The New York herald. [volume] (New York, N.Y.) 1920-1924, 1920-12-10
IARNSTElN LAWYER
| ASSAMS MFORMER
IN BIG BOND PLOT
FallOn DenOunces Gluck as
Thief Before a Wash
ington Jury.
HUGE THEFTS SHOWN
Ring Paid Actual Robber
Only $4,000 for 81, O00,-
600 in Securities.
COHEN'S PART REVEALED
Big Nick Said to Agreed on
40 Per Cent. Commission
for Sales.
COHEN'S PART REVEALED
Special Despatch to THE NEW York HERALD

Special Despatch to THE NEW York HERALD.
New York Herald Bureau.
Washington. ID. g.. Dec. ..
William ]. Fallon. counsel for Jules
w. (.Nicky'D Arnstein. declared to be
the master mind in the New York bond
thefts, attempted to-day to discredit the
testimony of Joseph Gluck, one-time
Wall Street messenger who turned
States evidence to prosecute Arnstein
and other men higher up In the circle
of bond thieves. He branded Giuck as
a. thief. said he always had been a
thief and always would be-" Gluck.
despite the vigorous cross examination.
retained his composure.
Fallon undertook to prove to the jury
that Arnstein was not responsible for
the robberies of Wall Street messengers
and had no part In the transportation
of the stolen securities to Washington.
where they were made the basis Of ex-
tensive loans.
The session was enlivened by occa-
sional tits between Fallon and James
B. Archer. Assistant United States At
torney, on the construction that should
be placed on the responses of Chuck to
cross examination. Justice Gould inter-
vened twice to inform the jury that the
difference of opinion of counsel was not
to be considered in arriving at ver-
dict.
II want to show to this court"
shouted Fallon, that this witness.
GIuck. always has been thief, is one
ut this hour and always will be
thief"
$4,000 for s1.Ooo,ooO Thefts.
He went carefully over details told by
Chuck about the alleged meeting with
Arnstein and Isadore ("Nick') Cohen
in New York, looking for loophole In
the testimony which would confuse the
witness. He insisted that Gluck tell all
he knew about the bond thefts. espc-
cially dealing with those securities
which his brother, Irving Gluck, Is al
legged to have stolen.
The cross examination went into al
legged thefts of bonds by the Bunora
brothers, Wall Street messengers, VINO
are under arrest In New York, and who
were brought here three weeks ago by
the United States to give information
and to testify at the trial of Arnstein.
us it not a fact that all the bonds
stolen so far as these defendants are
concerned were taken by you and your
brother Irving. or by you two and the
Bunora brothers?" was one question
fired at Gluck by Fallon.
The witness did not answer this ques-
ton directly. He said he got securities
from Irving Gluck. but did not recall
having any dealings with the Bunora
boys.
Wall Street messengers who stole for
the men In the higher councils OF what
the New York authorities termed
band Of bond thieves received but
scant commission for their trouble. II
was shown from the evidence. Gluck
himself said he was paid only sS,VVo Tor
placing bonds and stocks worth more
than 81 10000 in the hands of Cohen
and other leaders. Part OF his commits
sion was borrowed later from him by
Cohen. he said, and he was ignorant or
the value Of many bonds stolen.
Gluck originally was paid 100000 by
Cohen for his end. but had 70 split this
amount with his brother and another con-
Tolerate. he testified. The witness said
Arnstein and Cohn informed him they
could dispose of bonds in Canada and
Europe which could not be sold to deal
ers In New York.
During the ross-examination the wit
ness said the Canadian deals were sepa-
rate and apart from the alleged thefts
OF bonds which eventually found their
way TO this city. where they were n.y.
pothecated at the banks. Gluck could
not recall any conversation he had with
Arnstein before October 10. 1919. al
though ne saw him on several occasions
IN New York.