Cheap Jacks

or johns , oratorical hucksters and patterers of hardware, who put an article up at a high price, and then cheapen it by degrees, indulging all the time in volleys of coarse wit, until it becomes to all appearance a bargain, and as such it is bought by one of the crowd. The popular idea is that the inverse method of auctioneering saves them paying for the auction licence.—See dutch auction.