

author's lifetime.

In his later life he was in appearance a short, stout, bald-headed man,

with cordial manners and whimsical views of things that amused all who

met him. He died at Natick, Mass., July 18, 1899.

Mr. Alger's stories are as popular now as when first published, because

they treat of real live boys who were always up and about--just like

the boys found everywhere to-day. They are pure in tone and inspiring

in influence, and many reforms in the juvenile life of New York may be

traced to them. Among the best known are:

Strong and Steady; Strive and Succeed; Try and Trust; Bound to Rise;

Risen from the Ranks; Herbert Carter's Legacy; Brave and Bold; Jack's

Ward; Shifting for Himself; Wait and Hope; Paul the Peddler; Phil

the Fiddler; Slow and Sure; Julius the Street Boy; Tom the Bootblack;

Struggling Upward, Facing the World; The Cash Boy; Making His Way; Tony

the Tramp; Joe's Luck; Do and Dare; Only an Irish Boy; Sink or Swim;

A Cousin's Conspiracy; Andy Gordon; Bob Burton; Harry Vane; Hector's

Inheritance; Mark Mason's Triumph; Sam's Chance; The Telegraph Boy; The

Young Adventurer; The Young Outlaw; The Young Salesman, and Luke Walton.

PAUL THE PEDDLER

CHAPTER I

PAUL THE PEDDLER

“Here's your prize packages! Only five cents! Money prize in every

package! Walk up, gentlemen, and try your luck!”

The speaker, a boy of fourteen, stood in front of the shabby brick

building, on Nassau street, which has served for many years as the New

York post office. In front of him, as he stood with his back to the

building, was a small basket, filled with ordinary letter envelopes,

each labeled “Prize Package.”

His attractive announcement, which, at that time, had also the merit of

novelty--for Paul had himself hit upon the idea, and manufactured the

packages, as we shall hereafter explain--drew around him a miscellaneous

crowd, composed chiefly of boys.

“What's in the packages, Johnny?” asked a bootblack, with his box

strapped to his back.

“Candy,” answered Paul. “Buy one. Only five cents.”

“There ain't much candy,” answered the bootblack, with a disparaging

glance.

“What if there isn't? There's a prize.”

“How big a prize?”

“There's a ten-cent stamp in some of 'em. All have got something in

'em.”

Influenced by this representation, the bootblack drew out a five-cent

piece, and said:

“Pitch one over then. I guess I can stand it.” An envelope was at once

handed him.

“Open it, Johnny,” said a newsboy at his side. Twenty curious eyes were

fixed upon him as he opened the package. He drew out rather a scanty

supply of candy, and then turning to Paul, with a look of indignation,

said:

“Where's the prize? I don't see no prize. Give me back my five cents.”

“Give it to me. I'll show you,” said the young merchant.

He thrust in his finger, and drew out a square bit of paper, on which

was written--One Cent.

“There's your prize,” he added, drawing a penny from his pocket.

“It ain't much of a prize,” said the buyer. “Where's your ten cents?”

“I didn't say I put ten cents into every package,” answered Paul.

“I'd burst up pretty quick if I did that. Who'll have another package?

Only five cents!”

Curiosity and taste for speculation are as prevalent among children as

with men, so this appeal produced its effect.

“Give me a package,” said Teddy O'Brien, a newsboy, stretching out a

dirty hand, containing the stipulated sum. He also was watched curiously

as he opened the package. He drew out a paper bearing the words--Two

Cents.

“Bully for you, Teddy! You've had better luck than I,” said the

bootblack.

The check was duly honored, and Teddy seemed satisfied, though

the amount of candy he received probably could not have cost over

half-a-cent. Still, he had drawn twice as large a prize as the first

buyer, and that was satisfactory.

“Who'll take the next?” asked Paul, in a businesslike manner. “Maybe

there's ten cents in this package. That's where you double your money.

Walk up, gentlemen. Only five cents!”

Three more responded to this invitation, one drawing a prize of two

cents, the other two of one cent each. Just then, as it seemed doubtful

whether any more would be purchased by those present, a young man,

employed in a Wall street house, came out of the post office.

“What have you got here?” he asked, pausing.

“Prize packages of candy! Money prize in every package! Only five

cents!”

“Give me one, then. I never drew a prize in my life.”

The exchange was speedily made.

“I don't see any prize,” he said, opening it.

“It's on a bit of paper, mister,” said Teddy, nearly as much interested

as if it had been his own purchase.

“Oh, yes, I see. Well, I'm in luck. Ten cents!”

“Ten cents!” exclaimed several of the less fortunate buyers, with a

shade of envy.

“Here's your prize, mister,” said Paul, drawing out a ten-cent stamp

from his vest pocket.

“Well, Johnny, you do things on the square, that's a fact. Just keep the

ten cents, and give me two more packages.”

This Paul did with alacrity; but the Wall street clerk's luck was at an

end. He got two prizes of a penny each.

“Well,” he said, “I'm not much out of pocket. I've bought three

packages, and it's only cost me three cents.”

The ten-cent prize produced a favorable effect on the business of the

young peddler. Five more packages were bought, and the contents eagerly

inspected; but no other large prize appeared. Two cents was the maximum

prize drawn. Their curiosity being satisfied, the crowd dispersed;

but it was not long before another gathered. In fact, Paul had shown

excellent judgment in selecting the front of the post office as his

place of business. Hundreds passed in and out every hour, besides those

who passed by on a different destination. Thus many ears caught the

young peddler's cry--“Prize packages! Only five cents apiece!”--and

made a purchase; most from curiosity, but some few attracted by the

businesslike bearing of the young merchant, and willing to encourage

him in his efforts to make a living. These last, as well as some of the

former class, declined to accept the prizes, so that these were so much

gain to Paul.

At length but one package remained, and this Paul was some time getting

rid of. At last a gentleman came up, holding a little boy of seven by

the hand.

“Oh, buy me the package, papa?” he said, drawing his father's attention.

“What is there in it, boy?” asked the gentleman.

“Candy,” was the answer.

Alfred, for this was the little boy's name, renewed his entreaties,

having, like most boys, a taste for candy.

“There it is, Alfred,” said his father, handing the package to his

little son.

“There's a prize inside,” said Paul, seeing that they were about to

pass.

“We must look for the prize by all means,” said the gentleman. “What is

this? One cent?”

“Yes sir”; and Paul held out a cent to his customer.

“Never mind about that! You may keep the prize.”

“I want it, pa,” interposed Alfred, with his mouth full of candy.

“I'll give you another,” said his father, still declining to accept the

proffered prize.

Paul now found himself in the enviable position of one who, at eleven

o'clock, had succeeded in disposing of his entire stock in trade, and

that at an excellent profit, as we soon shall see. Business had been

more brisk with him than with many merchants on a larger scale, who

sometimes keep open their shops all day without taking in enough to pay

expenses. But, then, it is to be considered that in Paul's case expenses

were not a formidable item. He had no rent to pay, for one thing,

nor clerk hire, being competent to attend to his entire business

single-handed. All his expense, in fact, was the first cost of his stock

in trade, and he had so fixed his prices as to insure a good profit on

that. So, on the whole, Paul felt very well satisfied at the result

of his experiment, for this was his first day in the prize-package

business.

“I guess I'll go home,” he said to himself. “Mother'll want to know how

I made out.” He turned up Nassau street, and had reached the corner of

Maiden lane, when Teddy O'Brien met him.

“Did you sell out, Johnny?” he asked.

“Yes,” answered Paul.

“How many packages did you have?”

“Fifty.”

“That's bully. How much you made?”

“I can't tell yet. I haven't counted up,” said Paul.

“It's better'n sellin' papers, I'll bet. I've only made thirty cents the

day. Don't you want to take a partner, Johnny?”

“No, I don't think I do,” said Paul, who had good reason to doubt

whether such a step would be to his advantage.

“Then I'll go in for myself,” said Teddy, somewhat displeased at the

refusal.

“Go ahead! There's nobody to stop you,” said Paul.

“I'd rather go in with you,” said Teddy, feeling that there would be

some trouble in making the prize packages, but influenced still more by

the knowledge that he had not capital enough to start in the business

alone.

“No,” said Paul, positively; “I don't want any partner. I can do well

enough alone.”

He was not surprised at Teddy's application. Street boys are as

enterprising, and have as sharp eyes for business as their elders, and

no one among them can monopolize a profitable business long. This is

especially the case with the young street merchant. When one has had

the good luck to find some attractive article which promises to sell

briskly, he takes every care to hide the source of his supply from his

rivals in trade. But this is almost impossible. Cases are frequent where

such boys are subjected to the closest espionage, their steps being

dogged for hours by boys who think they have found a good thing and are

determined to share it. In the present case Paul had hit upon an idea

which seemed to promise well, and he was determined to keep it to

himself as long as possible. As soon as he was subjected to competition

and rivalry his gains would probably diminish.

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