Elementary symmetric polynomials can be thought of as derivative polynomials of $E_n(x)=\prod_{i=1,\ldots,n} x_i$. Their associated hyperbolicity cones give a natural sequence of relaxations for $\Re^n_+$. We establish a recursive structure for these cones, namely, that the coordinate projections of these cones are themselves hyperbolicity cones associated with elementary symmetric polynomials. As a consequence of this recursion, we give an alternative characterization of these cones, and give an algebraic characterization for one particular dual cone associated with $E_{n-1}(x)=\sum_{1 \leq i \leq n} \prod_{j \neq i} x_j$ together with its self-concordant barrier functional.