567–10

Conversation No. 567-10

Date: September 4, 1971
Time: 10:47 am - 11:14 am
Location: Oval Office

The President met with George P. Shultz, Stephen B. Bull, Arnold R. Weber, Gen. George A.
Lincoln and Paul W. McCracken; the White House photographer was present at the beginning of
the meeting.
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 567-9 (cont.)



Greetings

Press photograph
-Seating of group
-McCracken
-Position
-Shultz
-Lincoln

The President's schedule
-Meeting with Carlos Sanz de Santamaria
-Effect and timing of surcharge action on Latin America

The economy
-Wage and price freeze
-Work
-John B. Connally
-Shultz
-The White House staff
-Charles W. Colson
-The President's conversation with Clifford M. Hardin
-Cost of Living Council [COLC]
-Weber
-Captain Kangaroo description

Members of the press entered at an unknown time after 10:47 am.

Oliver F. (“Ollie”) Atkins

[Photograph session]

Bull, photographer and press left at an unknown time before 11:24 am.

The economy
-Headline news stories
-Wage and price freeze
-Implementation
-Civil servants
-Work
-Public support
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 567-10 (cont.)


-Governors
-Preston Smith of Texas
-Labor leaders
-Frank E. Fitzsimmons
-Joseph L. Alioto
-Effect of action
-Teachers
-Cost of living pay raise
-Dayton, Ohio
-Illinois union
-Richard B. Ogilvie
-California teachers union
-Organizing effort
-Union leader's jailing
-Ogilvie
-Policies
-Consistency
-Wage increases
-Ceilings
-Guidelines
-Wage and price freeze
-Recent wholesale price figures
-Problems
-Alternatives
-Bureaucracy
-Need for strong action
-Wage and price freeze
- Bubble
-Duration
-Rules and regulations
-Establishment
-Timing
-Measuring effectiveness
-Public support
-Necessity
-Wage issues in professions
-Teachers
-Football salary negotiations
-Contracts
-Joe [William] Namath
-Waivers
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 567-10 (cont.)


-Football players during the Korean War
-Consistency
-Press coverage
-Baseball
-Vida Blue
-Automobile
-Annual salary
-Supplements to salary
-Product endorsements and commercials
-Price control
-Productivity
-Productivity Commission [National Commission on Productivity]
-Statement
-Phase II
-Bargaining
-Labor and management cooperation
-Business
-General Motors [GM]
-American Motors [AMC]
-Lynn A. Townsend
-Conversation with McCracken
-Office of Economic Policy [OEP] and COLC staff
-The President’s appreciation for work on freeze
-Personnel
-Number
-OEP
-Sources of detailed employees
-Internal Revenue Service [IRS]
-Morale
-The President's experiences at Office of Price Administration [OPA]
during World War II
-Thomas I. Emerson, David Capers
-Work
-Tire rationing
-Feeling of participation in effort
-Management interns on staff
-Unknown woman
-Department of Health, Education and Welfare [HEW]
-Employees
-IRS
-Appreciation of work
 23

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 567-10 (cont.)


-90-day freeze
-Operation of freeze
-Expression of appreciation
-William L. Safire
-Unnamed woman
-President’s schedule
-COLC meetings
-Schedule
-Policy meetings
-Schedule
-Flow of information
-Freeze
-Politics
-Popular reaction
-Delays
-November 13-14 deadline date
-Phase II
-Economic impact of lifting freeze
-November 13-14 deadline date
-Communication
-Transition
-Management of freeze

Weber
-Future plans
-Teaching
-University of Chicago
-Milton Friedman

Gifts
-Golf balls
-Tokens of appreciation
-Freezing of salaries
-Golf

Shultz’s schedule

Shultz, Weber, Lincoln, and McCracken left at 11:14 am.
 24

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 567-10 (cont.)