KING'S TRAINER'S DEBTS.

NZ Truth, Issue 524, 3 July 1915, Page 11

KING'S TRAINER'S DEBTS.

Beset by Fourteen Moneylenders, at One Time. Tho public examination m bankr ruptcy pf Mr. Richard J. Marsh/ the King's trainer, was held at Cambridge. The deficiency amounted to £2946, the debtor stating he had lost money while training publicly owing to high rent and expenses from which he never recovered. i When he started to train for King Edward it wa3 understood that ho should clear off all his debts, but he had been unable to do so. In 1911 he paid £15,856 to moneylenders, all of which was horrowed from other moneylenders. He had kept up a good and might perhaps have saved a little more money. Ho admitted that he might have lost £2000 a year by betting, buj. he alwaya hoped to pay his debts by this means. At. one time he was m the/ hands of fourteen moneylenders. One moneylender introduced him- to another, and made statements about him which were not true. The examination was closed, the debtor being m tears before he left the wltnesß-box.