He succeeded in doing so, but Mr. Woodward, the man for whom he worked, had all the benefit of his work.

But at last Peter's apprenticeship was over.

Much to his surprise Mr. Woodward one day called him into his office.

"You have been very faithful," he said, "and I will set you up in a carriage manufactory of your own.

"You could pay me back the money borrowed in a few years."

This was a remarkable offer for a poor young man.

But Peter had made it a solemn rule of his life never to go in debt.

So he thanked Mr. Woodward very earnestly, but declined his offer.

It was then Mr. Woodward's turn to be astonished.

But he knew Peter was right, and respected his good judgment in the matter.