083-3

Conversation No. 83-3

Date: November 16, 1971
Time: Unknown between 12:00 am and 10:15 am
Location: Cabinet Room

John B. Connally met with Donald H. Rumsfeld, Hugh Scott, Robert P. Griffin, Peter H.
Dominick, Gerald R. Ford, Leslie C. Arends, John B. Anderson, Samuel L. Devine, Richard H.
Poff, John J. Rhodes, Robert C. (“Bob”) Wilson, H. Allen Smith, Robert J. Dole, John D.
Ehrlichman, George P. Shultz, Clark MacGregor, Harry S. Dent, William E. Timmons, Richard
K. Cook, Eugene S. Cowen, Patrick J. Buchanan, and Ronald L. Ziegler

[General conversation/Unintelligible]

The President entered at 8:07 am

Agenda
-Rumsfeld
-Connally
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)




National Economy
-The President’s program of wage and price control
-Pay Board, Price Commission, and Cost of Living Council
-Activities
-Applicability of controls
-Enforcement
-Freeze
-Internal Revenue Service [IRS]
-Effect and role
-Jobs
-International context
-Fiscal and monetary policy
-Public certainty
-Government activism
-Congressional relations
-Pending legislation
-Democratic leadership
-Public uncertainty
-Price Commission
-Guidelines
-Aggregate
-Business costs and productivity
-IRS
-Profits and profit margins
-The President’s previous statement in Detroit
-Pay Board
-Union members
-American Federation of Labor-Congress of Industrial Organizations
[AFL-CIO]
-Non-union workers, independent unions
-Retroactivity
-Future wages and contracts
-George Meany and [Forename unknown] Neagle [sp?]
-Previous union contracts
-Price Commission
-Effect on inflation
-Contrasted with total control
-Enforcement
-Pay Board
-Bellwether unions
-Consumer Price Index [CPI]
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Phase I
-Wholesale Price Index
-Canadian experience
-Effect of public support
-Inflation
-Budget restraint
-Productivity
-Businessmen
-Complaints
-Labor participation
-Meany
-Korean War experience
-Temporary program
-Fiscal and monetary policy
-Productivity
-The President’s previous press conference
-Stock market
-Situation in 1968
-Compared to present situation
-Current situation
-Vietnam War
-Inflation
-Unemployment
-Investment
-The President’s program
-Duration
-Inflation rate
-Democrats
-Harry F. Byrd, Jr.
-Stock market
-Margin requirements
-Prospects
-The President’s meeting, November 15, with George E. Allen
-Pending legislation
-Economic Stabilization Act
-Votes in House of Representatives’ Banking Committee
-Minish Amendment
-Patman Amendment
-Annunzio Amendment
-Hanna Amendment
-Forthcoming Senate action
-Amendments
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Tax Bill
-Committee’s actions
-John G. Tower
-Revenue Act
-Senate Finance Committee’s actions
-Republican members
-Amendments
-Tax credit for higher education
-American Depositary Receipt [ADR]
-Birch E. Bayh, Jr.’s actions
-Clifford P. Case’s vote
-Business community
-New Jersey
-ADR
-Timing of forthcoming Senate vote
-ADR
-Ralph Nader
-Democratic Senators
-John C. Stennis
-Constituents
-Charles H. Percy
-Importance
-Passage
-Benefits
-Pay Board and Price Commission

United States’ foreign trade
-Possible speeches by congressmen


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

Trade negotiations with Japan, Philippines

[To listen to the segment (4m52s) declassified on 02/28/2002, please refer to RC# E-567.]

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


US foreign trade
-Protectionism
-The President’s program
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Distribution to Congress
-The President’s speech to Congress
-Role of Congressional leaders
-Negotiations with foreign powers
-Possible speeches by congressmen
-Foreign aid
-Deficit figures
-Possible audiences
-The President’s program
-Editorials in the New York Times, Washington Post, and Newsweek
-Audience
-The President’s previous speech in New York, November 9
-The President’s previous speech in Chicago, November 9
-Audience
-Trade concerns with Europe, Japan
-Gold prices
-Monetary and fiscal policies
-Trade deficit figures
-Negotiations


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

Trade negotiations

[To listen to the segment (55s) declassified on 02/28/2002, please refer to RC# E-567.]

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


-Import surcharge
-Price of gold
-Convertability
-The President’s role
-Democrats’ possible legislation
-Negotiations
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



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

India-Pakistan, Indira Gandhi

[To listen to the segment (1m33s) declassified on 02/28/2002, please refer to RC# E-567.]

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


National Economy
-Importance to foreign relations
-Foreign aid
-Defense of free world
-Foreign trade
-Terms
-Comparative importance
-US economic wealth

United States’ foreign trade
-Negotiations
-Import surcharge
-Democrats’ possible charges
-Trade deficits


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

Foreign trade relations

[To listen to the segment (14s) declassified on 02/28/2002, please refer to RC# E-567.]

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


-Negotiations
-Possible Democratic criticism
-Possible speeches by congressmen
-Surcharge
-Previous State Department efforts
-Other nations’ positions
-Scott’s conversations with foreigners
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)




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

Foreign economies

[To listen to the segment (58s) declassified on 02/28/2002, please refer to RC# E-567.]

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


-The President’s policy
-Criticism

Democratic Congressmen
-Stennis
-Ford and House Republicans
-Possible criticism of the President’s trade policy

United States’ foreign trade
-Meany’s criticism
-Effect of the President’s domestic economic program

National economy
-Rumsfeld
-The President’s program
-Prices
-Jobs
-International concerns
-Wage and price controls
-Popularity

Supreme Court
-Confirmation of the President’s nominees
-Scott’s conversation with Michael J. (“Mike”) Mansfield
-Bayh
-Edward M. (“Ted”) Kennedy
-Griffin
-Delay
-Effect
-Warren E. Burger’s view
-Ideology
-Joseph L. Rauh, Jr.’s views of William H. Rehnquist
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NIXON PRESIDENTIAL MATERIALS STAFF

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-William O. Douglas
-William J. Brennan, Jr.
-Hugo L. Black
-Felix Frankfurter
-Lewis F. Powell, Jr.
-Rehnquist
-Confirmation of Powell and Rehnquist
-Bayh
-Rehnquist
-Efforts as poll watcher

Pending legislation
-Tax Bill
-Amendments
-Political contributions
-Budget
-Continuing resolution
-The President’s meeting with Allen J. Ellender, November 15
-Mansfield

Ellender

Earl L. Butz
-Confirmation hearings
-George S. McGovern and Hubert H. Humphrey
-Association with Ezra T. Benson
-Democrats’ forthcoming critique
-Clifford M. Hardin’s forthcoming conversation with Milton R. Young
-Breakfast with Jack R. Miller, November 16
-Meetings with Herman E. Talmadge and Young, November 16

Pending legislation
-Department of Defense appropriation bill
-Boland Amendment
-MacGregor
-Howard W. Robison’s amendment
-Mansfield
-Support
-Ford’s conversation with George H. Mahon
-George W. Andrews
-Jamie L. Whitten
-Boland Amendment
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Language
-Compared with Mansfield Amendment
-Combat support in Indochina
-Prisoners of War [POWs]
-Legislative strategy
-Whitten
-Robison’s amendment
-Language
-Effect on Boland Amendment
-Mansfield Amendment
-Congressional responsibility
-Vietnam

Vietnam
-The President’s actions
-POWs
-Negotiations with North Vietnam
-Nguyen Van Thieu
-POWs
-Possible Congressional action
-The President’s troop withdrawal announcement
-POWs
-Possible Congressional action
-Possible military action against North Vietnam

Pending legislation
-Commerce Committee
-Civil Aeronautics Board [CAB]
-Amendments

Vietnam
-The President’s actions
-Negotiations with North Vietnam
-POWs
-Possible Congressional action
-Credit

The President left at 9:50 am

[General conversation/Unintelligible]

Connally, et al. left at an unknown time before 10:15 am
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)