into tax-free bonds, and she would get about the same income without taxes to pay, but we both felt uneasy about putting a person so young into fixed-obligation stuff. He's invested in the convertibles of companies big in natural resources, so if inflation ten years from now makes a new Chevvie cost forty thousand, the increase in the value of the natural-resources common stocks will have pulled the convertible bonds and preferred up-not in direct ratio, but certainly into the six-toone, eight-to-one range. We agreed she should pay taxes now and maintain her equity position. At twenty-one, which is very soon, she can tap the principal if she wants to, but no more than ten percent of the asset value in any calendar year. When she's forty, the trust is distributed to her and her kids, if any, in equal portions. If she dies before forty, her children get the income until the youngest is twenty-one, then they get the principal, evenly divided."
We could all understand why she didn't sell the Trepid. It was the most direct link to happier days. And living aboard at Bahia Mar, she felt as if she was among friends. She had no desire to return to school. Whoever was handy helped her when she needed help. Pretty soon it was Howard Brindle who was taking care of the chores. He had not been around Bahia Mar for very long, yet he fitted in so well it seemed as if he'd been there a lot longer. He never scrounged. He gave full value in time and muscle for all favors.
When it became serious, the whole village nodded and said that it was probably a good thing. Meyer and I appointed ourselves a two-headed daddy and grilled Howie.
Meyer planted the needle beautifully. "What do you want to be, Howie? Who do you want to be? Or are you happy and satisfied just to fall into it?"
This was aboard the Flush. Howie looked troubled and thoughtful and said, "We've talked about that a lot, Pidge and me. It comes down to this. I just haven't got much work ethic. We talked it out. It certainly isn't going to bother me if both of us live off what her dad left her. It isn't as if it was money Pidge earned herself. If it was turned around so my dad had left it to me, it wouldn't bother me living off it and doing nothing. I mean, how can you prove that anything a man does is really worth doing? She says it won't bother her because there's more than she needs, the way she wants to live. So what we want to do is get married, get the Trepid geared up for around the world, and then, by God, go around it, even if it takes three or four years. But it isn't as if we're closing the door on anything else. We could get restless. We could see something we think is worth doing, and then we could change our minds. The options are open. But neither of us is going to feel guilty if we don't take any other option ever. We've talked this all out."
"Maybe," I said, "you might want to pick up where Ted left off."
"I thought of that. He was getting geared up to go after something. We can't find a clue. She told me she'd searched every inch of the vessel. He hadn't left his research records at the bank, in the deposit box. We went over the boat together. We took three days, three whole days. Nothing. It's just as well. What would I be doing looking for goodies in the ocean? What could I buy I haven't got already?"
So that made three searches, counting the one Meyer and I made that lasted from the time we heard Ted had been killed until dawn the next morning. Not for ourselves. For the daughter.
Howie was plausible enough, and it was easy to see how happy they were just to be with each other. So there was a wedding, and there was a lot of work done on the Trepid, and a lot of intensive study of charts and celestial navigation and a lot of instruction in how to maintain and operate all the navigation aids and servomechanisms aboard that would go pockety-queek all the time she was trudging across the ocean blue.
And this was the first time I'd seen the Trepid since we all
Shauna Rice-Schober[thriller]