531–16

Conversation No. 531-16

Date: June 28, 1971
Time: 5:07 pm - 5:58 pm
Location: Oval Office

The President met with John B. Connally and Arthur F. Burns.

Greetings

Refreshments

National economy
-Burns’ letter to President
-Wage and price controls
-Taxes
-Inflation
-Fiscal stimulation
-Tax issue
-Government spending
-Taxes
-Acceleration of personal exemption
-Corporate tax
-Depreciation allowance
-Hearings
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Connally's conversation with Samuel J. Ervin, Jr.
-Possible lawsuit
-Common Cause
-Ralph Nader
-Effect on tax receipts
-Creation of jobs
-Investment tax credit
-Burns’ view
-Personal income tax
-Prospects for tax legislation
-Wilbur D. Mills
-Conversation with Burns
-Revenue-sharing
-Political ambitions
-Health
-1971, 1972
-President's comments to Cabinet
-Cabinet Committee on economic policy
-Connally as spokesman
-Quadriad
-Need for single administration spokesman
-Burns
-Burns’ relationship with President
-William McChesney Martin's relationships with Dwight D. Eisenhower,
Lyndon B. Johnson, and John F. Kennedy
-Connally as administration spokesman
-James G. Hodgson
-George W. Romney
-Maurice H. Stans
-Impact of Burns’ statements
-Responsibility
-President
-Advisors
-Joseph W. Martin, Jr.'s comments
-President's work habits
-President's policy
-Jawboning
-Forthcoming meeting with steel industry representatives
-Possible settlements
-Connally
-President’s meeting with the Productivity Council
-Federal budget
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Accelerated public works
-Forthcoming veto
-Teenage unemployment
-Forthcoming veto
-Reasons
-Inflation
-Pending legislation
-Blue-collar workers Conv. No. 531-16 (cont.)
-Federal salaries
-Post Office
-Winton M. (“Red”) Blount
-Forthcoming veto
-Wage and price control
-Comparison with construction workers
-Wage and price board, freeze
-Firmness
-Jawboning
-Import restrictions
-Quota legislation from Congress
-Balance of trade
-Discipline within administration
-President's schedule
-Fiscal year 1973 budget
-Camp David meeting
-Difficulties
-Discipline in public comments
-Burns
-Monetary policy
-Wage and price controls
-Taxes
-Budget
-New economic policy
-Need for unity in position
-Connally
-Articulation of policy
-New York Times article
-Burns’ Pepperdine College address
-Impact
-Burns’ conversation with President
-Economic policy
-Dissemination of Burns’ views
-Public statements
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Burns’ Pepperdine College speech
-Burns’ forthcoming Congressional testimony
-Wage and price controls
-Burns
-Integrity
-Role
-Views on incomes policy
-Wage and price controls Conv. No. 531-16 (cont.)
-John J. Sparkman's possible hearing
-William Proxmire
-Burns’ forthcoming testimony
-President's support
-Expression of views
-Burns’ testimony
-Possible statement
-Incomes policy
-David M. Kennedy's comments
-Burns’ effectiveness
-Impact of events
-Wage and price controls
-President's responsibility
-Burns’ policy
-Effect on President's policy
-Burns’ comments
-Possible public perception
-Connally as administration spokesman
-Martin's comments on federal budgets
-Burns’ comments on incomes policy
-Forthcoming testimony
-Incomes policy
-Wage and price controls
-Pepperdine College speech
-Public confusion
-President's policy
-Effect
-Burns’ meeting with President
-Thomas E. Dewey's funeral
-Burns’ forthcoming public statements
-Unity
-Burns’ letter to the President
-Investment tax credit
-Analysis of changes in economy
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Inflation
-President’s perception
-Connally
-Burns’ public comments
-Changes from previous positions
-Munich
-President's policy
-Antagonism of financial press Conv. No. 531-16 (cont.)
-Burns’ letter
-Federal employees' wages
-Burns’ public comments
-Monetary policy
-Connally's testimony
-Range of subjects
-Possible Congressional testimony
-Connally's forthcoming statement
-Ronald L. Ziegler
-Economic policy
-Burns’ forthcoming testimony
-Incomes policy
-President's policy
-Wage and price controls
-National Commission on Productivity
-Welfare
-Jawboning
-Lockheed
-Labor settlements
-Steel

President's schedule
-Barber

National economy
-Burns’ letter
-Burns’ relationship with Connally
-Burns’ views

Connally and Burns left at 5:58 pm.
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)