642–29

Conversation No. 642-29

Date: January 3, 1972
Time: 11:42 am - 12:05 pm
Location: Oval Office
 46

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 642-29 (cont.)


The President met with George P. Shultz and Caspar W. (“Cap”) Weinberger.

Greetings
Budget
-Final draft
-Order of magnitude
-Unemployment
-Deficit
-Outlays
-Full employment
-1972 and 1973
-Spending
-Defense
-Economy
-1973 compared to 1972
-Deficits
-1968
-Lyndon B. Johnson
-Size
-Size of national economy
-Growth
-Downward pressures
-Messages
-Drafts for the President
-Legacy of inflation
-Economic programs
-Unemployment
-Inflation

Manolo Sanchez entered at an unknown time after 11:42 am.

Misplaced papers
-Location
-Clothing
-Executive Office Building [EOB] office

Sanchez left at an unknown time before 12:05 pm.

Budget
-Reductions
-Target level
 47

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 642-29 (cont.)


-Camp David
-Defense Department
-Civilian employment
-Possible cuts
-Departments of Health, Education and Welfare [HEW] and Treasury
-Economic Stabilization program
-Social Security
-Congress
-Goal
-Defense Department
-Bases
-Employment
-Defense strength
-Civilian employment in government
-The President's goal
-Defense Department
-Reaction
-David Packard
-Robert C. Moot
-Congressional action
-Civilian employees
-Target level
-The President's goal
-Pentagon
-Washington, DC area
-Base number
-Cuts
-Washington, DC area
-Number to be cut
-Types of jobs
-Allocation of cuts in nation and region
-General unemployment
-Melvin R. Laird
-Role
-Forthcoming talk with Weinberger
-The President’s instructions
-Pentagon
-Case
-Economy
-Arthur F. Burns
-Allocation of cuts in nation and region
 48

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 642-29 (cont.)


-Target level
-Distribution
-Military aides
-Deputies
-White House budget
-H. R. (“Bob”) Haldeman
-Civilian federal employment
-Allocation of cuts in nation and region
-Washington, DC
-Attrition
-Washington, DC federal government bureaucracy
-Size
-Bureau of Indian Affairs
-George E. Allen
-Story
-Harry L. Hopkins
-Works Progress Administration [WPA] workers
-Statistical table
-Bureau of Indian Affairs
-Story
-Welfare

The President's recent interview with Dan Rather, January 2, 1972
-The President's response to question about foreign policy and politics
-Soviet Union and People’s Republic of China [PRC]
-Delay in ending Vietnam War
-Question regarding differences between blacks and whites
-Rather's performance
-The President's response
-Blacks, whites and Chicanos
-Schools, neighborhoods
-Liberals’ view
-Television advertisement for Equitable Life Insurance
-F. Scott Fitzgerald quote on rich people

[The President talked with the White House operator at an unknown time between 11:42 am and
12:05 pm.]

[Conversation No. 642-29A]

[See Conversation No. 18-7]
 49

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 642-29 (cont.)



[End of telephone conversation]

Allen
-Storytelling ability
-Dwight D. Eisenhower
-Bridge
-Harry S. Truman
-Eisenhower
-Heart attack
-Golf game

Story
-Return call from Allen

Shultz and Weinberger left at 12:05 pm.