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Invest (Letters)

Correspondence

1947 to 1965 Correspondence

Letter to Gosvami Maharaja -- New Delhi 5 October, 1955:

Some non-Bengali gentlemen are demanding my Hindi edition of Caitanya Caritamrta. They are prepared to pay any price for this (Rs 32/ or Rs 25/- ) your Holiness has already seen the manuscript. I wish to get it out part by part. The first part will cost near about Rs 600/-. If this part is sold out, The other parts will automatically come out. I would request you to invest this initial Rs 600/- for this purpose under any arrangement you like. I shall be glad to receive your reply on this point. I hope you will give this starting & oblige.

Letter to Sally -- New York 19 November, 1965:

I proposed for starting the restaurant with a view that you may become one of richest family in America. One can become rich only by trying his luck in business. It is not possible by serving other. One should have independent source of income that is possible only if one is engaged in business or in land lordship. If you can invest $20,000/- in a property in New York which is worth $100,000/-, you can have at least $1000/- per month as the rent of the house. So that in 15 years time you become the proprietor of good house in New York which would fetch you $1000/- rent per month. That is my next proposal. I think you can invest $20000/- some way or other and if you can please do it immediately because that is chance also.

Letter to Tirtha Maharaja -- New York 23 November, 1965:

The basement can be used as cooking and dining department, the store as the lecture hall and mezzanine for installing the Sri Vigraha and personal apartment. The building is quite suitable and once started it will be possible to raise fund by lectures and membership fees etc by suitable arrangement. So the immediate investment is about $25,000 and I think this amount you can arrange immediately and just start a branch of your Sri Caitanya Math or designate the branch as New York Gaudiya Math. The idea is very nice to think of and it will be a nice reply to the local Ramakrishna Mission who indirectly denied to allow me lecturing in their hall. You will be glad to know that my lecturing propaganda is going on and so long I remain here it will go on without any hamper.

1967 Correspondence

Letter to Satsvarupa -- San Francisco 15 February, 1967:

So far I can see from the correspondence of Brahmananda it is not possible for us to get the house for so many reasons. The main reason is that we have no money to pay cash and nobody is going to invest cash in that house because it is neither complete nor has any income. It is simply utopian to think of possessing the house and Mr. Payne is simply giving us false hope. That is the verdict of devotees and trustees here and for reasons I believe it is correct. Please see therefore that the above amount is immediately transferred. When actual sale contract is there I shall again retransfer the amount as I did it a few days ago.

Letter to Brahmananda -- San Francisco 18 February, 1967:

Taylor remain as land lord. As Landlord he will have full right to evict us failing to pay the stipulated rent. So there is no risk on the part of Mr. Taylor and I hope the lawyer of Mr. Taylor will gladly accept these terms. Mr. Taylor will be profited by this, because he gets an immediate tenant and income up to 1000 dollars per month for a house which is lying vacant for so many years. And for us we get a house which is suitable for us. Convince Mr. Taylor like this and enter into such hire-purchase system-sale-contract. I think this is the best solution for both Mr. Taylor and ourselves. Try for this and quickly occupy the house without waiting for help from so called financiers. No sane financier will invest money on the complicated schemes drawn by Mr. Payne. It is simply utopian it will never be successful.

Letter to Mukunda -- Delhi 16 September, 1967:

So if we want to take him there we have to spend some thousands of dollars for his passage. I don't think the society can take the risk for a person who is not very expert. I have of course a mind to see the managing director in Bombay and unless a definite arrangement is made we can drop the idea of getting Vinode Kumar in the states. So far your requisition for musical instruments is concerned you can let me know your definite proposal, how many sitars and other things you require monthly. I think your friend or Mr. Kallman in N.Y. can invest some money in this connection. I've also written Mr. Kallman separately so you can let me know your definite ideas. One sitar manufacturer is prepared to go there and manufacture sitars locally for us, but I don't think, for the present moment it is a practical program. My health is improving slowly but undoubtedly there is improvement.

1968 Correspondence

Letter to Brahmananda -- Los Angeles 1 March, 1968:

Regarding press affairs: When I return to NY, we shall talk together with Mr. Kallman, that if he invests only $10,000, we can have a nice press equipment for conducting all our printing works, including books. In case Mr. Kallman is prepared to invest at least $5,000, then we can also invest $5000 from the book fund. And I think investment of $10,000 will be sufficient for starting a press just necessary for our work.

Letter to Gargamuni -- Montreal 18 June, 1968:

Anyway, you can open correspondence with Rayarama in this connection, and certainly as we need a press for printing our books and magazines, I think Krishna is presenting us with the opportunity to purchase one press of our own. Here also in Montreal the temple space is very great, and part of it we can very easily spare for running on a nice press. And Mr. Kallman is ready to invest money. So far manpower is concerned, I think we shall be able to get it. There will be no scarcity of manpower. So considering all these different angles, if we can have our own press, it will serve the greatest purpose of our mission. Please therefore send the details of the press to Rayarama and if possible, send me a copy of the details. But I guess they are demanding not very reasonably. It cannot be so much high priced. Hoping you are well.

Letter to Vinode Patel -- Montreal 6 July, 1968:

Perhaps you will appreciate that this Radha Krishna temple is the one only in San Francisco. And I know there are many Gujarati gentlemen in San Francisco to whom you can approach for improvement of the temple. If we get our own temple we can organize so many things, which will be appreciated both by the Indians and the Americans. So far business is concerned, Gargamuni is getting goods from some importer on credit, and he is selling the goods and then paying him the amount. So, he has not got to invest his capital in the business, but he is a good salesman. And if you can import some goods, according to his choice, and on your account, I think he will have no objection to purchase from you on the same system as he is doing with others. He did not talk with me about your business proposal.

Letter to Brahmananda -- San Francisco 9 September, 1968:

You will be pleased to know that this morning I experimented with my harmonium, and of course, it is just an experiment, still all the girls present here and Tamala Krishna also, they liked the tune very much. Maybe such Sankirtana solo singing; I can give so many. I can give so many verses, just like Cintamani Prakara Sadmasu . . . and explain them in English, so we can produce not only pictures, but also records, in so many ways. So you should be serious about taking quotation of the records as soon as possible and immediately we shall print some records. So far I know, that the records, small records, as Gargamuni told me, it does not cost more than 10 cents. But this big record will not cost more than 50 cents, including everything, I am sure. Anyway, you seriously take quotations about the album, about printing, and just see what will be the cost. Then we shall immediately invest some money from the book fund, to print our second and third record.

Letter to Hamsaduta -- San Francisco 19 September, 1968:

I am in due receipt of your letter dated 11, and 13 Sept. 1968, and I have noted the contents carefully. Regarding Christopher Fynn: I have chanted his beads and am sending herewith; please find. He is a nice boy. You and your wife should guide him in the matter of further progress and his spiritual name, I have fixed up, Cintamani das Brahmacari. Regarding your press: If Cintamani das is settled to remain in Montreal, then you can start the press, a small press immediately. I think you should wait and see how Cintamani das is settled up there. Because if you purchase press, and if he goes away to England, then the investment will for nothing. I do not think that is advisable immediately.

Letter to Krsna Devi, Dinesh Candra -- Seattle 29 September, 1968:

In continuation of my last letter, I have taken quotation from New York about record manufacturing and Brahmananda has sent me the following quotation as per leaflet enclosed herewith. Brahmananda says it will be still not cheaper so far printing of albums is concerned, so if we get 5000 albums, I have estimated, it will be more or less around 2000 dollars, or about 45 cents per record. So if Dinesh and you think that the record playing has come out very successful, then we must print 5000 copies. If you get $2000. from your father, that will be sufficient for 5000 copies, and if need be, we can arrange to invest one hundred or two hundred more, if so required. So you ask Dinesh to open correspondence immediately with Brahmananda, and it will be nice to print 5000 albums immediately.

Letter to Brahmananda -- Seattle 16 October, 1968:

I am glad that MacMillan Company has agreed to give us 50%. Now out of this, 50%, 40% should be given to all centers. Immediately as you receive consignment of books, you immediately distribute, allowing the 40% and the shipping charges should be borne by them, and you take care of 10% for our investment. That is business like. And with the supply of books, immediately bill should be submitted and you have to see that the bill is paid duly. Regarding bank reference: I am sending herewith one copy of the letter of the First National City Bank, in which the balance is there. I think the balance is little more, so you can send the copy of letter to them. Besides that, I have got some money in the Trade and Trust Bank, and some money in Bank of America. In the Bank of America, Haight Clayton Branch, San Francisco, Cal., my account number is 262101746. I think that is sufficient reference for them, and they can draw the bill at 60 days sight, and supply the books to us.

Letter to Brahmananda -- Los Angeles 12 November, 1968:

Regarding press, if the Dai Nippon Company has not come to conclusion and the matter is prolonged so much then we cannot wait any more, in that case, the 6000 dollars which I have kept aside for their payment may be invested in press work, and the book printed in our own press. Please think over this matter seriously.

Letter to Brahmananda -- Los Angeles 16 November, 1968:

Regarding Dai Nippon publication, I think if we disregard them and print Teachings of Lord Caitanya at this mature moment, it will not be very much to our own good credit. They have advanced so much already and they have invested money to some extent, and if we stop at this moment, this will not be very good for us. They have got good regard for us and we must maintain this position. The best thing is therefore that you send them an urgent telegram that we must get the books by the end of this month, and otherwise we will arrange for printing elsewhere. So we must give them a notice to warn them before we take up the work for printing ourselves.

Letter to Uddhava -- Los Angeles 19 December, 1968:

Please convey my thanks to Patita Uddharana for his nice letter. I will be looking forward to seeing the epic poem which he promised to be sending me soon.

P.S. I have asked Hayagriva to invest some money in purchasing press and he has almost agreed. Apart from labor and other cost you can give me an estimate of price of the materials required.

1969 Correspondence

Letter to Brahmananda -- Los Angeles 9 January, 1969:

I do not mind for the profit concerned. But I want to see them published. Another source is if MacMillan isn't interested, we can get them printed from Dai Nippon, but the delaying procedure of this company in Japan is not very encouraging. Therefore the next step would be to start our own press at New Vrindaban, because Hayagriva is ready to start a press there immediately, taking responsibility for the investment. He has told me that he could take a loan from his friend, Dr. Henderson. In this connection of purchasing a press I sent a list to be filled by the press men of New York telling of the prices of printing machines but there is no response. So I ask you what to do in this connection. Ultimately, if nothing is done, I shall be obliged to return to India for getting them published there.

Letter to Brahmananda -- Los Angeles 30 January, 1969:

I have received one letter from Hayagriva saying that he is prepared to invest money for a press, and he has found out a nice two-story house adjacent to our New Vrindaban colony, and the house is on the roadside. The rent is only $260 per year. That is about $22 per month. So in this way we can immediately start our press. I think that our publications should be done ourselves immediately, because neither MacMillan Company nor Dai Nippon can help us rightly. If MacMillan Company publishes our books, they will ask us to make contract for purchasing 5000 copies, which I cannot advise as good plan for us. If we have to exert our energy for selling 5000 books published by MacMillan, why not publish them ourselves on our own press and obtain profit for printing new books? The best thing will be therefore to organize sales of our books as other publishers are doing.

Letter to Hayagriva -- Los Angeles 31 January, 1969:

As for your nice sentiments about our first meeting on Houston Street, it was all arranged by Krishna. That was practically a favor shown to me by Krishna because I came in your country by superior order. I had been feeling lonely although I had the mission of starting this Krishna Consciousness movement. So Krishna sent you to me, and therefore our meeting was also the desire of Krishna. Therefore, both of us, or for that matter, all of the boys and girls who are working with me, have met by the desire of Krishna. As such, everyone should always feel the responsibility that Krishna wants us to do something for Him, and we must invest all of our energies to fulfill this mission of Krishna Consciousness.

Letter to Uddhava -- Los Angeles 1 February, 1969:

So far as accommodations are concerned, Hayagriva has given me information that there is a nice two-story house where both the press and the workers can be accommodated. The rent is only $260.00 per year. I think this house should immediately be occupied so we can gradually begin our work and also construct other structures with the help of Nara Narayana and others. So Hayagriva is prepared to invest money for the press, accommodations are there provisionally. Now if you have any definite program for meeting your maintenance expenditures we can begin the press work immediately. If the house is there and our workers are ready, then what is the difficulty of starting the press immediately? If this house turns out to be not suitable we will have to construct another, but in either case the problem is still there of maintenance. Everything must be practically thought out, and please tell me what yourself and Advaita are planning with this.

Letter to Nara-narayana -- Los Angeles 1 February, 1969:

I am very much encouraged by your proposal as stated in your letter of January 25, 1969 of constructing housing in New Vrindaban for an estimate of about $1,000. This money will be secured somehow or other and invested in New Vrindaban for constructing the proposed cottages. These cottages needn't be very high class finished. We simply want protection; that's all. They may be very roughly finished. Please send me your plans which you have mentioned, and we shall begin this housing scheme in April. We agree to invest the money in this project, and the persons you wanted will join you when you actually begin the work.

Letter to Angelo Cummings -- Los Angeles 11 February, 1969:

I am in due receipt of your recent letter (undated), and I was pleased to learn that you are able and willing to help us in our construction plans in New Vrindaban. The construction of the houses is already under way because Nara Narayana has already submitted to me some plans along with an estimate of the needed finances.* Hayagriva is ready to invest the required money, so your cooperation and help will further make easier our attempt. Please therefore cooperate in consultation with Hayagriva who is the chief man in this matter. I shall also be in New York as well as New Vrindaban in the month of April. So if I am present there, I think that your help will be of great value. Actually we want such houses as you have submitted plans for. Nara Narayana is in New York already, so you may consult with him and help him in this attempt by mutual cooperation.

Letter to Tamala Krsna -- Allston, Mass 26 April, 1969:

From yesterday, since I have come to Boston, I am feeling little backache. There is no unbearable pain, but when I stand up or walk, it is a little difficult. I think it will be cured within two or three days. So without investing further money in our present temple, because it has now become uncertain, we shall carefully save some money for investing in some new place. As our devotees are now coming by cars, we can go to a distant place undoubtedly. I have seen that there is one church just near the Bank of America on La Cienega Boulevard. I do not know to which sect this church belongs, but that church is very suitable for your described purpose. There are many churches everywhere like that, and if some of the proprietors are convinced, we can utilize such churches for this Krishna Consciousness movement for the general welfare of the mass of people.

Letter to Brahmananda -- Allston, Mass 6 May, 1969:

I am in due receipt of your letter dated May 2, 1969 on your new letter-heading, "Iskcon Books." Regarding the MacMillan Company's printing Srimad-Bhagavatam, we may note herewith that the MacMillan's publication of the Bhagavad-gita As It Is and our publication of Teachings of Lord Caitanya is the difference between heaven and hell. If MacMillan Company can invest their good money for publishing our Bhagavatam, they must take the standard as we have presented. The first canto cannot be reduced less than 200 pages. In the Bhagavad-gita As It Is, we have cut short the pages under the instruction of the MacMillan Company, without explaining many important verses. We are presenting a new philosophy to the world against all foolish impersonalist, atheistic, agnostic and all other imperfect philosophies. Therefore we must have sufficient chance for explaining the purports of Srimad-Bhagavatam. So if MacMillan agrees to these conditions, then we can entrust the publication of the Bhagavatam in their hands. Such a big company, world famous publishers, and we are giving them the topmost transcendental knowledge in the world. Why they should become miserly in the set-up and quality of the book?

Letter to Brahmananda -- Los Angeles 1 July, 1969:

Now the $600 which we have saved from the ISKCON PRESS establishment may be invested in improving our New Vrindaban scheme. I am writing to Hayagriva to transfer the property in the society's name, and I have already talked with him. So far as my books are concerned, work with great enthusiasm to print, sell, and bind them in cooperation with the other boys. I am glad that Gargamuni is coming here to improve his business in cooperation with Tamala Krishna. This is nice, and I have full approval. I hope this will meet you in good health.

Letter to Brahmananda -- Los Angeles 11 July, 1969:

I thank you very much for your letters dated July 7th and 8th, 1969, and I beg to acknowledge receipt of your check for $2,000. Regarding your price quotation of $5,850 for printing soft-covered editions of TLC, Uddhava once quoted me a price of $3,500 for 10,000 copies without binding. Does it mean that for binding we have to pay more than $2,000 extra? In that case our men can bind it. Why should we pay extra if our men can do it very cheaply? Here in Los Angeles also I have been looking for printers who can do our books and magazines. I will let you know if there is any good result. Regarding New Vrindaban, immediately there is no program for investing in New Vrindaban until Hayagriva transfers the property in the society's name. But there is another program: Bhaktivinode Thakura desired that American disciple would come to Mayapur to take advantage of the birthplace of Lord Caitanya Mahaprabhu. I wanted to make one American home there, and I asked for a piece of land there from my Godbrother, Tirtha Maharaja.

Letter to Gaurasundara -- Los Angeles 13 July, 1969:

Regarding BTG, I am so glad to learn that your center will be a good distributing place. Do you think that you shall be able to distribute 3,000 copies? Then I shall ask Japan to deliver the copies directly to you. We are charging from different centers $750 for 5,000 copies of BTG. Similarly, for 3,000 copies you have to pay proportionately, and the marginal profit will be 25 cents to 35 cents per copy. So even if you make 25 cents profit, and you can sell 3,000, that means about $750 to $1,000 profit. If you pay $750 per month, you get 5,000 copies, and by selling only 1,500 copies you realize your investment money, and you have 3,500 more copies to distribute. So we have to calculate business like that. If you think you can sell 3,000 copies, I shall notify Japan to send them directly to you.

Letter to Brahmananda -- Los Angeles 22 July, 1969:

You write to say that the Printing Department has $3,000. Does this mean $3,000 including the collection from selling TLC? In my idea the softcover edition should be printed by realizing money from the hardcover edition in which you have already invested $6,000. That should be our business policy. I wish to know how much you have collected thus far by selling TLC hardcover. That amount may be invested in printing softcover edition. Or if you think that the softcover edition will have immediate good sales, then we can invest the extra amount. I do not think that putting the advertisement on the cover as you have mentioned it will be very good. Everything should be exactly like it is, with the addition of the index. But the cover, the printing and the paper should be exactly as they are in the present edition. The price for the softcover copy should not be less than $2.95. Another thing is that if MacMillan Co. has decided to not print our Bhagavatam, then this also will have to be printed by ourselves immediately.

Letter to Brahmananda -- Hamburg 30 August, 1969:

So he should immediately begin this bahudaka program and collect money from outsiders, not from insiders. And as he is in charge of New Vrindaban, he may invest all such collection for the development of New Vrindaban, and before this Hayagriva must transfer the property to the society's name. So far as investment of the society's money for New Vrindaban is concerned, certainly it will be done in New Vrindaban, and not only the money which Kirtanananda Maharaja collects, but also, if need be, any center will invest money. But that investment should be in proportion to food and salt. To make it more tasteful, one adds salt to his food, and similarly, every center should be independently developed by supplying the food, and the society, if required, will supply the salt. For the present, all energy should be diverted to start a nice press for our publication work. So there is no extra money for the society to invest in New Vrindaban. Neither you can spare any money to anyone without my permission. Whatever you possess now in funds, that is not your personal money, so how can you execute the request of Kirtanananda at the present moment? I think you will understand the matter rightly and do the needful.

Letter to Gargamuni -- London 22 September, 1969:

I am not very much enthusiastic to publish our books by some publication house, including MacMillan and Company. So far as I know, Ramakrishna Mission has their own publication organization; Aravinda Ashram has their own publication organization; Theosophical Society has their own arrangement; Bible Society has their own arrangement; Ravindra Natha Thakura has their own arrangement. So why Iskcon should fail to have its own organization? The thing is that the publishers are interested in money. They will make a condition that you purchase 5,000 copies, investing your money, and give some restriction that you don't go to booksellers. That means they publish with our money, our literature, and sometimes, if somebody goes to sell to some bookseller, they take strong objection. At the same time, they want to publish from the business point of view, without taking into consideration the aesthetic and philosophical side of the literature. I am enclosing herewith one copy of the letter of the MacMillan Company sent by Brahmananda to me, and you seriously consider the whole situation along with Tamala and let me know your definite opinion what to do.

Letter to Madhudvisa -- England 30 September, 1969:

The present temple is nice, but I think the accommodation is not sufficient. Under the circumstances, we must find out some bigger place to accommodate all our devotees. I am glad that you appreciate the behavior of Sriman Gaura Hari Brahmacari, and please see that everyone of you becomes ideal devotee so people may see your exemplary character. It is stated in Bhagavad-gita that one who is in Krishna Consciousness, all good qualities of the demigods develop in him automatically. So see that everyone of you chants the prescribed rounds and follows the rules strictly along with chanting and dancing. Then you will see Krishna fulfill all of your desires. As you know that we are now opening a press in Boston, we shall be requiring a $20,000 investment in this connection. So if I need some money, I may ask you. Otherwise you may keep your money for investing in the house affairs.

Letter to Narayana Maharaja -- Tittenhurst 30 September, 1969:

I beg to acknowledge receipt of your letter dated September 14th, 1969 and I have noted the contents. I am very much perturbed to learn about your sick health. I hope by the Grace of Lord Krishna you will soon recover. Please offer my obeisances to Muni Maharaja. Regarding sponsoring Mrs. N.K. Achamma, I beg to inform you that to sponsor a person from India means to send him immediately a return ticket by air, which means Rs 12,000. I do not know who will be agreeing to invest this money for an unknown person. Although she has got money, she cannot spend it for coming to foreign countries. Therefore, sponsoring means the money should go from the foreign country and then she can come. Anyway, at the present moment I am living in London, a few miles off, at the above garden house. When I return to the States, I shall try to find out if somebody can help her. I am enclosing herewith two newspaper cuttings which were published on my arrival in London. You can publish this news in your Bhagavat paper.

Letter to Brahmananda -- Tittenhurst 3 October, 1969:

Then the property may be transferred to the society's name. This is one thing. Another thing is that just at the present moment I do not think the society can invest any money in New Vrindaban, for the reason that we are starting this press, and until this press is all established I do not wish to divert my attention to New Vrindaban. Another difficulty is that nobody is staying in New Vrindaban. Even the boy Hrsikesa has left, and recently I received on letter from Ranadhira that Hayagriva and Kirtanananda are also not there. New Vrindaban is now in charge of Ranadhira, so on the whole people are not being attracted. In your next president's meeting you can consider these points. Tamala is trying to purchase some very nice property in Beverly Hills. The project is to establish there a nice Iskcon library to attract the richer class of men in that area. I do not know how far we shall be successful in this attempt, but if we are successful in purchasing a property there, it will be a great stride for our propaganda work. It is understood that the most selected persons of the Western world, both Europeans and Americans, they live in that quarter of Los Angeles. So why not a center there? That is the contemplation.

Letter to Brahmananda -- Tittenhurst 27 October, 1969:

Similarly you should decide about what is to be done with the North Carolina center. I have no objection if they move to some other place. Perhaps they will require some other nicely trained brahmacari to give them assistance either in North Carolina or some other place. So decide amongst yourselves what is to be done and do the needful. This is management. You have asked about the management of our society, and the position is that management should be done in such a way that people may not break away. That is the first business of management. I have already explained the matter to you and Tamala, so you do it consulting amongst yourselves, gradually coming to the general governing body for managing the whole affairs. At the present moment whatever you are doing is all right. Regarding New Vrindaban, the society does not require to invest now. Kirtanananda is managing. That is all right. So far as Rayarama is concerned, let us wait till he satisfies his Mayic business.

Letter to Gargamuni -- Tittenhurst 29 October, 1969:

Regarding your keeping some Book Fund money aside for investments, that is all right. Regarding the documents from Bina Musical Instruments, I have received note that they are expecting to ship the goods by the 20th, and as soon as they get the shipping documents they will deposit in the bank and take payment. Unless the documents are presented the bank will not pay.

Letter to Sridhara Maharaja -- London 7 December, 1969:

Another point I beg to inform you is that His Holiness Yayabar Maharaja has got land in Ishodyan and he wants Rs. 10,000 for it. He says that he wanted to construct some Math, but for want of sufficient resources he could not do that, so now he wants to dispose of it. I have requested him to donate this land to our institution because the land was meant for some service to Sri Caitanya Mahaprabhu. Since he could not utilize it by constructing a temple or building there, I am prepared to do it for the service of the Lord and in pursuance of the desire of Bhaktivinode Thakura. If he donates that land to our institution, we can immediately invest Rs. 200,000 minimum for constructing a temple and home for the European and American students. I know Sripada Yayabar Maharaja always abides by your good advices. So if you think it is proper, you can advise him in the above manner so that we can fulfill the desire of Srila Prabhupada by mutual cooperation in the matter of discharging His Mission. I hope you will kindly understand me right and do the needful. Thanking you in anticipation.

1970 Correspondence

Letter to Hamsaduta -- Los Angeles 23 January, 1970:

The xerox machine which you have purchased may be used for some other purposes because when you have invested some money, it must be utilized. In the BTG we are sufficiently printing pictures of our Sankirtana Movement. Do you think any special advantage will be there by printing separately something which may minimize the sale of BTG?

Letter to Satsvarupa -- Los Angeles 15 February, 1970:

In this connection, I may inform you that I have heard there is some difficulty for working on our press. I was talking yesterday with Gargamuni that the press will require an investment of great amount of money to keep it going on nicely, so please let me know what is the actual position. I understand there is some confusion about the press working and it is also understood that this confusion is due to my direction. I do not know what they mean by this. Yourself, Brahmananda, and Advaita are appointed as three directors of the press, and why there should be confusion on account of me? So many things daily I here from Gargamuni and he again speaks to Brahmananda, so let me know clearly what direction you want from me in writing.

Letter to Acyutananda -- Los Angeles 15 March, 1970:

Regarding Mayapur land, I understand that ____ Ali is in problem for keeping the money. I understand that he wants to invest the sale money to purchase another suitable land, but he has no such land in his view at present. Therefore he does not wish to sell the land. This plea is not very sound argument. But in this connection, he may be informed that why he should keep the sale money at home? He can make a fixed deposit of the money in a bank at Navadvipa, and he will get interest also. Then when he may find some land, he can withdraw the money.

Letter to Hamsaduta -- Los Angeles 22 June, 1970:

Yes, Kulasekhara is a first class press operator. It is nice. We also started in Boston because Advaita is a first class press operator. But the point is if we do not have a nice press, what is the question of press operator? We have invested in Boston about $20,000, but still it is not well equipped and the major portion of our printing work is being done in Japan. Until we can open a very nice press and print our literature up to date it will not be a good investment. If you want at all the BTG in French and German languages published locally, better you try to get it from a local first class press. I understand that in Germany and Holland there are many well equipped presses.

Letter to Satsvarupa -- Calcutta 13 September, 1970:

Now I have invested the GBC for maintaining the standard of our Krsna Consciousness Society, so keep the GBC very vigilant. I have already given you full directions in my books. Please counteract this contamination which has been spread throughout our Society.

1971 Correspondence

Letter to Rupanuga -- Bombay 24 April, 1971:

Recently I have received one letter from Hayagriva in which he wanted to know in 24 hours whether I could pay $20,000, but I have already given $20,000 to BTG. Besides that, New Vrindaban has to be developed very nicely but whether Hayagriva has already transferred the property to the society's name? This is required now. We require seven temples in New Vrindaban and 50% of the membership collection (Building fund) may be invested for this purpose. But Hayagriva should transfer the property to the society's name.

Letter to Madhudvisa -- Nairobi 26 September, 1971:

The Peddar Road property sounds very nice, so negotiate seriously for it, taking help from Mr. Chambria. In the meantime, if possible you can send me a little description of the house. We require a big hall. That is essential. What is the use of taking the Neapensy Road apartment if kirtana is not allowed? Better forget this place. So far Akash-Ganga, the month to month payment is very nice arrangement, so go on with it.

So far your idea to invest money, the first consideration is whether the investment will be insured or not. If it is, then you can establish what is your expenditure for one month and then calculate it for one year and then invest that amount so that the interest received will cover your expenditure. But this is not such a good proposal. Better that you maintain yourself by monthly subscription of cash and kind from so many persons. Then preaching will go on and so many persons will be benefited.

Letter to Karandhara -- Nairobi 9 October, 1971:

If you think it is wise to purchase that house you can give the loan of $15,000 from the amount of $33,000 advanced to BTG a/c. But one thing is that these amounts are especially kept to meet emergency credit with Dai Nippon because twice I paid them at the rate of $20,000, to meet their immediate demand. So our credit is maintained with them. So this $15,000 loan to the Dallas school scheme must be returned very quickly because it is emergency fund. If it becomes blocked on account of purchasing property then I do not think this money should be invested in that way. So if you consider that this money will be returned as soon as possible, not later than six months, then I allow you to give them the loan.

Letter to Jadurani -- Calcutta 4 November, 1971:

I am in due receipt of your letter dated 24th October, 1971 and have noted the contents carefully. So far whether to print posters, of course paintings are always nicer, but if posters can be printed I have no objection. If good printing is done, as you have described, then where from the money will come? So whether such investment is possible; you should consult with Rupanuga in this connection.

So far the prints you have sent photos of, they are bona fide but for the ordinary man they appear sensual. So better not to display such prints or paintings, not even in our temples.

Yes, one should always be engaged in important work as much as possible. Bharadraja is expert in so many things; he is expert kirtana leader also. So if he is needed for these related fields then let him devote part of his time in that way.

Letter to Rupanuga -- Vrindaban 30 November, 1971:

There is no limit to expanding—you talk of expanding—we have to invest more and more to remain modern by purchasing machines, etc. But if the machines we have cannot even be utilized properly, then what is the use of expanding? I want that all of these big plans should be realized, and there will be no end to the resources Krishna will provide, but first there must be good management. Who will manage? But I have no objection if you can develop the Press by making outside profit with commercial work and investing—that is all right.

Letter to Rupanuga -- Delhi 5 December, 1971:

Regarding Krishna Book paperback size, I originally intended the pocketbook size for the Africans, who have not got sufficient money. And if Brahmananda is ready with at least half of the total cost for printing 50,000 copies each volume or 150,000 copies total, then let him send and we shall invest for recomposing. I think the total cost is $36,800, so he will have to supply at least $18,400 before we can spend for recomposing. So I think the best thing is to reduce our existing plates to 5 1/4 x 7 1/2 size and print Krishna Book in that way, as many as required. But I have just received a letter from Karandhara, wherein he proposes to establish a rival ISKCON Press in Los Angeles. This is a very good idea. It will accelerate my work, especially when I return to L.A. So he is thinking to buy some computerized typesetter which will reset Krishna Book type in a very short time for a pocketbook edition. So you all GBC members discuss among yourselves what is to be done, but I have no objection to the 5 1/4 x 7 1/2 size. It is still legible for everyone.

1972 Correspondence

Letter to Satsvarupa -- Bombay 5 January, 1972:

Regarding the land called New Naimisaranya, unless the land is signed over to us with proper documents, we should not invest any money in it. As you think best some of our devotees may stay there and even keep cows if this is feasible, but there should not be any money invested from our side until we are the legal owners.

Letter to Gargamuni, Subala -- Bombay 8 February, 1972:

The total balance due will be 12 lakhs, to be paid in 4 years time, at 3 lakhs per annum. Your big brother, Brahmananda, has assured me he will come here and take full charge to make this the first ISKCON City, and immediately we shall raise up a grand Temple and form a cooperative housing society of devotees of Krishna, and many respectable men will purchase flats in our skyscraper building. I want that you will assist your brother in this great project, along with Madhudvisa and others, but we shall plan everything out nicely when we meet in Mayapur later this month, at least by the 22nd. So in that case I think you should work with Ksirodakasayi in this court-case matter, so in your absence he may take charge of it nicely.

So far the iron gates, let us wait until the court decides in my favor before investing so much. Meanwhile, secure the doors with very strong locks.

Letter to Bhakta dasa -- Calcutta 21 February, 1972:

Please inform me of the result of your spending $500 for advertising for our Krishna Book. If such expenditure proves successful, then we may spend thousands of dollars and make Krishna Book very famous all over your country, that is, if the money invested comes back manyfold in the form of amount of books sold, by making these radio advertisements.

I am also encouraged by your going to that small town near San Diego and getting such a good result from your preaching work there. Similarly, why not go from town to town throughout your entire area, even they may be small villages only, and hold such programs. This is real Sankirtana. Also you may inform the other centers of this process of going out to the surrounding small towns on preaching missions, how to do it nicely.

Letter to Gurudasa, Yamuna -- Tokyo 25 April, 1972:

So far our books are concerned, Karandhara has just dispatched 5,000 copies of each volume of Krishna Book, paperback edition, or 15,000 books total to Bombay. I shall ask him to send you the full information so you can get CCP immediately so there will be trouble when the books arrive there. All books which we import will be invested in India, it is not that we shall sell and take the money outside. No, the money from sales we shall spend in Bombay, Mayapur and Vrindaban.

Letter to Tamala Krsna -- Tokyo 25 April, 1972:

If possible see Sri Mujibur Rehman, president of Bangladesh, and show him evidence that Parsis, Jews, Christians, Muslims, all parties are participating in this Krishna Consciousness Movement—so why they Bangladesh Muslims should not join? We want to unite everyone culturally. Without this, every society is imperfect, but with it, society is perfect. All intelligent leaders of society should try to understand in depth this fact. So take the help of Sri Bhakti Turyasrami and implant one center there at Jessore. He has land but no money, so we should invest a little money and open one center. Have a huge prasadam program. Gurudasa has secured foodstuffs from the American government, and I think he has acquired an excessive amount, so balance can be distributed, part to Jessore, part to Bombay, where they are also having a successful prasadam distribution program. Now there are many devotees coming from London and USA, so utilize them for vigorous propaganda in India and Bangladesh. All these reports are very much encouraging to me. Thank you very, very much.

Letter to Giriraja -- Honolulu 15 May, 1972:

So far the building plans, they are nice. I have already sent telegram to Cyavana reading as follows "Fully approve your plans. Go forward immediately," and I have sent you the copy of plan with sketch of domes on the temple roof. So do the needful. So far our investing, where is our money to invest? We have no money to invest. Our process is to collect and spend, from left hand to right hand, or from right hand to left hand. So far you are revising your plan to fit the Los Angeles skyscraper, I do not say that is necessary, it is only a suggestion. Whichever is nicer, you do. Cyavana says that the L.A. skyscraper is impractical for India because it will have to be air-conditioned, so there is no need to follow this plan if it is impractical there. But I am thinking to invest some money to provide for maintaining Vrindaban and Mayapur temples. So in that case, we can follow Indira's instructions, but this will be done when we go back to India, not now. So far the scheme to give Rs. 10,000 and get Rs. 12,000 in return, it is not bad proposal, but we shall think it over and let you know.

Letter to Bhagavan -- Los Angeles 16 June, 1972:

I am in due receipt of your letter dated June 9, 1972, and I have noted the contents carefully. My money is already invested in a Mayapur Trust Fund, so there is no possibility of lending you any money. Furthermore, in your absence I don't think there is need of very big house. If you make arrangements for purchasing two big, big houses and then go away, then that is not very good proposal. To purchase our own house in Los Angeles, London, these headquarters are required as permanent but we should not be very much anxious after purchasing many houses and properties. In future through out the society, it is better so far as possible that we should rent. Big house means big responsibility. So unless there are many men, and very big propaganda, buying house is risky and unnecessary.

Letter to Satsvarupa -- Los Angeles 1 July, 1972:

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 your question, Yes, it is good to be prepared with a well-thought lecture in advance. However, we must be able to preach effectively at a moment's notice or under any conditions or circumstances also. As you begin to study the Sanskrit words, in each word you will find a treasure house of different understanding.

Letter to Hrdayananda -- New York 9 July, 1972:

Now you must all three, along with the other sannyasis, GBC members, and other leaders become very serious to actually give the human kind the greatest welfare, namely, this Krishna Consciousness movement. Your task ahead is very huge, but it will be quite simple and easy if you simply do as I am doing. You must become conversant in every feature wherever it is needed throughout the society. Out first business is to preach to the devotees and to maintain the highest standard of Vaisnava education. Management must be there as well, just as I am preaching daily from S. Bhagavatam, B.G., but I am also going to the bank, making investments, seeing the trial balance making letters, seeing how things are going on, like that. So you must become expert in all these matters, just as I am giving you example . . . Syamasundara has passed on your telephone message that you wish to open a Vedic college or school of higher Krishna Consciousness education there at Houston.

Letter to Karandhara -- London 1 August, 1972:

I beg to acknowledge receipt of your letter dated July 27, 1972 and I have noted the contents carefully. You have paid the bank $6250.00 and the balance remains $57250.00. I can pay you $56000.00 by advising the Bank of America, and the balance of $1250.00 you can find, and the escrow will be fully paid. Regarding the corner property, for which you have offered $73500.00, that is a nice proposal, if the book trust can purchase the whole building outright as an investment and collect the rents as dividends.

Letter to Yadubara -- Manila 13 October, 1972:

I beg to acknowledge receipt of your letter dated September 30, 1972 and I have noted the contents carefully. Concerning your request for money for Hindi and Gujarati BTG's where is the money collected from the first editions. For any magazine published money should be collected and then republished. Accounts should be kept—money invested money collected. What is this that every time money is invested, then for a reprinting, more money has to be invested?

In my last letter I informed you that 70,000 and 29,000 rupees were transferred from the Book Fund, whether this money has been returned to Book Fund. So there is no information in your letter about this, so let me know in Vrndavana whether this fund has been returned yet. Mahamsa knows it, Giriraja knows it and you as secretary should also have known it. So when I return you should inform me and then I shall do the needful.

1973 Correspondence

Letter to Dr. Singhal, Mr. Saraf, Dr. Poddar, Mr. Vasista, Giriraja -- Auckland 21 February, 1973:

When I left Bombay I formed a committee of you all to negotiate with Mr. Nair but I did not hear anything from you since I left. What is the position now? If possible settle with Mrs. Nair paying her cash down or Rs. 1,400,000/. Out of Rs. 1,400,000 suppose we have Rs. 500,000/ and the balance Rs. 900,00/ can be advanced by any mortgager. If it is possible try to do it. Otherwise unless Mrs. Nair pays back all our invested money in the Juhu land do not vacate the land under any circumstances. If you stick to your principles certainly Krishna will help and the indications are already there.

Letter to Karandhara -- Bombay 31 March, 1973:

For two houses in M-V we are supposed to get 1600 dollars per month. Now we got three, but we get only $750 per month. What is the benefit? 12-13% interest was the original idea of investing but now you have given calculation for 6 1/2%. I do not know how you have decided this, to take so much burden of maintenance for so little return.

You have said Kesava is going to Tokyo as president, but what he will do there? Wherever he goes he cannot stay fixed up long. So how can he manage if he cannot stay regulated?

Letter to Giriraja -- Los Angeles 14 April, 1973:

I have kept nine lacs of rupees reserved for cash payment to Mrs. Nair. I do not know what is the judgement in the matter of Chhanganlal case. If he is taking the land then we must have full payment of our investment, damages, interest, etc. Please let me know what is the actual position. I am very much anxious to know. I do not receive any letter either from you or from Tamala.

Letter to Atreya Rsi -- Los Angeles 29 April, 1973:

I am in due receipt of your letter dated April 25, 1973 and have read the contents carefully. Regarding purchasing the Washington D.C. Temple, yes, we can do it. We can invest $70,000.00, and Damodara can pay $700 per month net rent. So you negotiate, and we shall purchase in name of M-V Trust. But, here in L.A. we have invested $63,000 in one house and we are getting $800 per month rent. So you consult with Karandhara and do the needful.

Letter to Lynne Ludwig -- Los Angeles 30 April, 1973:

So after surrendering to Krishna, that will be the final receptable for investing his love: in God. If somehow or other anyone develops their dormant love of God—love of god is present there in everyone, just like fire is there in the unlit match, covered-over—if Krishna becomes the Supreme Adorable Objectality, the Supreme Friend, the Supreme Master, the Supreme Lover—then, oh, he shall never again become disappointed or unhappy. Rather, because his loving propensity is rightfully placed,

mac-citta mad-gata-prana, bodhayantah parasparam

kathayantas ca mam nityam, tusyanti ca ramanti ca,

(BG 10.9)

the devotee, one whose life is surrendered to Krishna, is always enjoying "great satisfaction and bliss" and he is constantly "enlightened", always positive, not negative as you say.

Letter to Karandhara -- Bhaktivedanta Manor 19 July, 1973:

Regarding deposits in my bank account, yes, in the future you may make deposits in account number 366 8 80613. In the meantime, I am sending a letter to the Bank of America authorizing them to transfer $700.00 from my checking account to my investment account.

Here at Bhaktivedanta Manor the place is the nicest possible. It is calm and quiet and the village is neat and clean. I am daily walking in the morning with all devotees and I am taking the usual class from 7-8 A.M. Very respectable gentlemen are coming in the evening. Last night George Harrison came. He has become a great supporter of our movement. He may spend more for expanding our activities. He told me smilingly yesterday, "I shall try to help you for expanding many temples." So arrangement is going on here for installing the deity on Janmastami: Many Indians are also coming and we are proposing to start a Gurukula here in London so that Indian children may be admitted. Indian gentlemen are perplexed because there is no institution to admit children to keep intact the Indian cult. So our idea of teaching sanskrit and English and our books they appreciate very much. If we start another Gurukula here I think it will be not an unprofitable activity.

Letter to Mahamsa -- Bhaktivedanta Manor 8 August, 1973:

The Hyderabad caste brahmanas came to fight with me on the issue that brahmanas are made by Birth, but we do not follow this principal, therefore now if we accept this defective donation and later on this question is raised that we are getting the Deity Worship maintained by Europeans and Americans who are not born in brahmana families there will be great litigation on this issue and it may be judgement is against us, then what we will do? We have to invest lakhs of Rupees on this temple construction and if later on this is cancelled as you write distinctly "The deed of trust shall stand as cancelled and the property hereby conveyed in trust shall revert back to the author of the trust." So you think we are going to take such risk? Suppose it is going to be reverted to the author of the trust which means he gets the property worth lakhs of Rupees invested by us. Tamala Krishna has no sense that he wants to settle up the things in court as he has done in our Bombay affairs. Un-necessarily he has cancelled our sales agreement with Mrs. Nair and we are suffering so much in litigation. So, he has not gained any experience what is the meaning of going to court. Therefore I can not agree with him that we shall prove in court that we are doing alright. We do not want to keep any clause in the deed of gift which will generate a sort of litigation with the __ in the future. The trust gift must be unconditional.

Letter to Karandhara -- Paris 11 August, 1973:

I beg to acknowledge receipt of your letter dated 22 July 1973 and herewith please find another two checks. 11-66/1210 No. 143 for $100.00 and 24-191/1230 No. 298 for $150.00 which you please deposit in my investment account No. 8-80613 Bank Branch 366.

Regarding the book transaction with the company Routledge & Kegan Paul Ltd. I see that you have already some correspondence with them. On the whole I see that the agreement is not good. So you can do the needful in this connection.

Letter to Karandhara -- Bhaktivedanta Manor 17 August, 1973:

I beg to acknowledge receipt of your letter date August 11, 1973 and the duplicate deposit slips.

I herewith send you three more checks;

1,111.00

300.00

108.00

1,519.00 US DOLLARS

all of them may be deposited in my investment account No. 8-80613 Bank of America 366.

I hope this letter meets you well.

Your ever well wisher,

A.C. Bhaktivedanta Swami

ACBS:hda

N.B. Syamasundara Prabhu is still unable to pay because the things are not sold yet. Let us wait & see.

In the investment a/c they do not receive less than $100.00 at a time.

Letter to Karandhara -- Bhaktivedanta Manor 25 August, 1973:

Enclosed please find one check for 18.38 dollars U.S. Please deposit this check in my investment account at the Bank of America, Culver City branch. Thank you very much.

Letter to Gurudasa -- Bhaktivedanta Manor 13 September, 1973:

I beg to acknowledge receipt of your letter dated August 29, 1975 and I have noted the contents carefully. You posed 5 questions regarding Radha Damodara temple and I shall answer them one by one. I was not actually living in Vrindaban, but Delhi and when I came to Vrindaban for short periods I would stay at Radha Damodara Temple. I began paying rent in 1960 at that time I was staying in two rooms upstairs then one of the Goswamis asked me if I would like to stay in the two rooms below where one Babaji who was taking care of the tombs was staying. The rooms were very dilapitated so he proposed that I fix the rooms and whatever I pay as rent would be all right. I invested about 1,000 Rs/. and paid him 5 Rs/. monthly, recently I have increased the monthly payment to 10 Rs/. to meet the rise in general standard of living. I do not know anything about any breaking of looks.

Letter to Karandhara -- Bombay 27 September, 1973:

I am also very much pleased to learn that now in San Diego there is Radha Krsna Deity and They are being worshiped very nicely. Here the land negotiation and compromise with Mrs. Nair is almost complete. We have to pay immediately 14 lakhs 50 thousand, plus stamp duty, etc., so nearly about 16 lakhs. The major portion of this amount is being contributed by Bali Mardan. . Still we have to arrange for transferring 20 Krsna Books. . That you have to arrange and on hearing from you I shall advise you. .

Herewith please find a check for Dollars 111.11 which please deposit in my investment a/c. So far my going back to L.A. is concerned, it was my plan to go there by October 10, but I don't think the negotiations with Mrs. Nair will be completed before October 27, therefore I want to go back to Los Angeles after completing this transaction.

Letter to Karandhara -- Bombay 19 October, 1973:

I am enclosing herewith two checks, #482 for $200.00 and #148844 for $10.00. Please deposit them in my investment account.

Letter to Bali-mardana -- Juhu, Bombay October 23, 1973:

You can deposit daksina in my American Investment Account Bank Of America Branch #366, Culver City Account Number 8-80613.

Letter to Karandhara -- Bombay 23 October, 1973:

I am enclosing a check for $15.00 No. 175639 drawn on Banker's Trust Co. U.S.A. by the Commercial Bank of Australia, Melbourne. Please deposit it in my investment account. Also enclosed is one slip which needs to be given at the Bank of America Culver City Branch, AttN; Marie.

Letter to Jayapataka -- New Delhi 12 November, 1973:

Regarding the Government's plans to construct a three crore tourist lodge, why not give the money to us, and we can construct? If this money is used for four such buildings as we have got plus a temple, this will satisfy the Government as well as our needs. You should try to get them to invest in our residence building construction. Tourists will come due to our canvassing. The Government can construct, and we can manage.

Letter to Tamala Krsna -- Los Angeles 1 December, 1973:

I am anxious to know if there has been any response from the Home Minister of India to the letter I wrote him while I was in New Delhi regarding the Indian Government assisting us in the development of our Juhu Beach Project. Our idea is to construct a hotel for American and European tourists to come and learn about factual spiritual life. While they are coming, there will be foreign exchange and the Indian Government is very much in favor of this. In this way, if we can convince them to help us by granting permanent visas for 100 to 150 of our men it will be a solution to our visa problems. Also, why not solicit a loan from the Government for 2 crores for developing our Juhu Beach Tourist Hotel. We will repay them in foreign exchange. You can point out that we have already invested up to 20 lakhs in foreign exchange so our projects in India are advantageous to the Indian economic development. This is the key to Governmental support in India.

Letter to Tamala Krsna -- Los Angeles 5 December, 1973:

Regading the Government loan for our tourist hotel, we have already invested twenty lakhs so they may loan us at least 1 crore. Do it carefully. If we construct a very attractive hotel many tourists will come just like the Holiday Inn.

So far as the arrangement with Australia for trading books for ghee, go ahead and do it with my permission. Karandhara has agreed.

1974 Correspondence

Letter to Madhavananda -- Hong Kong 1 February, 1974:

I beg to acknowledge receipt of your letter of January 14, 1974.

Please see that accounts are kept carefully, not that money is taken for whimsical expenditure. Be vigilant. Syamasundara has made a scandal by taking money of the society's and investing it in business. This kind of thing should be carefully watched. I am still awaiting repayment from Shayamasundar.

Letter to Guptaji -- Vrindaban 7 February, 1974:

This statement of Kasiramji has given me much concern. He said personally to me that under dictation of Srimate Radharani he has given the land to us in charity. We have invested already lacs of rupees for constructing a temple, and now if he uses the front portion for other purposes there will be great damage to the view of the temple. As for your letter under reference, you said Nandalalji gave us permission to use the land as we like, but still we waited for final decision. But this is the position. Will you kindly see Mr. Nandalalji, brother of Kasiraj and settle this up so we can go on in our progressive construction work. Kindly treat this as very urgent and reply to us at our Bombay Center because I am going there on the 13rd.

Letter to All ISKCON Centers -- Vrindaban 14 March, 1974:

Now that our ISKCON is growing into a huge, world wide organization, it has come to my attention that sometimes centers are printing my literature, taking collection and spending all outside the jurisdiction of the Bhaktivedanta Book Trust. This must not go on.

I specifically formed the BBT to invest in it exclusive rights for the printing of all literature containing my teachings, writings and lectures. In this way the collections are to be divided fifty percent for printing new books and fifty percent for construction of temples.

Letter to Ksirodakasayi -- Bombay 11 May, 1974:

Giriraja das Brahmacari is the president here, Manasvi and Yasomatinandana and Caitya guru and the important managers, but they are all very young men with not much experience of the world. I understand you are now prepared to take on full time service of this nature, so I think this is the best place for you. I have invested about 20 lacs in this property and already the routine devotional service, deity worship and sankirtana is going on, but at present the police commissioner has denied us sanction to build our big temple according to our plans, and also the status quo is threatened as I do not think the boys can manage the buildings and land which we own here. Potentially things can be very wonderful here but it requires strong management which I think you can do. So consider my proposal seriously and I hope you will be able to come and lead management of Hare Krsna Land.

Letter to Ramesvara -- Vrindaban 13 August, 1974:

Regarding moneys collected, do not keep this money. Immediately spend on printing books. Perhaps we may require money for building purposes. This should be strictly followed: 50% for printing and 50% for building. No money should be invested for any business...

(TEXT MISSING)

He may require $100,000 for this purpose. Let me know if it is possible. I think it is possible but I want to hear from you.

Letter to Bali-mardana -- Vrindaban 14 August, 1974:

The money is being invested by Mr. Ford, and we can utilize the house for our Hawaii center. I think this project is nice.

Yes, it is already settled about Hamsaduta replacing Karandhara.

Letter to Ramesvara -- Vrindaban 3 September, 1974:

I beg to acknowledge receipt of your letter dated August 25, 1974 and have note the contents. Yes, it is good that you have understood me about not investing any BBT monies in business. Regarding the Spanish publications, it appears that these versions are shorter in length than the English ones. One thing is that Gurukrpa Swami has written that he will not be able to legally send any more money out of the country after the final payment to Japan, but you have written in your last letter that he would be transferring money into my account.

Letter to Hamsaduta -- Vrindaban 7 September, 1974:

Now you publish in German language all our books and distribute. Krsna will help you in every respect. The BBT collection should be spent 50% for publishing and 50% for construction of temples. At the present moment the Mayapur-Vrindaban projects are going on, so as soon as there is an excess of money it should be utilized here. Not a single farthing should be invested in any business enterprise. Formally it was so done without any sanction. So be careful. Regarding printing, you can print in U.S.A. or any other country. U.K. also has big presses, I have heard that Belgium is also good. Also Holland, and Germany is also good.

Letter to Pranava -- Mayapur 11 October, 1974:

Regarding the registration fee, I have purchased the Bombay land paying half and half. This is the system. I cannot invest more than 1 lakh in this transaction, including everything. But, your estimate is for more than that. Somehow or other I have secured this Rs. 1 lakh. It is not possible to pay more than this amount.

Generally a sales agreement is made when the papers are examined and the title certificate is taken from a bona fide lawyer. Then the conveyance is prepared on stamp paper. Then it is registered. This is the procedure. So where is the sales agreement?

Letter to Giriraja -- Mayapur 22 October, 1974:

Gargamuni Swami has returned with copies of letters from the BMC architect, the Bandra Asst. Engineer, and the letter regarding the land acquisition. Regarding the property evaluation, I have already written you how we have paid Rs. 200/- per sq. yard. From the developed portion we are receiving income per annum of Rs. 18,000/- including the tax deductions. The current rate of interest for an investment is 10%, so the value for this portion is Rs. 1,80,000/-. For the entire land we have paid Rs. 14,50,00/-; so the value for the undeveloped portion is Rs. 12,70,000/- (for 6,000 sq. yards) or Rs. 200/- per sq. yard. If they are calculating the value at Rs. 130/- per sq. yard, then we have paid more than the market value, not less.

Letter to Tejiyas -- Bombay 15 November, 1974:

Now both CBI and State Bank approached us to open a branch bank, so this should now be done, so we can get the foreign exchange transfers. We will be receiving minimum Dollars 10,000.00 per month. Bali Mardan has promised this. Besides this we are getting interest from investments in USA, and also from other sources. So please arrange for either one to open their office on our premises.

Letter to Hamsaduta -- Bombay 1 December, 1974:

Yes, we must invest our money in books and land, but no there will be no collapse as you have anticipated. Everything will be adjusted by the grace of Krsna. From my own experience I have seen when first class rice was selling at 8np. per kg, and now that is being sold at Rs. 8. That means that it is 64 times higher, but still people are eating, and the man who lives in care of the footpath he is also eating. So the man in care of the foothpath, and the man on the 30th floor of the sky scraper, they are living and still the inflation is going on. Man-made laws cannot work any rupture in Krsna's plan. Better let us remain now under Krsna's shelter fully dependent, and we shall remain unaffected by all the man-made difficulties.

1975 Correspondence

Letter to Giriraja -- Mexico City 15 February, 1975:

The interest rate here in the west is very low now, so I am thinking very seriously to invest about 410,000 dollars (approximately 32 lakhs rupees). I want to know immediately what kind of monthly interest I would receive if I was to put this amount in a fixed deposit for five years. Check with the big banks and find out what the highest interest rate would be. You can check with many of the big banks such as First National Bank, Punjab National, Central, Bank of India, State Bank of India, etc. Please see to this matter immediately without any delay and let me know by return post to New York Temple.

Letter to Mahamsa -- Melbourne 19 May, 1975:

I am in due receipt of your letter dated 7-5-75 and have noted the contents. Please find enclosed the copy of the draft agreement with my corrections made therein. The money you have requested can be paid, but unless there is a solid transference of the land over to ISKCON, then how can we invest any of our funds? It is not good business to invest money when it is not sure yet that the land will actually be transferred in the name of ISKCON. This must be considered very carefully before anything can be spent. Immediately send me one copy of the original trust document as drawn up by the settlor and I will examine it. After I have seen it, I will give my next instruction. Send reply to this letter along with copy of document to my Hawaii address: 51 Coelho Way, Honolulu, Hawaii, USA.

Letter to Karandhara -- Honolulu 18 June, 1975:

To help the preaching work, that is also preaching. If you can get money to help expand our preaching activities, that is preaching. We require money. Laksmi is the immediate assistant of Narayana. Narayana is always preceded by the word Laksmi. The Mayavadi philosophers do not touch laksmi, but we accept for the service of Krishna. We are not of the mentality of Ravana who took Laksmi from Narayana and became ruined. Keep Laksmi and Narayana always together and you will become as powerful as Hanuman. He is always worshiped along with Lord Rama and Laksmi-Sita. There are many temples of Hanuman in India.

Regarding investing money there in Iran, I have no objection if it is kept in Atreya Rsi's name. He is one of our men. Please send the complete details in this connection and I shall decide.

Letter to Gopala Krsna -- Los Angeles 21 June, 1975:

Regarding the maintenance for Vrindaban, that must come from Tejiyas in Delhi. Whatever he is sending, that you must use. If he can send only Rs.. 7,000/—, then you should maintain with that Rs. 7,000/- per month is no joke. Are other temples there spending like that, , Rs. 18,000/—per month? I do not like that Madras should pay for Vrindaban maintenance. Neither should Aksayananda Swami go out of Vrindaban on a collecting party. His business is to remain there and organize the temple program. I have heard reports that Dhananjaya is not following the schedule. So Aksayananda Swami must be there if Dhananjaya is not so expert. Also, the guest house should be organized to make income. Why have we invested so much money in the guest house? Please organize this.

Letter to Gurukrpa -- Evanston, Illinois 8 July, 1975:

If the restaurant is making profit daily of $200.00 as was reported, then they may purchase the truck by paying $100.00 per day. On the whole I am not in favor of investing in this property.

Regarding Manasvi's going to India, it appears that he is doing well in Hawaii. If the restaurant is going on, then Manasvi's presence is required. Then why should he change? In Bombay there is already a qualified accountant, so why should Manasvi be chief accountant? Occasionally he may go to India if his presence is required.

Letter to Gurukrpa -- Dallas 29 July, 1975:

Regarding investing in a new restaurant, it doesn't matter it may be $100,000. If there is profit there, then you can invest. I want that all of our householders be engaged in managing these restaurants.

You cannot sell the Hawaii house. It is a good house, and I do not approve selling it. If you want to expand, then you can purchase other houses for residences. I do not want any of our houses to be sold. I have no objection to your moving the farm on the same island with the temple, but you can purchase a farm separate and keep the present house. What will be gained by selling the house? I do not like this idea.

Letter to Mahamsa -- Detroit 3 August, 1975:

Anyway without court permission we shall not take the land. In the meantime it is all right that you invest only in moveable property. Of course you should not be thinking to sell any of the crops for profit. That is not our purpose. The village organization is that the local people produce their necessities like grain, vegetables, milk, and cloth; and for recreation they have the chanting of Hare Krishna. They should live there comfortably and have spiritual recreation. They should not come to the cities. I wish to introduce this ideal now. Then if we are successful this cheating civilization will stop.

Letter to Mahamsa -- Bombay 17 August, 1975:

Regarding the Hyderabad construction, it should not be stopped. I have received your request for the additional Rs. 40,000/- that I have agreed to give you, and this is all right. ___ you a loan you have requested for Rs. 60,000/-, but one thing is that it must be paid back. So many loans are given and they do not pay back. Please send me in writing that you agree to repay as soon as possible. Regarding the farm, we should not invest any money until it is transferred into our name.

Letter to Mr. Mohan Majundar -- Bombay 18 November, 1975:

I am in due receipt of your letter dated 12/11/75 and have noted the contents. I can be seen during the Lord Caitanya birthday celebration in Sridhama Mayapur. That will be in March of 1976.

We cannot invest any money in any film industry. I am very glad to learn that you will soon be freed from all family responsibility and join our movement.

1976 Correspondence

Letter to Hasyapriya -- Bombay 14 April, 1976:

I have received one telephone call from Srutakirti who is presently with our Ambarisa das in Boston. They are attempting to open a beautiful Hare Krishna Restaurant there and they say it is a good place. Ambarisa is prepared to make substantial investment to do this and the problem is that they require some householders to assist in the maintenance and cooking there full time. They need about 8 devotees to work full-time who are dedicated and would like to assist in the opening of the restaurant. It is also a good opportunity to see practically how this is done as Srutakirti and Ambarisa have good experience from the Hawaii Restaurant.

Letter to Gopala Krsna -- New York 11 July, 1976:

Why should we invest money in a guest room for the New Delhi Temple? After all the house is rented and is someone else's property, so why we should invest money in the house? We cannot receive guests in the New Delhi Temple. It is not possible. Only our own workers should remain. Unpaid guests should be discouraged in New Delhi. This should be discussed in the GBC meetings. No investment should be made. In a rented house we should not spend unreasonable amounts for alterations. To be "big" you must have a dharmasala. One room guesthouse does not make Delhi "big." So far as possible, guests should be avoided in New Delhi and only workers should remain.

Letter to Gopala Krsna -- Tehran 9 August, 1976:

Regarding Tejiyas and Delhi, I have already said that you should arrange whatever is suitable by mutual agreement.

Yes, you may fix up the life member rooms by investing a little money.

Letter to Jayapataka -- Vrindaban 28 September, 1976:

I am in due receipt of your letter dated 23rd inst. and have noted the contents. Regarding the Haridasapur land, first give the site plan and boundary statement and then we shall make plan with Saurabha. Yes, Gaura-Nitai Deities can be installed firstly as we generally do, also Lord Jagannatha and then Radha-Krishna, in three compartments. Formerly the construction was estimated at Rs. 50,000/-out of which Rs. 10,000/-is already with Prabhu Svarupa, Rs. 10,000/-we shall see for and Rs. 30,000/-shall be raised. If further investment is required that we shall see to it, but presently Rs. 50,000/-is maximum. Thakura Haridasa's murti can be installed.

Letter to Brahmananda -- Vrindaban 5 October, 1976:

Regarding land, yes, contact Ambarisa immediately and remind him that he wanted to invest some money. If he does that, that will be very nice, and I will give my sanction if he wants. You can purchase—that place is nice where Damji lives. (Ambarisa can be contacted through the Boston temple.) Mortgage is not to be done as the interest will be too high.

Letter to S. N. Sharma -- Vrindaban 9 November, 1976:

Yes, if you want to give us this land we shall be willing immediately to invest in developing a project there. We have long been interested in developing something in Delhi, but we were waiting for the opportunity. What Krishna preaches is meant for the weaker section. If they feel weak and abide by my direction, it is not my direction, it is Krishna's, they can be raised to the standard of the most exalted persons, even if they are all fools and rascals. The teaching is very simple, "man-mana bhava mad-bhakto mad-yaji mam namaskuru" (BG 18.65). Even a child can do it. Even the weakest child can do it if he is trained up. Let all the weaker section come to me. I shall train how to become first class men by chanting Hare Krishna Maha mantra and be fit for Krishna consciousness. That will solve all their problems. It is doing practically all over the world. I don't think there is any other institution throughout the whole world which can take charge of a weaker section and raise them to the standard of most exalted persons.

Letter to Gargamuni -- Vrindaban 13 November, 1976:

Regarding management in Vrindaban, it is improving in My presence. I hope it will go on nicely. The only problem is the guest house. There are practically no guests. Out of 44 rooms we cannot engage even one daily. So, here is the real problem. We have invested in this guest house about 25 lakhs. So, without utilization of these rooms, we are losing about 20,000 per month. This is the real problem. Other problems are minor, they can be rectified. So, amongst yourselves discuss this guest house problem, and when you come, please bring the solution scheme. Then I will be able to talk with you how things can be improved.

Page Title:Invest (Letters)
Compiler:Mayapur
Created:08 of Oct, 2011
Totals by Section:BG=0, SB=0, CC=0, OB=0, Lec=0, Con=0, Let=104
No. of Quotes:104