107–1

Conversation No. 107-1

Date: August 8, 1972
Time: Unknown after 8:02 am until 10:11 am
Location: Cabinet Room

The President met with Caspar W. (“Cap”) Weinberger, Herbert Stein, Hugh Scott, Robert P.
Griffin, Norris Cotton, Gordon L. Allott, Peter H. Dominick, Wallace F. Bennett, Milton R.
Young, Gerald R. Ford, Leslie C. Arends, John J. Rhodes, Samuel L. Devine, H. Allen Smith,
Robert C. (“Bob”) Wilson, Barber B. Conable, Jr., Frank T. Bow, John W. Byrnes, Richard H.
Poff, Robert J. Dole, Clark MacGregor, John D. Ehrlichman, Gerald L. Warren, Richard K.
Cook, Thomas C. Korologos, Harry S. Dent, Patrick J. Buchanan, Herbert G. Klein, Kenneth R.
Cole, Jr., and William L. Gifford
[Recording begins while the conversation is in progress]

Economy
-Recovery
-Inflation rate
-Reduction

New Economic Policy
-Productivity increases
-Reduction of taxes
-Real earnings
-Spendable earnings

Unemployment
-Statistics

Gross National Product [GNP]
-Hobart Rowen
-Growth rate
-Farm income
-Forecast
-GNP
-Consumer Price Index [CPI]
-Growth
-Unemployment
-CPI forecast
-Food price increases
-Meat
-Chicken
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Eggs
-Wholesale meat price decline
-Inflation
-Causes
-Budget control


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BEGIN WITHDRAWN ITEM NO. 5
[Personal Returnable]
[Duration: 9m 9s ]


END WITHDRAWN ITEM NO. 5

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Council of Economic Advisors report
-Testimony, statistics
-Presidential statement

Unemployment
-Michigan
-Motor vehicle sales
-Repeal of auto excise tax
-Tool and die industry
-Rate

Employment
-Figures
-Department of Defense [DOD]
-Reductions in armed service employment
-Vietnam

Unemployment
-Administration record
-George S. McGovern speech
-Compared to Lyndon B. Johnson, John F. Kennedy administrations
-Effect of armed forces size on figures
-Economic issue
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)




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BEGIN WITHDRAWN ITEM NO. 6
[Personal Returnable]
[Duration: 1m 2s ]


END WITHDRAWN ITEM NO. 6

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-Reduction of armed forces
-Effects
-Thomas E. Dewey
-New Deal


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BEGIN WITHDRAWN ITEM NO. 7
[Personal Returnable]
[Duration: 11s ]


END WITHDRAWN ITEM NO. 7

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-Full employment

Income taxes
-Avoidance of payment
-Speech by Edwin S. Cohen
-Stewart R. Mott

Defense Department
-Reduction in force
-Defense industries
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Vietnam
-Unemployment

Income taxes
-System
-Tax reform program


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BEGIN WITHDRAWN ITEM NO. 8
[Personal Returnable]
[Duration: 20s ]


END WITHDRAWN ITEM NO. 8

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-Reforms in tax laws
-Effects

Budget
-Weinberger
-McGovern
-Effect on taxes

Economy
-John B. Connally speech
-Increased employment
-Figures
-Shift in types of jobs
-Military versus civilian

Stein
-Role in President's administration
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



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BEGIN WITHDRAWN ITEM NO. 9
[Personal Returnable]
[Duration: 23m 31s ]


END WITHDRAWN ITEM NO. 9

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Spending ceiling bill
-Cook
-Comments from Johnson’s book
-House Resolution [HR] 16090
-J. William Fulbright
-Strategy
-Inflation
-Budget control
-International economics
-Proposed ceiling
-Effects
-Tax increase
-Previous budgets of 1970's
-Compared to present budget
-Spending increases
-Use of the veto
-Bill
-Johnson
-Bow
-Byrnes
-Wilbur D. Mills
-George H. Mahon

Departments of Labor and Health, Education, and Welfare [HEW] Appropriation Bill
-Possibility of veto
-Amount of bill
-Social Security
-Size of bill
-Effect on taxes
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



George P. Shultz
-Connally
-Strategy in Congress
-HEW conference report
-Roll call vote
-Veto
-Senate input to bill
-Bureau of the Budget input
-Black lung benefits
-Winn [sp?] amendment
-Black lung benefits

Department of Defense budget
-Cuts
-Melvin R. Laird
-Popular opinion
-Effect on US international status
-Union of Soviet Socialist Republics [USSR]
-Arms limitation
-Trident
-GNP percentage on defense
-Compared with USSR
-Strategic Arms Limitations Talks [SALT]
-Budget cuts


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Effect

[To listen to the segment (17s) declassified on 02/28/2002, please refer to RC# E-601.]

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BEGIN WITHDRAWN ITEM NO. 10
[Personal Returnable]
[Duration: 2m 10s ]
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)




END WITHDRAWN ITEM NO. 10

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Economy
-Theory


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Foreign relations

[To listen to the segment (5s) declassified on 02/28/2002, please refer to RC# E-601.]

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-Strategy
-Government
-Private enterprise


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BEGIN WITHDRAWN ITEM NO. 11
[Personal Returnable]
[Duration: 3m 14s ]


END WITHDRAWN ITEM NO. 11

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Budget cuts
-Department of Defense
-Effect on military bases
-MacGregor report
-Distribution
-Civilian advisory groups
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Laird press conference
-Hill Air Force Base, Utah
-The President’s visit in 1970
-San Jose base
-Portsmouth Naval Base


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BEGIN WITHDRAWN ITEM NO. 12
[Personal Returnable]
[Duration: 41s ]


END WITHDRAWN ITEM NO. 12

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Congress
-Foreign aid
-Vietnam amendment
-Carl B. Albert, [Thomas] Hale Boggs
-Strategy

Foreign aid bill
-Aid to Israel, Korea, Taiwan
-Arends
-Hamilton amendment

Vietnam
-”End the War” amendment
-Ted Stevens
-Vice President Spiro T. Agnew
-Congressional activity
-Brooke amendment
-Aiken amendment
-Strategy
-Congressional activity

Legislation
-Weapons
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Hart amendment
-Kennedy amendment
-Hart amendment
-Gun registration
-Objections
-Sportsmen
-Tax on weapons
-Amendments
-Inexpensive hand guns
-Henry M. (“Scoop”) Jackson
-Fulbright
-George D. Aiken
-Committee

Arms control
-Jackson Amendment
-Administration position
-Congressional activity
-USSR
-Wording of legislation


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BEGIN WITHDRAWN ITEM NO. 3
[National Security]
[Duration: 2m 29s ]


WEAPON SYSTEMS


END WITHDRAWN ITEM NO. 3

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Public works
-Rural development

Agriculture
-Appropriations
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Increases
-Rural development
-Budget
-Environment

HEW
-Cotton
-Committee
-Appropriations subcommittee
-Birch E. Bayh, Jr.
-William Loeb
-Veto possibility
-Strategy
-Warren G. (“Maggie”) Magnuson
-Continuing resolution
-Strategy
-Veto
-Public reaction

Foreign Relations Committee

Foreign Affairs Committee
-Strategy
-Otto E. Passman
-Congressmen
-Seymour Halpern
-Donald W. Riegle, Jr.
-Paul N. (“Pete”) McCloskey, Jr.

Foreign aid authorization

Office of Economic Opportunity [OEO] authorization
-Strategy
-Jacob K. Javits
-R. Sargent Shriver
-Ehrlichman
-Legal services
-Reduction in authorization
-Strategy
-Staff
-Need for continuing resolution
-Strategy
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Veto
-HEW
-Legal services
-The President
-OEO
-Javits
-Javits
-Strategy
-Albert H. Quie
-HEW appropriation
-Shriver

Busing
-Congressional activity
-William M. Colmer
-Committee on Education and Labor
-Constitutional Amendment
-Quie
-James G. O’Hara
-William D. Ford

Continuing resolution
-Mahon

Virginia Supreme Court
-Poff
-Supreme Court


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BEGIN WITHDRAWN ITEM NO. 4
[Personal Returnable]
[Duration: 1m 53s ]


END WITHDRAWN ITEM NO. 4

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Poff
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Court appointment

John L. McClellan

[Unintelligible]

The President, et al. left at 10:11 am