The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1898-08-21
HoOLEY,s NAME SETTLED 1T.
Capitalists Brought TO Time by Show
ing Letter from the Promoter.

Cleveland Plain Dealer.
w. j. Hilands sat on his porch on Euclid
avenue yesterday afternoon and talked
about his friend, Ernest T. Hooley. the
London promoter
"Hooley will come out all right and with
in the next six months too" said Mr.. Hill
ands. He is not dead cock in the pit
by any means. Only a day or so ago | had
a letter from Dobson, his private secretary.
who said that after everything was paid
up Hooley would still be worth sl5OOOOO,
perhaps $2,OO0,0O0. That's more than enough
for man of his ability to start in with to
make another big fortune. OF course it is
nothing to what he once had. They used to
quote him at $4,000, COO, and from what /
know that sum is not far out of the way.
made his acquaintance in peculiar
way" continued Mr.. Hilands I'VE had Sc
cured the European rights for rubber
tire for baby buggies and the like and had
placed the sale of these rights in the hands
of a firm of London brokers. They were so
very slow in the matter that our option
was in danger of running cut before any
thing was done. So had It extended for a
short time and went over to London to look
after the affair myself. i found our agents
excellent people but additionally English
in their conversation.
Il looked over the situation and
thought that if I could get Hooley inter
ested all would go well. But how could 1
reach him? Unless you had made arrange
ments you could not get beyond the boys
who stood on guard. But / was not to be pur
OFF in that way. When one boy was parley
ing with me | slipped past into the secre-
fellow who told me, however, that it would
be impossible for me to see Mr.. Hooley.
talked with him for about half an hour.
outlining the plan of our patent. | told
him that if could not make it appear
good thing to Mr.. Hooley in ten minutes
would not bother him any more Upon
this agreement the secretary went in to his
chief and brought back an answer that
Hooley would give me just fifteen minutes.
Then | was shown into another room where
Hooley soon met me.
About the first thing he said to me was:
You wrote me cOngratulatory letter after
had formed the Dunlop Tire Company, did
You not, saying 1t was the greatest financial
achievement of modern times? ] said Yes
I thought So added Mr.. Hooley: I remem-
Der the name Then he plunged into bus
mess, and instead of giving me a quarter
of an hour. it was fifty minutes before he
bade me goodbye. And then it was only
TO make 3nother ARRANGEMENT with me for
the next day. That time he did me a great
favor. He wrote me a letter with his own
hands-he didn't dictate it. This letter was
to Lawson, the authority on horseless car
riages and man of great wealth. Mr.
Hooley told him of this company of ours
and said if Lawson would take one-half
the stock he would take the rest Now
said Hooley. with smile. take this letter
and show ii to your brokers and I think Ii
will bring about what you want. If Il
ed. and know Lawson will follow. / think
it is good thing, but 1t Is rather small for
me to fioat''
s.sFhen went down to our brokers' told
them that had got tired of their slow ways
and had made arrangements for the sale of
the rights on my own account. They smiled
loftily and said that other Americans had
triad the same bluff game upon Them and it
wouldn't work. They added, however that
there was to be meeting that afternoon
of the men who lad been thinking Of going
into the deal, and that, if / wished, / could
go before them and tell them what / had
Just said. had Hooleys letter in my peck
ct all the time. but had not shown Il.
THE men in the meeting were not dis
posed to place any greater credit in my
story. but ! was firm ! told them that
they must decide at once, because I had
another purchaser. At this there was
general smile. for they knew / had been in
London but four days. Who is the man p
they asked declined to tell them. but said
that / would give the information TO our
brokers'. in whom they had the greatest
confidence. II these brokers said l was
right in my statement then they would be-
lieve II also. l took one OF the brokers into
a side room and handed him Hooley's let
Ter. lit almost Knocked him eDeechleSS He