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CC: Captain Gitt December 16, 1947 Dear Mr. Shugrue: In accordance with our conversation of a week before last, I have prepared a very brief memorandum on the Air Line Pilots proposal for the creation of a pilots retirement system, modeled along the lines of the Railroad Retirement Act. I shall leave it to your judgement how this should be used and I should be very happy to have any suggest-ions about it which may occur to you. I shall be very glad to come over and talk with you at your convenience and to see Senator Ives at such time as you think appropriate. Sincerely yours, Murray W. Latimer Mr. Dwyer W. Shugrue, Counsel Office of Senator Ives U. S. Senate Office Building Washington, D.C. Enc.