Show English Fake Syndicates hI am surprised remarked Mr M Vard of Sheffield England to Store ind Hardware Riimrter yes I am almost I amazed at tho confidence that appears t be reposed on this side of the herring pond in the representatives of so called English syndicates Kot in ten ndicte5 1ot one are genuine I i met one in the east a couple of weeks ago who prated of extensive London connec ious and all that sort of thing yet he knew nothing of the houses he claimed to represent and I much doubt if he had ever been in London in his life At all events he was wholly ignorant of business local ties there Yot he seemed to have impressed I im-pressed shrewd business men of a class ordinarily sharp and suspecting The idea that British firms ho claimed to represent I desired to buy up about half the rolling mills in America is preposterous on its face In Pittsburg I heard he talked about nail production in such a way as to clearly Show that he knew nothing of the trade I i suspect that he is of a class of option traders who obtain a price or the r iusal of some coveted fU5a coeLd property and then hawk it around either to make a commission commis-sion on tho sale i they can effect it or to make money out of their privilege in some other way They are mere brokers in options or fakirs as I heard some of them called in Xow York and in the vast major ity of cases represent their own speculative tendencies and least of all conservatives British capitalists of whom they talk so glibly and know so little I |