New-York tribune., 1920-05-06
Man Accused as Arnstein
Aid Declares $5OO,OOO
in Stolen Securities Is
Buried i'm Canad a
international Law
Battle Is Brewing
Runner Tells of Selling
$1,000 Railroad Stock
to Wolf for Only $500

Saul S. Myers, attorney for the ON
blned surety companies bringing bank
ruptcy proceedings against Jules w.
C'Nicky") Arnstein, made public last
night the statements made to him and
Assistant District Attorney Dooling by
Edward "Big Bill" Furey, who has been
described as one of Arnstein's lieuten-
ants.
Furey denies that he knew either
Arnstein or Nick Cohn, but admits he
discussed with Joe Gluck the possibil-
ity Of stealing securities on large
scale. He also told Of trip he made
with Gluck to Canada to negotiate for
the disposal of stolen bonds.
MIR. Myers said last night that he was
in possession of facts which lead him
to believe that more than s5OO,OOO
worth of stocks and bonds stolen by
messengers in the financial district
here are now "buried" in Canada.
"Disposal Plant" in Canada
Arnstein and Cohn, had a "disposai
plant" in Canada, and it is Mr.. Myers's
belief that the master crooks placed as
much loot there as they did with the
Washington brokerage Office of David
w. Sullivan & Co.
Furey said that while he was in
Canada with Gluck he met Jim Kean.
the former Burns detective, who is now
in the House of Detention here as a
material Wltncss ir the Arnstein case.
The three discussed the possibility of
,dlsposing of 100000 worth Of stolen
bonds In the Dominion Furey said.
The witness said Gluck had told him
how he was stealing bonds in Wall
Street and how his brother was doing
the same thing and had other boys
working for him. Gluck thought that
lot Of money could be cleaned up in
stolen securities if a market could be
found for them in Canada.
$5,000,000 Plot Discussed
After looking over the prospects in
Canada. Furey and Gluck returned to
New York and were followed later by
Kenn. Here they again discussed the
plot to steal S6,000,00O worth of bonds
and decided to make their headquar-
IS ters in the " o,olworth Building, so that
Kean would have a place where he
could meet the messengers who were
to do the stealing.
number of messengers met the
plotters in the Woolworth Building
and were interviewed by Gluck and
Fprey. They were engaged in making
up the band of bond robbers when
Furey was arrested on February 10.
Questioned by Mr.. Myers as to his
past, Furey said he was twenty-five
years old and was married to an ac-
tress named Bobby Miller. He said
he had never been convicted Of crime,
never took drink of whisky, but
played cards and shot craps for large
amounts.
Furey told of how he went from
Buffalo to Cleveland with Joe Gluck
with view to finding means of dis
posing of stolen securities. He said
his only idea in appearing to cooperate
with Gluck in the $5,000,000 bond plot
was that he might finally expose the
conspirators He said it was his aim
to get into Wall Street to learn who
was stealing the bonds and their
method Of operating,
A long list OF names that have beer
mentioned in connection with the
Arnstein case was read to Furey, and
he declared he knew only q few OF
them He said he knew man who
was known as the count, but did not
believe he was implicated in the bond
thefts. He described the count as be-
ing fiftyfive years old and gray
haired.
Furey admitted that while in the
Tombs he wrote this letter to Kean:
81 am very surprised to learn that
(Conrinucd on pau. oeyen)