Secret White House Tapes

387–7

About this recording

387–7
  • President Richard M. Nixon
  • George P. Shultz
  • John D. Ehrlichman
  • White House photographer
  • Stephen B. Bull
December 5, 1972
Conversation No. 387-7

Date: December 5, 1972
Time: 10:15 am - 11:38 am
Location: Executive Office Building

The President met with George P. Shultz and John D. Ehrlichman. The White House
photographer was present at the beginning of the meeting.

Greetings

Economy
-Cost of living
-Wage and price controls
-Shultz’s message from the President
-Arthur F. Burns
-Shultz’s conversations with John B. Connally, Burns, and Pierre Rinfret
-Public relations [PR]
-30-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Food prices
-Burns
-Congressional relations
-Meat import quotas suspension
-Increase of oil import quotas
-Rice
-Guidelines
-Construction industry
-Medical care
-Food prices
-Government action
-Food prices
-The President’s conversation with Gerald R. Ford
-Meat import quotas suspension
-Earl L. Butz
-Cattlemen
-Structure of controls
-Inflation
-Big companies and unions
-Food prices
-Medical care
-Food prices
-Rinfret
-Construction industry
-Shultz’s memorandum
-Donald F. Rumsfeld
-Burns
-Conversation with Shultz
-Food prices
-Quotas
-Price Commission
-Term-limit price controls
-Internal Revenue Service [IRS]
-Enforcement
-PR
-Decontrol
-Inflation fight continuation
-Controls change
-Phase III
-Inflation fight “continues”
-31-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Substance
-Decontrol
-Cost of Living Council [COLC]
-John T. Dunlop
-Conversation with Shultz
-Rumsfeld
-Labor unions
-Food prices
-Rinfret
-Rinfret’s support
-1972 campaign
-Labor relations
-George Meany, Frank E. Fitzsimmons, Leonard Woodcock
-Disputes
-Settlement
-Strikes
-Peter J. Brennan
-Milton Friedman’s view
-Tightened controls
-April 1973
-End of controls
-Psychological effect
-Labor relations
-Avoiding conflict
-Business council
-Frederick B. Dent
-Confirmation
-Profit system
-Consultations
-Meany
-Brennan
-Fitzsimmons
-Productivity Commission
-Meany
-John H. (“Jack”) Lyons
-Phase II
-Dunlop
-Peter G. Peterson
-Meany’s view
-Industry labor-management groups
-32-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Steel
-I[lorwith] W[ilbur] Abel
-Shultz’s role
-Brennan
-Confirmation
-Dent, Brennan
-Timing
-State of the Union address
-1973 Inauguration
-Pre-January 1, 1973
-Christmas
-Congressional reconvention
-Christmas
-Productivity Commission meeting

Commission on Industrial Peace
-Dent, Brennan
-Timing
-Membership
-Names
-Size
-Experience
-George S. McGovern supporters
-Labor relations
-Woodcock
-Productivity Commission
-Netrual intellects
-Business
-Professors
-1972 election
-McGovern supporters
-Economists
-Newspaper advertisement
-Rinfret
-PR
-Conversation with Shultz
-Interest in administration position
-Visibility, status, perquisites, access to the President
-Importance
-The President’s view
-33-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Meany’s view
-Labor-management relations
-Membership
-Charles W. Colson’s lists
-Business, labor
-Donald McI Kendall
-Frederic V. Malek
-Roy L. Ash
-Labor, management
-Congressional relations
-Philip M. Landrum – Robert P. Griffin Act
-Farm labor bill

Economy
-Wage and price controls
-Timing
-Christmas
-Sales
-PR
-Inflation
-Budget
-Inflation
-Phases
-Phase III
-Continuation of law
-Method
-Speculation
-Phase III
-Budget
-Spending ceiling
-Phase III
-Christmas
-Continuation of law
-Inflation fight continuation
-Congressional relations
-Comprehensiveness
-Voluntarism
-Labor relations
-Meany, Fitzsimmons, Brennan, Dent
-Shultz’s role
-34-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-John B. Connally’s view
-Politics, psychology
-Labor relations
-Business
-Conflict
-Pay Board, Price Commission
-Meany
-Colson’s role
-Politics
-Conflict
-Announcement
-Timing

Revenue sharing
-Issuance of first check
-Timing
-Congressional relations
-Treasury Department briefing
-Announcement
-Information update
-Customer and tax packets
-Congressional relations
-Democrats
-House of Representatives
-Senate
-Republicans
-Southern Democrats
-James E. Smith
-Charles H. Percy
-Amounts
-Change
-Data
-New York City
-Suburban areas
-Chicago
-Indianapolis
-Richard G. Lugar
-Los Angeles County
-Samuel W. Yorty
-Congressional relations
-35-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)


Second term reorganization
-Treasury Department
-Charls E. Walker and Eugene T. Rossides
-Announcement
-Timing
-Ronald L. Ziegler
-Department of Housing and Urban Development
[HUD]
-Walker
-Congressional relations
-Lobbying activities
-Relations with administration
-Possible meeting with the President
-Handshake
-Expression of gratitude
-Photograph session
-Treasury Department
-William E. Simon
-Announcement
-Solomon Brothers
-Resignation
-Conflict of interest
-Fraud
-Edward L. Morgan
-Rossides
-Edwin S. Cohen

Congressional relations
-Shultz’s possible trip to Arkansas
-Wilbur D. Mills
-Russell B. Long
-Shultz’s conversation with Mills
-House Ways and Means Committee agenda
-Trade
-Taxes
-Health
-Pension portability
-Unemployment insurance
-Tax credits for private schools
-36-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Property taxes, tax reform
-Health
-Trade
-Most Favored Nation [MFN] status
-General Agreement on Tariffs and Trade [GATT]
-Restrictions
-MFN
-Soviet Union
-Compared to liberalization
-GATT
-Europe
-Oil prices
-Liberalization
-International monetary relations
-Tariff reduction
-Presidential discretion
-General resolution
-Treasury Department
-Deals
-Ratification
-Effect on negotiations
-Concessions

International economic relations
-Trade
-Countervailing duty legislation
-Michelin
-Canada
-Announcement
-State Department
-Japanese
-Electronics
-South Koreans
-Sneakers [tennis shoes]
-Surplus
-Henry A. Kissinger
-Politics
-William J. Casey
-Japan
-Economic, political, military considerations
-37-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Kissinger
-“QT”
-Canada
-Jobs
-Auto pact
-Negotiations
-Agreement
-Cancellation
-Duration
-Michelin
-Latin America
-Expropriations
-Peru
-Company worries
-David Packard
-New government
-January 1973
-Settlement
-Loans
-National Security Council [NSC]
-Chile
-Hardline
-Multilateral organizations
-Latin America
-World Bank
-Robert S. McNamara
-Replacement
-Inter-American Development Bank [IADB]
-Pledge
-Emilio Garrastazu Medici of Brazil
-Increments
-Congressional relations
-Appropriations
-Continuing resolution
-Review
-Compared to bilateral agreements
-US relations
-Control
-Latin America
-IADB
-38-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Asian Development Bank
-IADB
-United Nations [UN]
-Budget cuts
-Effect
-UN Development Program
-Rudolph A. Peterson
-US foreign policy
-World Bank
-McNamara
-Latin America
-IADB

Second term reorganization
-Peter G. Peterson
-H. R. (“Bob”) Haldeman
-Ambassadorship to North Atlantic Treaty Organization [NATO]
-Donald H. Rumsfeld
-David M. Kennedy
-Need for full-time person
-Cabinet rank
-“Super ambassador”
-Rumsfeld
-UN ambassadorship
-Job performance
-Soviet Union
-Departure
-Leaks
-Washington Post
-Dent
-James T. Lynn
-Ehrlichman
-Departure
-Means
-Kissinger’s view
-Living abroad
-Personal reasons
-Possible trip
-East-West negotiations
-Soviet Union, Poland
-39-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Report
-European Economic Community [EEC], Soviet Union, Poland
-Role as President’s special representative
-Poland
-EEC
-Japan
-East-West trade
-Moscow
-US-Soviet Union gas deal
-Kissinger
-Soviet Union
-US-Soviet Union summit
-Europe, Japan
-East-West trade
-US-Soviet Union gas deal
-Peter M. Flanigan
-Connally
-Commerce Department
-Shultz
-Kissinger
-White House
-Connally
-Kissinger
-Armand Hammer
-Economics
-Companies’ interests
-Government guarantees
-Export-Import [Ex-Im] Bank
-Connally
-Commerce Department
-Soviet Union
-Connally
-Europe, Japan
-East-West trade
-Role as President’s special representative
-EEC, Japan
-Recommendations
-Speeches, press conferences
-Contacts
-Shultz, Flanigan, Kissinger
-40-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Rumsfeld
-Ambassadorship to NATO
-Peterson’s possible trip
-EEC-NATO ambassadorship
-[Joseph A. Greenwald]
-State Department
-Feasibility
-Rumsfeld
-Departure
-US economic representation in industrial countries
-William J. Casey
-Rogers
-Soviet Union
-Maurice H. Stans
-Europe
-Japan
-Asian countries
-Latin America
-Brazil
-Mexico
-Japan
-Philippines
-Indonesia
-Casey
-State Department
-East-West trade
-US-Soviet Union summit
-US economic representation
-Public statements
-Purpose
-Recommendations on broad policy
-EEC, Asia
-European community

Stephen B. Bull entered at an unknown time after 10:15 am.

The President’s schedule

Bull left at an unknown time before 11:38 am.
-41-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

Second term reorganization
-Peterson’s possible trip
-Recommendations
-EEC-NATO ambassadorship
-James D. Hodgson
-US economic representation
-US policy
-Cartels, anti-trust
-Report
-Duration
-Timing
-Confirmation of Secretary of Commerce
-Spring 1973
-Announcement
-Speculation
-Sally (Hornbogen) Peterson
-Travel
-Presidential plane
-Kennedy
-Commercial
-Special plane
-Europe
-Paris
-Attache planes
-Japan, Indonesia
-NATO
-US economic representation
-Consultations
-Rogers
-[David] Kenneth Rush
-Casey
-State Department
-Shultz
-Kissinger
-Flanigan
-Role as President’s special representative
-Ambassadorship
-Ehrlichman’s schedule
-Meeting with Warren E. Burger
-Robert H. Bork
-42-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-08)

Conversation No. 387-7 (cont’d)

-Experience
-Erwin N. Griswold
-Richard G. Kleindienst
-Charles S. Rhyne
-Supreme Court
-Age
-Paul Klein [?] [sp?]
-McGovern
-John B. Davis, Jr. [?]
-L[ouis] Patrick Gray, III
-Clifford P. Case

Shultz and Ehrlichman left at 11:38 am.
Secret White House Tapes |

387–7

This recording is currently not available on millercenter.org. To listen to it, please email Mike Greco at mdg4u@virginia.edu

More Richard M. Nixon Recordings

View all Richard M. Nixon tapes
234–1
audio icon
157–10
audio icon
233–10
audio icon
233–11
audio icon
233–12
audio icon
157–12
audio icon
233–13
audio icon
157–13
audio icon
157–14
audio icon
233–14
audio icon