640–7

Conversation No. 640-7

Date: December 22, 1971
Time: 12:31 pm - 12:43 pm
Location: Oval Office

The President met with Paul W. McCracken.

McCracken's departure from administration
-Timing

Economy
-Consumer Price Index [CPI]
-Percentage
-Non-food commodity prices
-Service
-International monetary situation

An unknown person entered at an unknown time after 12:31 pm.

Refreshments

The unknown person left at an unknown time before 12:43 pm.
 22

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 640-7 (cont.)



Economy
-International monetary situation
-The President’s August 15, 1971 speech
-Surcharge
-US strategy
-Germany
-McCracken
-Deutschemark
-Georges J.R. Pompidou
-John B. Connally
-Ability
-Group of Ten
-Anthony P. Barber
-US competitive position
-McCracken’s visit to a US auto dealer
-Buick Opel prices
-Japanese cars
-Pompidou meeting
-McCracken’s previous meeting with [Forename unknown] Bernard
-Timing
-Location
-Attitude
-Eagerness to talk

An unknown person entered at an unknown time after 12:31 pm.

Refreshments served

The unknown person left at an unknown time before 12:43 pm.

-US relations with Europe and Japan
-Japanese
-Negotiation style
-French
-Negotiation style
-Japanese
-Negotiation style
-The President’s experience
-New York
-McCracken’s trip to Tokyo
 23

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 640-7 (cont.)


-Economic planning
-Prospects for a economic relationship with Japan
-Meeting
-Ezra Solomon
-Toshio Kimura
-Proposed frequency of meetings
-Public relations
-Eisaku Sato
-Cabinet meeting
-Breakfast meeting with Japanese
-Connally
-Arthur F. Burns
-George P. Shultz
-Takeo Fukuda
-Unknown person
-Kakuei Tanaka
-Ministry of International Trade and Industry [MITI]
-Results
-Fukuda

McCracken's future plans
-Home
-Lecturing
-Anecdotes
-Parables
-President's appreciation
-Cabinet party
-Gifts

Economy
-President’s instructions to McCracken
-Burns
-Money supply
-Possible letter
-Prospects
-1972
-Unemployment

McCracken left at 12:43 pm.
 24

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 640-7 (cont.)