Besides the modes of trading on borrowed capital above described, there is still another means of obtaining stock prevalent among the London costermongers. It is a common practice with some of the more provident costermongers, who buy more largely--for the sake of buying cheaply--than is required for the supply of their own customers, to place goods in the hands of young men who are unable to buy goods on their own account, “on half profits,” as it is called. The man adopting this means of doing a more extensive business, says to any poor fellow willing to work on those terms, “Here’s a barrow of vegetables to carry round, and the profit on them will be 2_s._; you sell them, and half is for yourself.” The man sells them accordingly; if however he fail to realize the 2_s._ anticipated profit, his employer must still be paid 1_s._, even if the “seller” prove that only 13_d._ was cleared; so that the costermonger capitalist, as he may be described, is always, to use the words of one of my informants, “on the profitable side of the hedge.”

Boys are less frequently employed on half-profits than young men; and I am assured that instances of these young men wronging their employers are hardly ever known.

London Labour and the London Poor (Vol. 1 of 4) — Part 66

OF THE BOYS OF THE COSTERMONGERS, AND THEIR BUNTS.

London Labour and the London Poor (Vol. 1 of 4) — Part 66

But there are still other “agents” among the costermongers, and these are the “boys” deputed to sell a man’s goods for a certain sum, all over that amount being the boys’ profit or “bunts.” Almost every costermonger who trades through the streets with his barrow is accompanied by a boy. The ages of these lads vary from ten to sixteen, there are few above sixteen, for the lads think it is then high time for them to start on their own account. These boys are useful to the man in “calling,” their shrill voices being often more audible than the loudest pitch of an adult’s lungs. Many persons, moreover, I am assured, prefer buying of a boy, believing that if the lad did not succeed in selling his goods he would be knocked about when he got home; others think that they are safer in a boy’s hands, and less likely to be cheated; these, however, are equally mistaken notions. The boys also are useful in pushing at the barrow, or in drawing it along by tugging at a rope in front. Some of them are the sons of the costermongers; some go round to the costermongers’ abodes and say: “Will you want me to-morrow?” “Shall I come and give you a lift?” The parents of the lads thus at large are, when they _have_ parents, either unable to support them, or, if able, prefer putting their money to other uses, (such as drinking); and so the lads have to look out for themselves, or, as they say, “pick up a few halfpence and a bit of grub as we can.” Such lads, however, are the smallest class of costermongering youths; and are sometimes called “cas’alty boys,” or “nippers.”

London Labour and the London Poor (Vol. 1 of 4) — Part 66