Business & Finance: Conviction of Counsel

In Manhattan's gloomy Criminal Courts Building one day last September Lawyer John William Davis uprose to outline to a jury the defense of one of the most complex cases the onetime presidential nominee had ever handled. He began by setting out eight paper cups and a tumbler of water on a table. While he described the involved dealings of defunct Bank of United States, he poured the water from tumbler to cup, from cup to cup and finally from cup to tumbler. "When it is all over," smiled elderly, benign Mr. Davis, ''you see...

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