The San Francisco call., 1898-06-26
Papworth Hall. Cambridgeshire.

Papworth Hall, Cambridgeshire.
 MT. Hooley, in this apparently vain- glorious description, was really under estimating his own territorial and per sonal titles to glory. He might have added that he was owner of many of the greatest historical estates in Eng land, of the Prince of Wales former yacht Britannia, of the Earl of Lons- dale's schooner yacht Verita, of the for mer Travellers Club in London, and ex-owner of untold millions in stocks and bonds and good, hard, glittering gold.
 Only last November Hooley volun- teered to float a loan of e17000,00 for the Spanish Government. Meanwhile he had been engaged for some time in floating a loan of even greater magni- tude for the Celestial empire.
 People even then shook their heads and said that he was in deep water. The capitals of the companies floated by him aggregate from sixty to sixty five millions of dollars. The shares of these companies, taken as a whole, had depreciated more than 40 per cent since their flotation. To-day the inevitable has happened. MT. Hooley is a bank rupt.
 There is hardly any more sensational chapter in financial history than MT. HooleyS rise from nothing into opu- lence and his decline back from opu- lence to possible nothing.
 Not even Barney Barnato offers an effective parallel. Fact must yield to fiction in the hunt for a comparison. Aladdin of the Eastern fairy tales is the closest approximation to Hooleys his tory.
 Hooley, indeed, seemed to have pos session of Aladdil-' s famous lamp. What he wished was instantly captured out of chaos into reality. He not only ac- Quired for himself lordly pleasure houses in town and country but also every pleasure house that his eye fell upon, no matter how splendid the name with which it had been associated. Had any evil genius suggested to him that he needed roc's egg as the capstone and climax of his wishes that evil gen. jus would have been baffied by the in- stant acquisition of the biggest roc's egg in the universe.
 And to-day he is bankrupt!
 MT. Hooley is comparatively young tnan. still on the sunny side of 40. He was born in Derbyshire some thirty nine years ago. Since he was four years of age he has resided in liking ton.
 That Is why, he explained to re- porter, T wish to represent it in Par liament. I left school when I was 1S years old. and when I was at school l had to walk eight miles a day. I be- gan life early, but I was born under a lucky star, though have seen as much misery and poverty as any man liv- ing" and he closed with the altruistic sentiment that his own aim in future would be ''to tighten poverty if I can
 Discovering poverty in China and in Spain. was 1t with this aim that he bent his energies to abolish it? But dc not let us trifle at the expense of a noble-hearted man, who has himself told us that although in the abstract he is fond of sport, the mere sight of a broken winged bird or maimed rabbit brings tears to his eyes and bleeding paia to his heart
 This noble altruist first became kntwn to his native country as a suc- ces4Sul lace manufacturer at Noting ham But pent up Nottingham proved too &Hrrow to confine his powers Having achieved respectable com petencyI which he himself looked upon with scaMe respect, his next move was naturally % Capel Court, the London