Middlebury register. (Middlebury, Vt.) 1886-1937, 1896-12-11

broad light of plutocratic publicity in an
amazingly short time and every few days
the British public gasp with wonder at a
new story of how Hooley has made anoth-
er million or so.
Not by manipulating mining stocks has
HoOley amassed his millions His money
is made in n much more legitimate man.
ner. Bicycles and patent foods are his
specialties He is promoter of companies,
a boomer of stocks a reOrganZer. He
calls himself "rehabilitatorn and even
producer. " He doesn't engineer corners
or pools, wreck corporations or float none
tary bubbles which burst and leave every
one but himself out of pocket On the
contrary, those who are fortunate enough
to be in with Hooley on deal make a
good profit on their Investment They are
sure, too, for he has never had hand in a
losing venture yet. No wonder he is the
most popular man in England and as much
sought after us if he were n prince of royal
blood.
Mr.. Hooley makes no mystery of his
movements. He is willing to tell anybody
how to make a fortune. His method is
simple He just goes out and buys up a
corporation whose shares have dropped far
below par Then he proceeds to build up
style, advertises lavishly, reorganizes the
concern from top to bottom, puts new blood
into every department, and then, when the
stock has been boosted way up, he unloads
pockets his profit of million or more and
turns his attention to some new venture
Could anything he simpler?
OF course it takes capital to do these
things, and IA capital is exactly what
Hooley is "long' on. Besides his own
millions, which have increased so fast
lately that it is doubtful if even Hooloy
himself has kept track of them, he is
backed by a syndicate of capitalists who
have perfect faith in his Judgment and
are willing TO let him bring them in big
dividends after his own peculiar style
Mr.. Hooley Indignantly denies that he
is a self made millionaire. His father was
well to do lace manufacturer of Noting
ham, and when he was 20 he inherited
$175, 0O0 He started in as a stock broker
in his native town, and his operations
were so successful that he won the conf
dence of number of wealthy men, He
persuaded them to form a syndicate and
let him manage big enterprise. On the
first company which he reorganized no
made s 500, 600. The next enterprise net
ted him $4,000, 600. Altogether he has
made $50, 900, 600 out of rehabilitating BIZ
cycle companies He bought Humber
shares for . p and drove them up to 2412
before he sold His greatest deal was with
the Dunlop Tire company. He bought it
outright for Sl5, 600, 600 and sold it for
$25, 600, 0OO His latest purchase is the
Bovril company, for which he gave So
600, 600. Already his fine hand is evident
in the management of this concern The
ic o1x soI In
tional manner and the stocks are on the
jump. There are days when Mr.. Hooley
can watch the stock ticker and see himself
growing richer mt the rate of several thou
sand dollars il minute
But most remarkably of all his doings is
the manner in which he has been buying
land. Every week he buys up an old
estate or SO. He has now secured about 65
of them including IA dozen Of the oldest
and most prominent of the great landed
estates, and if he keeps on ho will soon
own big slice of England.
AS a land grabber he is rivaling the
Duke of Westminster, who has rent roll
as long rs the Armenian petition.
And yet MIR Hooley is IA young man,
being just pf t 30. He Is u frank, modest
talking man and gives himself no airs, al
though it can hardly be said that he lives
In an unOstentatiOus fashion, for he occu-
pies the whole first floor of the Midland
Grand hotel for which he pays 81 900 n
week There he is besieged all day long
by an army of inventors, promoters, land
owners and other people who profess TO be
anxious to help him make few more
millions. He has no offices and no clerks,
but attends to all his business himself.
Toward clerks he has "a special antipathy,
which he never fails to ventilate when he
talks to reporters.
"A man with clerks, says Hooley, "is
a man with secrets, Now, | have no Sc
crets, and so l need no clerks l have no
secrets because my business is an honest
one. l say that promoter is as much en-
titled to his profits AS man in any other
business. When a farmer buys IA COW, cuts
1t up and sells it at higher rate, he is en-
titled to make what he can. So am
when buy "a company. l make an abso-
Lutte rule never to take up but one COM
pany at a time and never to leave 1t until
1t is on its legs "
Such is the business philosophy Of the
man who is making more money and
making it faster than any one else in
England. MARX NORRIS