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It is a bad policy to send good money after bad money as in the matter of paying some past debts. That is not good business proposal

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Expressions researched:
"it is a bad policy to send good money after bad money as in the matter of paying some past debts. That is not good business proposal"

Correspondence

1971 Correspondence

It is a bad policy to send good money after bad money as in the matter of paying some past debts. That is not good business proposal.
Letter to Karandhara -- Surat 1 January, 1971:

The most important thing is that the money donated by Sai should be kept as I have directed you for some concrete project, specifically the construction of a large center here in India. So you please keep it intact and wait further instructions what to do with the $28,000. Otherwise, it is a bad policy to send good money after bad money as in the matter of paying some past debts. That is not good business proposal. I am sure those debts will be liquidated in due course by other means as I have suggested to you before and you have also indicated that in some time hence the BTG debt will be cleared.

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