Theos-Talk Archives (December 2006 Message tt00838)

I would think it would also be helpful
to carefully read what Dr. Tillett actually wrote!

See his posting at:

http://groups.yahoo.com/group/theos-talk/message/38915

where he writes:

======================================================
At the beginning of the year it had assets of approx. $6.1 million, 
and by the end of the year approx. $4.9 million. Some $627,000 had 
been transferred to the ULT of New York. The Theosophy Company paid 
some $160,000 in salaries (although none of the Directors received 
payments).  Its income was approx. $1.3 million, and it owned land 
and buildings to the value of approx. $666,000. There were loans of 
approx. $110,000 outstanding to three named, but otherwise 
undescribed individuals.
======================================================

Notice that he writes:  

"[As reported in 2004 , The Theosophy Company owns]...land and 
buildings to the value of approx. $666,000."

Does this help?

Daniel
http://hpb.cc





--- In theos-talk@yahoogroups.com, "carlosaveline" 
<carlosaveline@...> wrote:
>
> Jake,
> 
> Are these "millions of dollars"  in cash, or are these "millions" 
in buildings, etc?  
> 
> In the USA, a couple of old big buildings (like L.A.'s huge and 
beautiful 'Theosophy Hall' inaugurated in 1927)  can reach that sum. 
> 
> It is easy to build suspicions.
> 
> It is the same as to put a price to the Adyar compound in Chennai, 
India, and then conclude that Radha Burnier has that money available 
in cash, and that she does nothing with that, etc., and so on. 
> 
> Naive people are quick to condemn and slow to get real information 
before judging. 
> 
> It is not a question of "not judging" -- it is a question of 
thinking before condemning. 
> 
> 
> Regards,   Carlos. 
> 
> 
> De:theos-talk@yahoogroups.com
> 
> Para:theos-talk@yahoogroups.com
> 
> Cópia:
> 
> Data:Thu, 21 Dec 2006 05:38:17 -0800 (PST)
> 
> Assunto:[Spam] Theos-World Re ULT Millions
> 
> > Re ULT Finances
> > 
> > 
> > Thanks to Dr. Tillet for this information 
> > of public record.
> > 
> > 
> > What the heck is going on here? $6.1 
> > million in assets - which can't be all 
> > books and Lodge buildings. Why in the heck 
> > does someone well-motivated like Wheeler 
> > have to work like heck to get donations of 
> > a few thousand dollars to publish a book?? 
> > Who are all these people? Why in the 
> > world would a Theosophical organization 
> > have millions of dollars for the personal 
> > use of a FEW people who few know - Why don't 
> > they open a soup kitchen or drill wells 
> > in Africa? As Emmett Small said to me once, 
> > in relating what GdeP said about financial 
> > difficulties - "...if you ever are not 
> > hard-pressed for money - then you are doing 
> > something wrong!"
> > 
> > 
> > Here I was feeling empathetic for ULT 
> > because because I figured they were 
> > hard-pressed (maybe most are...) - and 
> > they have millions.... (repost below)
> > 
> > 
> > Will wonders ever cease!
> > 
> > 
> > - jake j.
>