Date: December 15, 1971
Time: Unknown before 12:08 pm until 1:22 pm
Location: Cabinet Room
The President met with Michael J. (“Mike”) Mansfield, Hugh Scott, John G. Tower, Carl B.
Albert, [Thomas] Hale Boggs, John W. Byrnes, Gerald R. Ford, Wright Patman, William B.
Widnall, Wilbur D. Mills, John B. Connally, Paul W. McCracken, Herbert Stein, Peter G.
Peterson, George P. Shultz, Paul A. Volcker, Henry A. Kissinger, John A. Scali, Clark
MacGregor, William E. Timmons, William L. Safire, Nathanial Samuels, and Ezra Solomon; the
White House photographer and members of the press were present at the beginning of the
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
[Recording begins while the conversation is in progress]
United States’ monetary policy
-International Monetary Fund [IMF]
-Passage of tax bill, August 15
-Competitive position for United States’ goods
-Need for new monetary system