I suspect this is an easy answer, but I cannot seem to find it.

How do I swap items between characters in World of Xeen ? I am just starting run after many,many years, and want to do a custom party, passing all the old gear to the new characters. And of course, there is no doubt I will need to do more of the same later.

Thanks,
Balagor

This is correct. While in a character's inventory, hit the number of an item to highlight it, then hit the FUNCTION key associated with the party member you want to send it to (F1 for the character in slot 1, F2 for slot 2, etc.). You can even send the item back to the same character, moving the item to the bottom of its category and allowing for a modicum of sorting.