Not to Be Taken
“‘Do you know why Mr Waterhouse had been drawing on his capital to this extent?’ ‘He had expensive hobbies and liked to gratify them. Mr Waterhouse,’ added the solicitor with disapproval, ‘seemed incapable of distinguishing between capital and income. I considered it my duty to remonstrate with him over the way in which he drew on his capital for current expenses, but his reply was always the same: that he would be able to make more money when necessary. In the meantime, he pointed out, his wife... was amply covered in the event of his death by his life insurance policy.’ ‘But not if he were unable to keep up the premiums,’ commented the Coroner. ‘But we shall come to that in a minute. Did you agree that Mr Waterhouse could make more money when needed?’ ‘I consider it doubtful whether anyone can make money at will,’ replied Mr Ventnor dryly. ‘In the case of Mr Waterhouse it is my opinion that toward the end he had lost even the will.’ ‘Can you explain that, please?’ ‘Certainly.MoreLess
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