Civil rights activist Julian Bond, who has been the subject of news stories saying that his estranged wife alleged to police that he used cocaine daily, said yesterday that "everyone is fair game {to the press} in a foul game with no standards and no rules."

"I am not here to attack the press," Bond declared several times during a speech at Howard University to a regional conference of the National Association of Black Journalists. However, he said U.S. newspapers, television and radio "treat public figures and private citizens any way they can and any way they want to" with "gross invasions of privacy" and "pop psychoanalytic portraits of prominent figures."

"If intimate personal details of someone's private life are made public," Bond said, "the need to punish arrogance and to verify rumors provides a rationale. Others reprint the scandal because someone else printed it first, recertifying it as news."

Asked if the Atlanta newspapers were exercising "responsible" journalism when they printed stories about his wife's allegations, Bond said it was "their job to report the news . . . . It's news if it is in a newspaper."

Bond, 47, a former Georgia state senator and president of the Atlanta chapter of the NAACP, was defeated by John Lewis, another longtime civil rights activist, in a bid for the House of Representatives last year. In March, his estranged wife Alice told the Atlanta police narcotics unit that Bond and other prominent Atlantans regularly used cocaine that was supplied by Bond's girlfriend.

Shortly before the Atlanta Journal and the Atlanta Constitution printed their first stories on the allegations, Alice Bond called the papers and said the information "was not correct."

Atlanta Mayor Andrew Young said he phoned Alice Bond before the second police interview and "counseled" her not to report rumors.

A federal grand jury is investigating whether Young's call constituted obstruction of justice.

Yesterday, when members of the journalists group asked Bond about the allegations, he said he could not talk about them, "on advice of my lawyer." In a radio interview in April, Bond said he had never used cocaine.

Jackie Greene, the regional director of the journalists group, said Bond's situation was part of a pattern of recent news stories about the private lives of public figures.

About a dozen journalists questioned Bond sharply. Several suggested that he wanted the press to "cover up" the indiscretions of black officials. Bond said their reaction was "thin-skinned."

As he was leaving the auditorium, reporters asked Bond whether presidential candidate Jesse Jackson and other prominent blacks should repudiate Nation of Islam leader Louis Farrakhan, who has denounced Zionists and Jews. Jackson recently said he does "not accept support" from Farrakhan, who participated in Jackson's 1984 campaign.

Bond said he does "not agree with everything that Farrakhan says," but he added, "I think he performs a great service to black Americans, and I think he is a valuable part of our community."