937–13

Conversation No. 937-13

Date: June 12, 1973
Time: 10:30 am - 11:15 am
Location: Oval Office

The President met with Roy L. Ash.

National economy
-President’s forthcoming meeting
-Arthur F. Burns
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM


Tape Subject Log

(rev. June-2012)

Conversation No. 937-13 (cont’d)

-Burns’s view
-Taxes
-President’s June 11, 1973 meeting with George P. Shultz, Herbert Stein, and John
T. Dunlop

-Ash’s and William Simon’s views

-Shultz, Stein

-Dunlop’s role

-John B. Connally’s possible role


The President talked with Howard Morgan between 10:34 am and 10:37 am.

[Conversation No. 937-13A]

[Begin telephone conversation]

[See Conversation No. 40-26]

[End telephone conversation]

White House staffing

-Bryce N. Harlow

-Role

-Melvin R. Laird

-Governors


National economy
-President’s June 12, 1973 meeting with Labor-Management Committee
-Stein, Shultz
-George Meany, Leonard Woodcock
-Partisanship
-Public statements compared to private statements
-Frank E. Fitzsimmons, Paul Hall
-Support for President’s actions
-Food prices

-Connally’s views

-Ash’s and Simon’s views

-Possible freeze

 -23-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. June-2012)

Conversation No. 937-13 (cont’d)

-Applicability

-P.L. 480 [Public Law 480]

-Rent, interest, profits, wages

-Follow-up
-Food

-Duration

-Use by administration

-Conditioning of public opinion

-Connally’s possible role

-Cabinet

-Congress

-Ash’s views
-Effect on Business

-Price reaction

-Stock Market

-Views of Stein, Shultz, and Dunlap

-Controlled economy through 1974

-Election
-Food prices
-Possible freeze
-Inevitability of further economic controls

-Follow-up

-Simon

-Philosophies

-Further economic controls

-Risk

-Phase III

-Congress’s possible action

-Meany

-90 day freeze

-Phase II

-Veto override

-Polls
-Louis P. Harris

-Congressional spending

-Use by administration

-Mental conditioning of populace
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. June-2012)

Conversation No. 937-13 (cont’d)

-Cabinet
-Compared to budget spending battles
-Connally
Status
-Problems of flat economy
-Inflation, no growth
-Possible freeze
-Effects
-Ash’s views
-Conversations with Shultz and Stein
-Position change
-Watergate
-Connally’s role
-Shultz
-Laird’s possible role with Congress
-Salesmanship
-Shultz
-Possible freeze
-Follow-up
-Food prices
-Agriculture Department projections concerning crop yields
-Peter M. Flanigan’s analysis
-President’s forthcoming speech
-Foods prices
-President’s forthcoming speech
-Budget
-Forthcoming Congressional actions
-Possible vetoes
-Congressional override
-Need for popular support
-Public support for New Hampshire Governor
-Health, Education, Welfare
-Caspar W. (“Cap”) Weinberger’s view
-William E. Timmons’s view
-Connally’s suggestion
-Public opinion
-Taxes
 -25-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. June-2012)

Conversation No. 937-13 (cont’d)

-Voting
-Defense
-Taxes
-Veterans
-Education
-Alexander M. Haig, Jr.’s view
-Harlow, Laird
-Social programs
-Ash’s role
-Schools, hospitals, elderly, blacks

National economy
-President’s forthcoming meeting
-Possible freeze
-Duration

-Ash’s view

-Economic data

-President’s forthcoming speech

-Certainty with some options

-President’s program

-Use by administration

-Salesmanship by administration officials

-Mental conditioning of populace

-Connally

Ash
-Role on staff
-Timing around Watergate

Watergate
-Allegations concerning President
-Ervin Committee hearings
-John W. Dean, III

-White House response

-Immunity

-Archibald Cox’s views

-Effect on possible trials

 -26-


NIXON PRESIDENTIAL LIBRARY AND MUSEUM


Tape Subject Log

(rev. June-2012)

Conversation No. 937-13 (cont’d)

-Samuel J. Ervin, Jr.
-Popular support
-Ash’s conversation with Edgar F. Magnin in California

President’s schedule

Ash left at 11:15 am.