Viewing page 130 of 200

This transcription has been completed. Contact us with corrections.

Air Line Pilots Association
INTERNATIONAL
3145 WEST SIXTY-THIRD STREET
CHICAGO 29

June 28, 1948

AFFILIATED WITH THE A.F OF L

"SCHEDULE WITH SAFETY"

TELEPHONE GROVEHILL 2200

[[image - logo]] 537

Mr. Clayton Stiles
28 Squirrel Hill Rd.
Roslyn Heights, L.I., N.Y.

Mr. A. F. Foster
703 Terrace Blvd.
New Hyde Park, N.Y.

Mr. M. A. Gitt 🗸
148-25 Bayside Ave.
Flushing, N.Y.

Gentlemen:

Last week we sent a check for $1379.09 to the International Business Machine Corporation. This was the second bill paid to this company, the first being in the amount of $1000.00, thus making a total $2379.09. I presume this completes this part of the cost of preparing our pension legislation.

Today I checked into our bills from Mr. Latimer and found we have another unpaid bill which was submitted in May. A copy is attached. In line with our understanding about routing bills directly to the organization, please O.K. this bill and also, will you kindly notate on the space indicated thereon, a little more in detail, what this bill is for, the work done, that is, days spent and any other pertinent information. Our chief bookkeeper and state certificated auditor make the point that all bills paid must indicate clearly the nature and extent of service rendered for the amount noted. Please return this forthwith and it will be paid this week.

As a word of caution we must all hold down our expenses. As the matter now stands, we have, in the past brief period, expended $2379.09 for pension plan preparations. The total expenditure to date has been 18,522.01 which doesn't include all of the pension plan expenses, and speaking in a business sense, we have not yet reached the point of actually introducing the bill. On the matter of cost, we have stated in previous letters, the consultant we have is a man that is noted for ample charges. To give some indication as to where we are financially in this situation, there is a concern in Madison, Wisconsin that has done a considerable amount of the work on the Railway Pension Plan, and are highly recommended by Congressman Robert Crosser. On several occasions and particularly on one final occasion they made the price of $27,500.00 for everything and guaranteed that there would be no further charge no matter how long it would take to pass the bill. The point I make, everything considered, we may still have a long way to go. Unless we watch ourselves we are going to run into excessive costs. I think