Date: July 24, 1971
Time: Unknown after 12:28 pm until 12:36 pm
Location: Oval Office
The President met with John B. Connally; this recording begins at an unknown time while the
meeting is in progress.
12
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/08)
The economy
-Possible action
-Effect
-Unnamed person
-Paul W. McCracken, Paul A. Volcker, Connally, Arthur F. Burns
-The price of gold
-Strategy
-Free economy Conv. No. 545-2 (cont.)
-Possible action
-Initiative
-Comparison to the People's Republic of China [PRC] initiative
-Steel industry
-Foreign policy focus
-The PRC
-Settlement of Vietnam war
-Effect on the economy
-US competitive position in the world
-George P. Shultz
-The President's actions
-Foreign policy, domestic action
-Connally
-U.S. economy
-Trend
-Recession
-Long-term view
-Europe, Japan, Soviet Union, the PRC
-Changes in international economic picture
-Initiatives