Question

why was the king's offer not accepted the last bargain

Answer 1

Because the poet realised that money cannot give him happiness. When the old man was counting the gold coins, the speaker realised that once the money would be finished. He would again be out of work. Hence he turned away the bargain.

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Answer 2

The King’s Proposal...

The first offer came from a king early in the morning. He had more power than wealth. He offered the man his power in return for the man’s labour. The man, however, felt that the king’s might was not worth much. So he refused the king’s offer.

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