New-York tribune., 1920-02-28
Fallon, After Conference
With Dooling, Agrees
to Accept 100000
Bail Offer of Swami
Fugitive May Give
Self Up by Monday
Widespread Man Hunt
to Continue; Detectives
Declare Arrest Is Near

Following conference between
Assistant District Attorney John T..
Dooling and William J. Fallon that
lasted for more than an hour last
night, Mr.. Fallon said that he would
Immediately get into touch with
Jules W. Arnstein, for whom he is
attorney, and advise him to surren-
der himself to the authorities and
take advantage of the 100000 bail
bond which District Attorney Swami
has agreed to accept.
Arnstein is wanted in connection
with the conspiracy to loot Wall
Street of S5,0O0O00 in bonds and
other securities. The police allege
that his was the master mind that
perfected the plot, and that he is the
one who engineered many of the re-
cent bond thefts in the financial dis
trict He has been missing since
February 10.
To newspaper men last night Fallon
in,imated that all hope of getting the
District Attorney to accept bail for
Asnsteiu in sum less than 100000
tad been abandoned and that-it had
been decided to accept Mr.. Swann's
offer.
VIII Advise Surrender
At the District Attorneys Office it Is
confidently expected that Arnstein will
give himself up not later than Monday
NORMA sg.
When Fallon emerged from Mr.. Dool-
.Ngs Office after last nights conference,
ne said: Since my talk with Mr.. Dool-
ing on Wednesday night, when | offered
% produce Arnstein at once if bail
bond OF $50 600 was accepted, and at
which time he said that no amount
under 100000 would be considered by
District Attorney Swami, I have had
little or no opportunity to take this
matter up with Mrs. Arnstein or any
one else interested in my clients de-
fense.
Il have been so busy with the Fritz
murder trial now going on in the Bronx
that have not had chance to take up
tne Arnstein case. Following the talk
have Just had with Mr.. Dooling ] can
state that it is my intention to advise
Arnstein to return and surrender HIM
sell TO the jurisdict ction Of the court
Under the 100000 bail arrangement we
have agreed upon"
To this statement Mr.. Dooling
added: M Fallon expects to produce
Afnstein on Monday morning.
Asked whether, in using the word
return" he had meant to indicate that
Arnrtair Ncur Xnrk Fol llCr,
replied: 81 merely mean that he will
return to the court. At this moment
don't know where he is"
The lawyer admitted that ne would
he IN direct communication with
Arnstein within a few minutes after
leaving the Criminal Court Building
and would then advise him to sur
render. That Arnstein will hasten to
follow this advice is not doubted by the
authorities.
Detectives who have been on the
iugitive's trail day and night for more
than week said last night that they
believed he was in New York and said
that his arrest might be announced at
any hour. If ne is arrested, instead
of being surrendered by his attorney,
the belief is that District Attorney
swami will ask that his bail be fixed
at not less than 100000
Ms Dooling, after talking to Fallon
asst night, said he did not believe
Arm; tein was in New York, but thought
ne was not very far away. He said he
cld not think he was as far away as
Detroit or Toledo, cities where the
fugitive is reported to have been
recently in hiding.
Messengers to Testify
Saul s. Myers, attorney for the Ma
rional Surety Company, which has
fied an involuntary petition in bank
5uptcy against Arnstein, will continue
ms examination of witnesses before
FEDERAL Commissioner in Bankruptcy
alexander Gilchrist at 10 o'clock this
morning in the hope of discovering
whether the fugitive has any assets.
me National Surety Company asserts
iosses sustained by banks and broker
age houses in the financial district as
result of thefts alleged to have been
planned by Arnstein.
y, Joseph and Irving Gluck, former
wall Street messengers, now under
arrest IN connection with bond thefts.
WIZ be among the witnesses to be ex-
ahmed to-day by Mr.. Myers. 1t is
SAD to be the confession Of Joseph
LUCK that first involved Arnstein in
lhe bond conspiracy.
,, William J. Fallon and his partner.
Eugene F. McGee, were both served
Win Federal subpenas as they were
waving Dooling's office last night, and
are expected to appear before Commits
sioner Gilchrist to-day to tell what they
Snow of Arnstein's financial affairs.
The examination of Fannie Brice,
VINO was the first witness called in the
bankruptcy proceedings, will be con-
pnnued on Monday at o'clock. Miss
nrlce Informed Commissioner Gilchrist
mat her work on the stage prevented
ner from getting to bed before 8 o'clock
IN the morning, and that 1t would be
impossible for her to attend any ses-
sion held before noon.