The times. [volume] (Richmond, Va.) 1890-1903, 1897-05-01
A NEW MONTY KING.

new money king has recently arisen
in England. His name is Ernest Terah
Hooley and they say he has made
600 in less than one year. He has
now become a world famous man and
London is at his feet. Two years ago
Hooley was a manufacturer of lace In
the antiquated town of Nottingham. He
was not a poor man and says that he
has always managed to make $1,000 or
$4,000 a year since he was twenty-one
wears of age He moved 10 London ana
took I'D his abode at Capel Court, the
London Wall street. We are not told
as TO whether or not he was a bicycle
crank. but at any rate he became inter-
ested in, pneumatic tires. He got his
eve on the Dunlop Pneumatic Company
and obtained an option on the proper
tv at the enormous price Of SlO.OOoOcO.
lie Immediately put himself In correspon-
dence with his rich friends, organized
a syndicate and closed out at S20'WoV".
nocke-ing 100000 for Hooley. There
was no "puncturc' in that deal. Nor
was il wind" deal. The deal has
turned out TO be a most profitable In
yestment for the syndicate even at the
price Of $4,000 900, and Hooley's friends
are all in love with him for having let
them in.
His next deal was with the Bovril
Company. Bovril is sort of beer eX-
tract which has been extensively adyer-
tised. Hooley obtained an option at
three DAYS for s2.5OO,OOO and closed out
next morning at S.OOO0oO.
lie made another deal in bicycle tubes
by which he cleared a round million for
himself.
This wonderful man has a charming
personality, loves a good dinner, enjoys
life to the utmost and has no ways that
are dark, but carries on all his opera
lions in the glare of publicity. lie has
none Of the proverbial slowness OF En-
gllshmen. but is as quick as lightning
it is said that no man has ever succeed
cd in finishing the phraseology Of pro-
position made TO Hooley. Hoolcy al
ways puts period into the middle OF
the sentence. tells the man then and
there whether or not he will accept the
proposition and what he says is hnaL
one Of his fads is TO collect throe-penny
bits with holes in them and 1t is sus-
pected that at some period in his life
this little coin has proven mascot to
Hooley. But that is the only small thing
that Hooley deals In. lie says that he
has always gone in for big deals. If
you 80 half way up the ladder you will
lind il crowded with competitors. If you
so to the top you have the field practi-
cally to yourself" In short Mr.. Hooley
sticks to the old-time motto that there
is always room at the top
Hooley has given out some mighty good
advice TO business men that is worth
studying. lie didn't get rich by luck He
wasn't wasting his time while living at
Nottingham. lie had been educating
himself for business in the school of ex-
perience. and he was a close student and
an interchangeable worker. lie SAYS that
he put in sixteen hours u day IN hard
work and never tried to drink, smoke
and work at the same time 1t
can't be done" says Hooley. Moreover
he went to bed at 10 o'clock and he
thinks that quite late enough. II you want
10 get up fresh and eager for business In
the morning II always Ike to be up
early" he adds. "and get little BIT
in front OF the other fellow. That's the
whole secret" says Hooley. ''Young
men knock of work at g. go TO the thea
tire. get 10 bed late and then wonder why
they DO Tot get on" That's not Hoo