['LIVEWIRE?']

Each to their own, Techman, but I've long regarded waxed paper capacitors in any vintage radio, etc., as 'change on sight', along with Hunts 'Moldseals', and those Black Philips things. These days I seldom check waxies, but when I do they're almost always leaky, so a blanket changes minimises the risk of a later failure, IMHO.