676–12

Conversation No. 676-12

Date: March 1, 1972
Time: 9:23 am - 9:50 am
Location: Oval Office

The President met with John B. Connally.

Connally’s schedule
-Testimony
-House Banking and Currency Committee
-Price of gold
-Wright Patman
-Henry S. Reuss
 6

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 676-12 (cont.)


******************************************************************************

BEGIN WITHDRAWN ITEM NO. 1
[Personal returnable]
[Duration: 39s ]


END WITHDRAWN ITEM NO. 1

******************************************************************************


National economy
-Gold
-Interest rates
-Money supply
-M1

Henry A. Kissinger entered at 9:24 am.

Barry M. Goldwater

Backgrounder
-Time of completion

The President’s schedule
-Meeting with Kissinger
-Time

Kissinger left and Alexander P. Butterfield entered at 9:25 am.

The President’s schedule
-Possible trip to West Virginia
-Charleston
-Flood area
-Robert C. Byrd
-Gen. George A. Lincoln
-Byrd
-Charleston
-Flood area
-Viewing
 7

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 676-12 (cont.)


-Helicopter
-Lorado, West Virginia

Butterfield left at 9:30 am.

National economy
-Money supply
-M1
-M2
-Indicators examined
-Compared to October 1968
-Administration’s reactions
-Connally’s view of public mood
-Washington Post
-Meat prices
-Cost of living
-Press coverage
-Pay Board
-Price Commission
-Charles W. Colson
-Previous memoranda to Connally
-Connally’s possible meeting with supermarket
executives
-Meat prices
-Polls
-Louis P. Harris
-The President’s view
-Enactment of wage and price controls in August 1971
-Press coverage
-Washington Post, Washington Star
-Administration attitude
-Treasury Department
-Federal Reserve Board
-Council of Economic Advisors [CEA]

Connally’s previous meeting with Thomas G. Corcoran
-The People’s Republic of China [PRC]
-Political situation
-Labor
-Coalition government
-Mood of the US
 8

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 676-12 (cont.)


-Administration role
-November 1972

National economy
-Pay Board
-Price Commission
-Wage and price increases
-Food prices
-January index
-Television media coverage
-Meat import prices
-Unemployment
-Job security
-Administration’s role
-Foreign competition
-Employment
-Inflation

-Arthur F. Burns
-Schedule
-Convertibility
-American people’s views
-Aid To foreign countries
-Great Britain
-International Monetary Fund [IMF]

Issues in the US
-Busing
-Racial problem
-Effect on election
-Florida primary
-Texas
Dallas
Houston
-North and South
-Job security
-Job maintenance
-Foreign competition
-Labor
-Confidence
-In administration
 9

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 676-12 (cont.)


-General economic condition
-Cost of living
-Connally’s view

Life cycles
-People
-Women
-Men
-Nature
-Spring
-Winter

Labor
-Possible settlement with longshoremen
-Pay Board
-Strike possibilities

National economy
-Stock market
-Indicators
-Machine tool orders
-Investment tax
-Automobile sales
-Compared to last year


******************************************************************************

BEGIN WITHDRAWN ITEM NO. 3
[Personal returnable]
[Duration: 5m 58s ]


END WITHDRAWN ITEM NO. 3

******************************************************************************
 10

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 676-12 (cont.)


Congress
-Leadership
-House of Representatives
-Ways and Means Committee
-Wilbur D. Mills
-John W. Byrnes, Jackson E. Betts, Carl B. Albert, Michael J.
Mansfield, Hugh Scott, Gerald R. Ford

National economy

Connally’s forthcoming testimony

Connally left at 9:50 am.