Viewing page 36 of 47

This transcription has been completed. Contact us with corrections.

February 18, 1949

Mr. Sigmund Jones, President
Colonial Airlines, Inc.
630 Fifth Avenue
New York, New York

Dear Mr. James:

My wife and I enjoyed our little visit with you yesterday.

I was particularly interested to learn again of your continued interest in your employees' problems, particularly the problem of retirement. It is obvious to me that you are more conscious of this problem than certain of our people, which is indeed gratifying. 

I was very pleased at your expression of the end of retirement for air line pilots. Also, your statement that any plan arrived at should not be operated or managed by the air line company is a completely sound thought. Retirement is a ticklish problem because when advanced years have been reached, there must be absolutely no chance of the amount not being paid that are included in any plan. In other words, old age doesn't give anyone a chance to take a second swing. It's the last swing, and it must be a hit. 

One day when this matter becomes a little more crystallized, I hope we may depend on you for a statement or some form of expression along the lines indicated. This would have great weight and would be very helpful.

Again permit me to state that we enjoyed our visit with you a great deal. Knowing how busy you are, we double appreciate the time you spent with us.

With kindest regards I am 
Sincerely yours,

Michael A. Gitt