Secret White House Tapes

941–2

About this recording

941–2
  • President Richard M. Nixon
  • George P. Shultz
  • Stephen B. Bull
June 14, 1973
Conversation No. 941-2

Date: June 14, 1973
Time: 2:06 pm - 2:55 pm
Location: Oval Office

The President met with George P. Shultz.

National economy
-President’s speech, June 13, 1973

-Response

-Rhetoric

-Performance

-Free market

-Goals

-Need for Congressional action
-Spending, farm bills, surplus, commodities authority
-Labor

-Responsibility, responsiveness

-Fitzsimmons’s telephone call to President

-Negotiations

-President’s program

-2-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Implementation
-Regulations

-Effectiveness

-Sensibility

-Compared to Phase II
-Food and gas prices
-Possibility of turnaround after 60-day price freeze

Personnel appointments and management
-Shultz

-Tenure in office

-Fondness for President

-Approval

-Support

-Watergate

-Shultz’s fury

-H. R. (“Bob”) Haldeman, John D. Ehrlichman

-President’s confidence
-Relationships

-Ehrlichman, Haldeman

-Roy L. Ash

-Melvin R. Laird

-Style

-Friends’ potential appointment to White House

-Request for Shultz’s opinion of White House
-Walter B. Wriston
-Steve Benkel [?]
-Peter G. Peterson
-Edward W. Carter
-Assistant to President

-Clean energy position

-Benkel [?]

-White House staff

-William W. Scranton

-National economy

-Shultz’s view

-Price controls

-3-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Possible Congressional action

-President’s plan

-Shultz’s role

-Shultz’s role

-Credibility as manager or price controls program

-Advocate

-Witness in Congress

-Shultz
-Departure
-President’s objectives
-Objection to price controls

-Appreciation for post

-Relationship with President

-Departure

-Consultant role
-Impact on price controls program

-Paul W. McCracken [?]

-Departure

-Shared reasons with President
-White House staff relations
-Laird
-Alexander M. Haig, Jr.
-Ash
-Departures of Haldeman and Ehrlichman

-Laird

-Bryce N. Harlow

-Spiro T. Agnew

-Laird

-Shultz
-Price controls
-Interviews
-Trade, taxes

-Treasury Department

-Price controls

-William E. Simon’s opposition

-Credibility of congressional testimony

-Departure

-4-


NIXON PRESIDENTIAL LIBRARY AND MUSEUM


Tape Subject Log

(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Attribution to Watergate
-Difficulty
-Trade role
-Peter M. Flanigan [?]
-Peterson
-Role
-Trade and tax legislation
-Price controls legislative program
-Labor leaders
-Peter J. Brennan
-Laird
-Congressional deal making
-Vetoes
-Farm, veteran legislation
-Trade legislation
-Labor leaders
-Brennan
-President’s relationship
-George Meany [?]
-Simon
-John T. Dunlop
-Energy czar
-Treasury Department role
-Rogers C. B. Morton role
-State Department role
-Defense Department role
-Possible Congressional action
-Shultz

-World travel


Stephen B. Bull entered at an unknown time after 2:06 pm.

Telephone call from Hobart D. (“Hobe”) Lewis

Bull left at an unknown time before 2:55 pm.

Personnel appointments and management
-5-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Shultz
-Trade, tax, economic philosophy
-President’s recent price control decision
-Congressional testimony

-Dunlop

-“Year of Europe”

-Trade

-Arthur F. Burns

-Soviet Union

-Trade

-Taxes

-General management of Treasury Department

-Energy advisor

-Wages and prices

-Advice and advocacy

-Dunlop
-Interaction with Labor

-Leonard Garment [?]

-Brennan

-Labor

-Laird’s relationship with Meany

-Shultz’s press conference in Paris

-Laird’s statements

-Wage-price program

-Monetary policy

-Laird
-Conversation with Haig concerning statements
-Power
-Statements
-Monetary policy
-White House staffing
-Haig’s role
-Henry A. Kissinger’s role
-Laird’s role
-Domestic Council

-Harlow’s role

-Shultz

-6-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Ash

-Views on vetoes

-President’s conversation with Haig

-Rigidity

-Harlow

-Ally for Shultz

-View on policy

-Office of Management and Budget [OMB]’s role
-Role of departments
-Domestic Council
-Cabinet

-Shultz

-Skills, importance

-Frederick B. Dent

-Brennan

-Claude S. Brinegar

-Shultz

-Scope, understanding, breadth
-White House staffing

-President’s conversation with Haig

-Harlow

-Scranton

-Credibility with governors, political leaders, press
-Governorship
-Mary Scranton
-Mother
-Energy position
-Coal, oil knowledge
-Middle East trips
-Simon, Morton, State Department representative, Charles J.
DiBona

Energy
-Treasury Department role
-Morton
-White House role

-Economics

-7-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Politics

-Alaskan pipline, taxes, and Middle East

-Morton’s view

-Interior Department

-Elk Hills

-Atomic Energy Commission [AEC]

-Elliot L. Richardson [?]

-Nuclear energy

-Organization

-Energy research group

-Funding

-Ash

-Energy message

-Funding

-President’s speech at Florida Technical Institute

-Distribution

-Massachusetts Institute of Technology [MIT], Stanford University,
University of Chicago, Florida Technical Institute
-Ash
-Caspar W. (“Cap”) Weinberger

Personnel appointments and management
-Importance of Shultz’s retention
-Harlow
-Laird
-Ash
-Shultz
-Relationship with John D. Ehrlichman and H. R. (“Bob”) Haldeman
-Relationship with President
-Abilities
-National economy
-Herbert Stein
-Burns

-Federal Reserve

-Views on President’s program

-Price freeze
-Wages
-8-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. July-2012)

Conversation No. 941-2 (cont’d)

-Possible Congressional action on taxes
-President’s schedule

-Leonid I. Brezhnev

-Follow up meeting

-California

-Departure from Administration

-Haig

-Wage and price controls

-Ideological statement
-Burns
-President’s schedule

-Rest after Brezhnev’s visit

-Shultz meeting in California

-Date

-President’s persuasiveness

-Letter


National economy
-Burns

-Possible statements

-Views

-Gasoline price controls

-Relationship with Shultz

-International monetary issues

-President’s schedule

-Success in influencing policy

-Gold

-Gasoline prices

-Labor

-Labor negotiations

-Inflation

-International Brotherhood of Teamsters

-United Auto Workers [UAW]

-Wage formula

-Postal Service

-Shultz’s forthcoming activities

-9-


NIXON PRESIDENTIAL LIBRARY AND MUSEUM


Tape Subject Log

(rev. July-2012)

Conversation No. 941-2 (cont’d)

President’s schedule

-Conversation with Haig


Shultz’s schedule

-Tennis, golf

-Meany


President’s schedule

-Diplomatic credentials

-Brezhnev

-Shultz’s attendance at State Dinner

-Earl L. Butz

-Businessmen


Shultz left at an unknown time before 2:55 pm.
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941–2

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