New-York tribune., 1921-06-25
/ Ar,,stcil, Gets
Two Years foa.
Biz Bond Plot
Isll,,00O Fine Imposed. Be.
sides Maximum Sentence
70 Federal Prison: Four
associates slso 10 Gsa
Demands ReariaI
.I)eaill Of Judge During Case
Declared TO Necessitate
h Says Appeal Petition

wASHINGTON, June 24-Jules W
,sissyl arnstein and four Others we're
s.rssnced to-day to two years in the
.,ssral pensteatiary by Justice Sid
,s il the District Of Columbia Su-
..srac Court. They were convicted re
,,atly by jury Of conspiracy to bring
..slen securities into the District OF
fo,uu,bis from New York in October,
1919.
those sentenced With Arnstein were
,,sdore (Niek) Cohn. Of New York, and
ravid ". Sullivan, Norman S. Bowles
md Wilen W. Easterday, brokers, OF
Washington. Arnstein and Cohn also
sere fined $4,000 each and Bowles was
sasd $4,000.
Counsel for the men noted an appeal
.aa the defendants were allowed to
continue at liberty under bonds of SI0,-
40 each, pending final decision. The
sentence and fines imposed on Arnstein
snd cohn are the maximum under the
law.
New Trial Demanded
Before imposing sentence Justice
sIidons announced that he had decided
i overYuls motion for a new trial
and counsel for the defense Immediate
X inserpesed objection to imposition
q sentence, declaring that since JUS.
dee Siddons had not presided at the
trial he could not have the familiarity
WITH the case necessary to weigh the
eusstion Of sentence, which, under the
sisw, has maximum, but no minimum
This objection was ovefruled.
Counsel for the defendants later filed
petition in the District of Cciumbia
Court of Appeals asking for writ OF
rsndsmus 20 compel Justice Siddons
. yacate the sentences imposed and
s b grant new trial. The petition
claimed that the death Of Justice Gould
Who presided at the two trials, made
/. obligatory on the court to grant 9
ssw trial. Justice Gould's death oc-
cured before the defense ATTORNEYS
we're able TO complete their bill of ex-
eeptions TO trial, the petition con-
tended.
Assistant United States Attorney
CrcEslin asked for the maximum pun
ishment declaring that the conspiracy
bad for it's object the stealing of securi-
tiss valued at S5,0o6,000, and that Arm
stein had stated he knew where he
could dispose of this amount of securi-
ties In the United States, Canada and
Europe. The attorney added that
100000 had been obtained from banks
d Washington, Philadelphia and New
York on securities stolen.
Arnstein Arrested Here
The case grew out of alleged whole
sale thefts of securities from brokers
in New York. Arnstein was arrested
there after q nationwide search and
vas brought here for trial with the
Washington brokers after a grand jury
had returned indictments against the
5our men, Cohn was arrested after the
first trial of Arnstein and the three
others, which resulted in hing jury.
Arnstein told the court he had no
statement to make before sentence was
imposed and in reply to question of
the court said he had stated that Jus
tice Gould was the fairest Judge he had
ever seen. When Justice Siddons re-
serTed to the designation of Arnstein
as the master mind" of the conspiracy
Ine defendant smilingly responded: |:
The newspapers are very generous"
Bowles denied his guilt. Sullivan and
yesterday said they had no statement
to make.