The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1898-11-27
MAN AND HIS VICTIM.


Hooley was and is a tall. dark man,
with head square at the top. a black
Vandyke beard trimmed close, and
dark. piercing eyes. People who asso-
c!ated with him considered him insult
ferably vulgar. and some referred to
him as that "beastly little black man"
His manners We're loud and common,
but there was no disputing his enor-
nous energy and cheek. All he needed
to obtain possession Of a man was an
Introduction. If he knew by sight
person with whom he wished to do
business II was impossible for that per-
son to escape him.
In short space OF time Hooley's
name was in every ones mouth. He
scared upward like a rocket, and there
were not wanting those who from the
first muttered something about falling
like a stick. His wonderful success was
the result of a combination of circum-
stances, the most important of which
was the fact that his appearance coin
cided with the great boom in the cycle
industry. Neither his audacity nor his
guinea pig directors could have made
him had ne not arrived at the psyche
logical moment.
At that time. four years ago. the cycle
boom was at its height, and the Dunlop
Pneumatic Tire company was doing
roaring business and was in good finan-
cial standing. Dunlop, 1t Will be re-
membered. got the idea of the tire from
seeing piece of garden hose and a ol-
cycle in close proximity upon a lawn
Ha-Dut two and two together and the
pneumatic tire was born.
Hooley practically called at the Of
fee of this company and said. HOW
much will you sell out for?" They
didn't know Hooley, but naturally
they had their price and they replied,
"SI0 00O. 000''
IAN right" said Hooley. Put that
IN writing and give me an option upon
this concern for a week"
With this option in his pocket, Hoo
ley rushed around in Capel court and
talked pneumatic. tire to every one he
knew or could meet. His favorite
place of business was some cafe or
restaurant. He often said that his
Office was in his hat. All the chop
houses in the vicinity of the Bank Of
England resounded with Information
about the millions of pounds that were
TO be made in the pneumatic tire bus
mess. 1t was Hooley who was talking
Every one was struck with the audac-
ity of the scheme which far exceeded
anything previously shown in the his
tory of cycle company finance.
In three days he had raised the $10,
000.oo0 and bought out the company.
In three more days he had sold X TO
the public for $50, 000. 000 apparently
making a profit for himself Of S10,0o0.-
000.
In this concern he was assisted by
the Earl Of Albemarle. TO whom ne
says he paid $3.50 as a bride or tip
for his services; the Earl of De La
War;, who received S1S5. 000 and other
minor noblemen. The Dunlop compa-
ny has paid dividends. but its shares
are now quoted at so cents on the dol
lar. In other words, the water that
Hooley put into 1t has poured out
The sic 000 that Hooley and his as
soclates pocketed was dead loss TO
those who bought the stock.
The magnificent prices that Hooley
was paying for noblemen made him
much sought by the blue-blooded. II
was reported that he had millions of
pounds at his disposal and that he
was willing to purchase half the no.
blemen in England for use in his COM
panies. He must have a different line
OF peers for each corporation to make