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Financial matters

Correspondence

1968 Correspondence

The whole institution is not in very sound financial position, so we should always remember this position and try to sell our articles so that we may again publish our books and literatures.
Letter to Hamsaduta -- Allston, Mass 14 May, 1968: So far from my side, I can say that if you have got a party who can travel with you, then you can travel with them for some time with the Sankirtana party. If you go in the bus with your Sankirtana party, then we must sell our literatures, magazines, books, records, etc. The whole institution is not in very sound financial position, so we should always remember this position and try to sell our articles so that we may again publish our books and literatures. Back to Godhead is already in difficulty for financial matter. It is giving me some anxiety. Back to Godhead may not be stopped publication—it will be a great setback for our missionary purpose. At any rate, we should accept that bus.

1972 Correspondence

Don't bother too much about financial matters, but your first concern should be book and magazine distribution.
Letter to Hamsaduta -- Tokyo 24 April, 1972: This program to make each and every center spiritually strong should be the duty of the GBC. So far financing, let them do in their own way, and you can simply advise them. Don't bother too much about financial matters, but your first concern should be book and magazine distribution. We have to increase our preaching propensity. That is our main business. Your reports of book distribution are very, very encouraging. The more you distribute our books and magazines, that is solid work.
Bali Mardan has told me that you have "no inclination to supervise or check regularly on these financial matters, and thus it is left to a Treasurer who is also not very competent."
Letter to Rupanuga -- Honolulu 9 May, 1972: It is not good if such big temples who are setting the example for the whole Society do not pay their bills. This is most irregular. I am trying to retire from the administrative affairs, but if the presidents and GBC men make such disturbances then how I can be peaceful? Things should be maintained automatically, then it will be peaceful for me. Karandhara says that New York is an "outstanding exception" to the regular payments of literature bills, and Bali Mardan has told me that you have "no inclination to supervise or check regularly on these financial matters, and thus it is left to a Treasurer who is also not very competent." He has suggested that you make weekly inventories and pay weekly for the books sold. That is a good idea. You can take his help, how to do it. You must organize these things in such a way that things will go on automatically and increase more and more. Now I do not know what is the real situation, they are saying one thing and you are saying another thing, but I want that this situation be immediately finished, and from now on all literature bills must be paid immediately by you.
If we do not take time to understand how the financial matters are going on, then at any moment we may experience some calamity due to our inattention to these matters.
Letter to Satsvarupa -- Los Angeles 1 July, 1972: You mention that you are no longer much occupied with seeing that the rent and mortgage is paid and that the incense is sold, but GBC means to be occupied with everything in the zone. It is not that now we are preachers we can neglect all other points. No, the GBC member is supposed to know everything and anything about the condition and situation of all matters within his jurisdiction. That is the meaning of secretary. So because we are engaged in many fields of activity I am especially relying upon that knowledge of my GBC assistants and secretaries to manage everything properly. But if we do not take time to understand how the financial matters are going on, then at any moment we may experience some calamity due to our inattention to these matters. Therefore, you should try to keep yourself always informed how the financial matters are improving and keep your watchful eye on every feature of our Krishna Consciousness activity. That is also part of preaching work. I am also preaching daily. But I am at the same time managing everything, seeing the statements of accounts, going to the bank, giving advice on every topic, like that. Just now I have purchased one apartment house with seven apartments just adjacent to the L.A. temple and very soon we shall invest in similar properties. So practically there is no question of my neglecting the financial matters of the society, and similarly, you shall do as I am doing. That is your real business.
So far financial matters are concerned, these are also important, and we should not neglect them.
Letter to Danavir -- London 2 August, 1972: I am very happy to hear that the programs there are becoming more and more improved, and that you are enthusiastic to understand the Krishna philosophy and to preach very boldly. So far financial matters are concerned, these are also important, and we should not neglect them.
Along with our preaching and propaganda work, we must also give attention to financial matters, otherwise the whole thing will collapse and it will be a farce.
Letter to Damodara -- London 6 August, 1972: Regarding your debt to the book fun and Back to Godhead fund and incense from 'Spiritual Sky', these debts must be paid, that is important business. Along with our preaching and propaganda work, we must also give attention to financial matters, otherwise the whole thing will collapse and it will be a farce. If there is good financial standing it is understood that Laksmi is favorable because her husband Narayana is being served nicely. If Laksmi is unfavorable, then we must increase our preaching efforts, and strive for pleasing the Supreme Personality of Godhead.
Mr. Shah has sent me one letter of complaint in financial matters, so I have forwarded it to Brahmananda. Now you together deal with these money matters and Mr. Shah.
Letter to Cyavana -- Vrindaban 11 November, 1972: Mr. Shah has sent me one letter of complaint in financial matters, so I have forwarded it to Brahmananda. Now you together deal with these money matters and Mr. Shah, should I always have to be consulted in these things?

1974 Correspondence

I know the BBT, Negotiations with Dai Nippon and financial matters are being taken care of even though Karandhara has left his post. Your desire to give me relief from having to worry about these matters shows that you have understood my desires.
Letter to Jayatirtha -- Bombay 16 February, 1974: It is very reassuring for me that all our most important affairs located in world headquarters in Los Angeles are being well cared for under the guidance of your good self, Bali Mardan and Ramesvara. Therefore I have not become disturbed on that account because I know the BBT, Negotiations with Dai Nippon and financial matters are being taken care of even though Karandhara has left his post. Your desire to give me relief from having to worry about these matters shows that you have understood my desires, and I thank you very much.
Please keep consulting with Bali Mardan on financial matters.
Letter to Sudama -- Bombay 8 May, 1974: It is good news that you have so sufficiently taken possession of the 40 acres of land there in our society name, under control of Gaurasundara. Now you require $5000.00 to cover expansion for cows, farming and unpaid debts of Gaurasundara. As for the devotee, Bhavatarini Devi, who is there, she has asked me what to do with her large inheritance of $41,000.00. I have asked her to deposit it in our Mayapur-Vrndavana Trust Fund which we have at the Liberty Bank in Honolulu. Now you can withdrawal $5000.00 required by you from this balance by the Mayapur-Vrndavana Trust at the Liberty Bank. The account number is 35785.* I am enclosing one withdrawal slip authorizing you to make the above withdrawal.

Please keep consulting with Bali Mardan on financial matters. It is possible that I may stop at Honolulu sometime in July on my way to Rathayatra Festival, Australia. I will keep you informed. Acknowledge receipt.

Your ever well-wisher,

A.C. Bhaktivedanta Swami

ACBS/sdg

Enclosure: one withdrawal form $5000.00.*Please return this amt by $1000.00 per month at least
Page Title:Financial matters
Compiler:Labangalatika, MadhuGopaldas
Created:23 of Mar, 2009
Totals by Section:BG=0, SB=0, CC=0, OB=0, Lec=0, Con=0, Let=9
No. of Quotes:9