287–21

Conversation No. 287-21

Date: October 11, 1971
Time: Unknown between 4:35 pm and 5:50 pm
Location: Executive Office Building

The President met with an unknown person.

Press briefing
-Changes
-Ronald L. Ziegler

George P. Shultz and Donald H. Rumsfeld entered at 4:40 pm.

The unknown person left at 4:40 pm.

Economy
-Suggestion

Manolo Sanchez entered at an unknown time after 4:40 pm.

Refreshments

Sanchez left at an unknown time before 5:50 pm.

Economy
-Suggestions
-John B. Connally
-James D. Hodgson
-Press conference
-Executive Council
-George Meany
-Forthcoming meeting with Hodgson
-Pay Commission
-Connally
-Cost of Living Council [COLC]
-George W. Romney
-Arthur F. Burns
 24

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-Pay Board
-COLC
-Meany
-Connally
-Price Commission
-COLC
-Meany
-COLC
-[Unintelligible]
-Labor
-Appeals
-Connally
-Meany
-The President's position
-Meany
-Schedule
-Connally
-The President's schedule
-News conference
-Possible problems
-Meany
-COLC
-Connally
-Meany
-Wage increases
-James W. Roach
-Burns
-Labor
-Possible wage increases
-Possibility of walk out from Pay Board
-COLC
-Situation compared with Vietnam War
-Consumer Price Index [CPI]
-Prices
-Negotiations
-Bethleham Steel
-Inflation
-Hodgson
-Connally
-Prices
-Options
 25

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-President’s view
-Possible statement
-Meany
-Shultz
-Executive Council
-Administration’s position
-Labor
-World War II
-Korean War
-Inflation
-[Joseph] Lane Kirkland
-Congressional interest
-Michael J. Mansfield
-Wilbur D. Mills
-Edmund S. Muskie
-Labor
-John N. Mitchell [?]


**********************************************************************

BEGIN WITHDRAWN ITEM NO. 1
[Personal Returnable]
[Duration: 23s ]


END WITHDRAWN ITEM NO. 1

**********************************************************************


-Public support for the President's program
-Possibility of labor walk out from Pay Board
-Utilizing patriotism
-Inflation
-Compared wit the Depression
-World War II and the Korean War
-Hodgson
-Meany
-Shultz
-Hodgson
 26

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-Secretary of Labor
-Leonard Woodcock
-Hodgson
-Blair House
-Dinner
-The President's agreement with Rumsfeld
-Meany
-Inflation rate
-Deregulations
-Unemployment rate
-Business community
-Rumsfield’s role
-Decontrol
-Price Board, Pay Board, Price Commission
-COLC
-Prices
-Farmers
-Popular opinion
-Concern about appearances
-Regulation
-Herbert Stein
-Burns
-Shultz
-COLC
-Press coverage
-Administration efforts
-The President's press conference, October 11, 1971
-Wage and price controls
-Inflation
-Unemployment
-Connally
-Press conference
-Price Commission
-Pay Board
-Peter G. Peterson
-Burns
-Hubert H. Humphrey
-Program
-News people
-Wage and price controls
-Reason for failure
 27

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-Reaction to program
-East coast strikes
-Employers
-Unions
-Labor legislation
-Transportation
-National Labor Review Board [NLRB]
-Pay Board
-Labor
-Labor legislation
-Distinguishing between union leaders and workers

Rumsfeld's schedule
-Political appearances
-San Francisco Republican fund-raiser
-Effect on economics negotiations
-Rumsfield’s statements
-The President’s economic policy
-Discussion of economic policy
-San Francisco
-The President's ability to be non-partisan
-Humphrey
-Muskie
-Political appearances
-San Francisco
-Chicago
-Economics
-Connally
-Shultz [?]

An unknown person talked with the President at an unknown time between 4:40 pm and 5:50
pm.

[Conversation No. 287-21A]

The President's schedule [?]

[End of telephone conversation]

Economy
-The President's news conference, October 11, 1971
 28

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-The President's approach
-Inflation

Operations Research Society [ORS]
-Dr. Jerome B. Weisner's testimony on Anti-Ballistic Missiles [ABM]
-Testimony by ORS
-Bob Makehold
-University of Illinois, Northwestern
-Founder, [Forename unknown] Hill
-Criticism of Weisner’s testimony

The President's philosophy
-International economy
-National economy
-Need for reassurance
-Wage and price controls
-Popular view
-Political benefit
-Inflation
-Meany

Sanchez entered at an unknown time after 4:40 pm.


**********************************************************************

BEGIN WITHDRAWN ITEM NO. 2
[Personal Returnable]
[Duration: 9s ]


END WITHDRAWN ITEM NO. 2

**********************************************************************


Sanchez left at an unknown time before 5:50 pm.

Shultz's memorandum

US foreign policy
 29

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 287-21 (cont.)


-Compared with US economy

Shultz, et al. left at 5:50 pm.