Almost Certainly a Myth
I know, it’s more fun for us to think (as much as we don’t openly admit it) that the more violent trend of hiding razor blades in their caps was the real source for the name. But we’re here to learn the truth, right? Unfortunately, Chinn told The Birmingham Mail that the would-be new and brutal weapon is almost certainly a myth.
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Although it has yet to be proven, the more probable theory regarding the name suggests that the gang owed their title to their signature style: peaked caps, cravats (neckbands), bell-bottom trousers, and jackets with brass buttons. The gang members were also known to wear pearls and silk scarves.