Tuesday, February 16, 2010

More greed tales

In the 1930's "REPS" would canvas gas stations promoting a board game consisting of slotted punch outs with numbers to pick. In exchange for a dime, you might win $1 to $20. The big prize was $100. All of these amounts were a lot of money back then, even the dime. If the merchant
was not too keen to pay the small fee for the boards, the reps would leave a free sample, and come back later, much later in order to set the hook. Because the merchant collected, say $4,
and payed out $2 or nothing at all, the hook was not only set but sticking out thru the cheek and nose, as the rep came to visit again, usually a week or two later. Most of them had pocketed say
$15 to $50 and payed out say 10 to 40%. After 2-4 months, they stopped worrying about the biggie-$100, Because they had profited $200-$300 already. The factor here was this money
was a large part of their profits in relation to gas, sodas, candy. One fine sunny day (timing is of the essence here.) a little kid or nice lady with a flowery hat and summer dress punched out the
$100! It happened that day to 63 stations which is $6300! Only 3 people divided it,as the reps weren't in on the game. What a set-up! Part of the plan was knowing the merchants would sooner or later talk to each other worrying about the big prize-clem down at possum trail had to pay the $100! What did he make? would always be the question, oh he made $372, so he still had $272-- so the fears were allayed until that one sunny day.

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