New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1920-05-03
Farmer Bank Runner
Admits Robbing Many
Wall Street Firms in
Confession to Lawyer
Arnstein's Arrest
Is Declared Near
Broker Says Bonds We're
Handed Over by Master
Mind; Sold at Sacrifice

Ia complete CONCESSION to Saul 5.
M,srs, attorney for Henry S. Glider
sssve, trustee in bankruptcy for Jules
e f"Nicky") Arnstein, Joseph Gluck,
, former Wall Street runner now in
Il. Tombs under $4,000 bail, admitted
that he stole upward of s1,oo0,000 in
bouds from New York brokerage firms
and turned over all but about 10 per
zen. of the securities to Arnstein.
Gluek's confession was made to Mr..
y5ars in secret examination before
Federal Commissioner in Bankruptcy
Alexander Gilchrist jr. The lawyer
esve Tribune reporter the details of
4 last night. The former Wall Street
messenger, now under indictment
charging completely in the theft of
100000 in bonds, had formerly made
confession to Assistant District At
;orney John T. Dooling, which led to
the original Indictment being obtained
against Arnstein.
Robbed Various Firms
The confession to Mr.. Dooling, how
ever contained only fraction of the
Information obtained from Gluck by
Mr. Myers. The messenger told in de-
,a Of how he had robbed various
Wall Street firms for which he worked,
and how he had subsequently turned
the stolen securities over to Arnstein
and his partner, Nicholas Cohn. alias
Harry Davis and "Big Nick" tc dispose
Of According to Mr.. Myers, the boys
statements show that Arnstein and
Cohn not only provided the brains for
the manipulation of the securities after
they were stolen, but also made sug-
sestons to him that led to further
fobberies.
MrMyers said last night that Gluck's
testimony in the Involuntary bank
luptcy proceedings being conducted
Agalnst Arnstein had removed the last
Tsstigs Of doubt that the latter, as
sisted by Cohn. actually was the
master mind" behind the gigantic plot
which had for its aim the theft of
sSDo,o0o in securities from banks and
trokersge firms in this city.
A statement which he terms a con-
isssion has been obtained by Mr.. Myers
rom big Bill" Furey, also held in the
Iombs in $4,000 bail on the same
charge as that lodged against Gluck.
Furey's testimony, taken before Com
missioner Gilchrist. corroborates the
story told by Gluck and shows that
Arnstein and Cohn were the "men
higher up" in the series of bond thefts
mat began last October and continued
WITH amazing frequency until Gluck
and Furey were arrested and their
S'atements to Mr. Dooling caused both
Amstein and Cohn to fee.
MI Myers has been engaged in un-
faveling what he describes as the most
widespread and involved plot ever con-
celved by criminal minds. For the last
, month ne has been examining witnesses
oehnd closed doors in the Federal
oudin1g. He said last night his task
was almost completed and that the
BUSINESS of proceeding against the
guilty would be begun at once.
Hunt for "Nicky" Resumed
The hunt for Arnstein was resumed
win renewed vigor yesterday and will
us conducted along lines that are ex-
Fsetea 10 lead to far different result
IOm that made by the Police Depart
ms men,' An advertisement offering a re-
sstd OF $4,000 for information leading
~. tne Identification, arrest and extra
S,uon d OF Arnstein and Cohn was or
usred published in morning news
vspet vsls To-day by Mr.. Myers. The ad-
dss.H;sent dssasement carries photographs and a
s,ss;vt'P1lon s,a;a OF both men. That of Arm
"sla IS given as follows:
,..t tagea' .forty-twp years; height, 5
,ss 49, ~ inches; weight, 100 pounds;
moa r.vWn halr, gray eyes, brown mustache,
msuum aN complexion and has the appear
s.se se OF an Englishman; erect walk;
hl;,q hbil;Squehts frst class hotels and gam
uHne houses. Husband of Fannie Brice,
me actress"
,vs w0ah Is described as being "forty-
vs;. s4 years old; height, 5 feet 8 inches;
weight, 200 pounds, dark brown hair
nacs.. ,csa eyes, medium complexion; pick
apper." ''"' S'0 WHY
,l.. .as ilnger prints Of both men are
'so y, reproduced. ~
mnae. ,as arrest of man described as "an
/, ,svssnt t witness" in the bond cases
thu. expected to-day, and it is believed
fars fs .asrnstein will be in custody be-
do., ae end of the week. Mr. MYERS
SiS;,o MAI nos share the belief that Nicky is
lung IN Canada. This has been thr
s neid by the police since Detec-
toeatinued on page three)