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Conversation: 287-021

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Start Date: Monday, October 11, 1971 8:35 PM

End Date: Monday, October 11, 1971 9:50 PM

Participants:

Nixon, Richard M. (President)[Unknown person(s)]Shultz, George P.Rumsfeld, Donald H.Sanchez, Manolo

Recording Device: Old Executive Office Building

Full Tape Conversation Start Time: 01:43:13

Full Tape Conversation End Time: 02:49:54

287a.mp3

287b.mp3

NARA Description:

On October 11, 1971, President Richard M. Nixon, unknown person(s), George P. Shultz, Donald H. Rumsfeld, and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 4:35 pm and 5:50 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 287-021 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 287-21

Date: October 11, 1971
Time: Unknown between 4:35 pm and 5:50 pm
Location: Executive Office Building

The President met with an unknown person.

     Press briefing
           -Changes
           -Ronald L. Ziegler

George P. Shultz and Donald H. Rumsfeld entered at 4:40 pm.

The unknown person left at 4:40 pm.

     Economy
         -Suggestion

Manolo Sanchez entered at an unknown time after 4:40 pm.

     Refreshments

Sanchez left at an unknown time before 5:50 pm.

     Economy
         -Suggestions
              -John B. Connally
              -James D. Hodgson
              -Press conference
         -Executive Council
         -George Meany
         -Forthcoming meeting with Hodgson
         -Pay Commission
         -Connally
         -Cost of Living Council [COLC]
              -George W. Romney
         -Arthur F. Burns
                                   24

               NIXON PRESIDENTIAL MATERIALS STAFF

                           Tape Subject Log
                             (rev. 10/06)
                                                    Conv. No. 287-21 (cont.)


-Pay Board
      -COLC
      -Meany
            -Connally
      -Price Commission
      -COLC
      -Meany
      -COLC
            -[Unintelligible]
      -Labor
      -Appeals
      -Connally
      -Meany
      -The President's position
      -Meany
            -Schedule
      -Connally
      -The President's schedule
            -News conference
                  -Possible problems
            -Meany
-COLC
      -Connally
-Meany
      -Wage increases
-James W. Roach
-Burns
-Labor
      -Possible wage increases
      -Possibility of walk out from Pay Board
-COLC
      -Situation compared with Vietnam War
      -Consumer Price Index [CPI]
-Prices
      -Negotiations
      -Bethleham Steel
-Inflation
-Hodgson
-Connally
-Prices
      -Options
                                            25

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                    Tape Subject Log
                                      (rev. 10/06)
                                                             Conv. No. 287-21 (cont.)


              -President’s view
              -Possible statement
         -Meany
              -Shultz
              -Executive Council
                    -Administration’s position
              -Labor
                    -World War II
                    -Korean War
                    -Inflation
                    -[Joseph] Lane Kirkland
         -Congressional interest
              -Michael J. Mansfield
              -Wilbur D. Mills
              -Edmund S. Muskie
         -Labor
              -John N. Mitchell [?]


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

BEGIN WITHDRAWN ITEM NO. 1
[Personal Returnable]
[Duration: 23s ]


END WITHDRAWN ITEM NO. 1

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


         -Public support for the President's program
         -Possibility of labor walk out from Pay Board
         -Utilizing patriotism
         -Inflation
               -Compared wit the Depression
               -World War II and the Korean War
         -Hodgson
               -Meany
         -Shultz
               -Hodgson
                                   26

               NIXON PRESIDENTIAL MATERIALS STAFF

                           Tape Subject Log
                             (rev. 10/06)
                                                      Conv. No. 287-21 (cont.)


-Secretary of Labor
-Leonard Woodcock
      -Hodgson
-Blair House
      -Dinner
-The President's agreement with Rumsfeld
      -Meany
      -Inflation rate
      -Deregulations
      -Unemployment rate
      -Business community
      -Rumsfield’s role
-Decontrol
      -Price Board, Pay Board, Price Commission
      -COLC
      -Prices
            -Farmers
            -Popular opinion
-Concern about appearances
      -Regulation
      -Herbert Stein
      -Burns
      -Shultz
-COLC
      -Press coverage
      -Administration efforts
-The President's press conference, October 11, 1971
      -Wage and price controls
            -Inflation
            -Unemployment
-Connally
      -Press conference
-Price Commission
      -Pay Board
-Peter G. Peterson
-Burns
-Hubert H. Humphrey
-Program
      -News people
            -Wage and price controls
                  -Reason for failure
                                             27

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/06)
                                                                    Conv. No. 287-21 (cont.)


          -Reaction to program
               -East coast strikes
                     -Employers
                           -Unions
          -Labor legislation
               -Transportation
                     -National Labor Review Board [NLRB]
          -Pay Board
               -Labor
                     -Labor legislation
                     -Distinguishing between union leaders and workers

     Rumsfeld's schedule
         -Political appearances
               -San Francisco Republican fund-raiser
                     -Effect on economics negotiations
                     -Rumsfield’s statements
                           -The President’s economic policy
         -Discussion of economic policy
               -San Francisco
               -The President's ability to be non-partisan
                     -Humphrey
                     -Muskie
               -Political appearances
               -San Francisco
               -Chicago
         -Economics
               -Connally
               -Shultz [?]

An unknown person talked with the President at an unknown time between 4:40 pm and 5:50
pm.

[Conversation No. 287-21A]

     The President's schedule [?]

[End of telephone conversation]

     Economy
         -The President's news conference, October 11, 1971
                                             28

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/06)
                                                                    Conv. No. 287-21 (cont.)


                -The President's approach
                     -Inflation

     Operations Research Society [ORS]
          -Dr. Jerome B. Weisner's testimony on Anti-Ballistic Missiles [ABM]
                -Testimony by ORS
          -Bob Makehold
          -University of Illinois, Northwestern
          -Founder, [Forename unknown] Hill
          -Criticism of Weisner’s testimony

     The President's philosophy
          -International economy
          -National economy
                -Need for reassurance
                -Wage and price controls
                      -Popular view
                -Political benefit
                      -Inflation
                -Meany

Sanchez entered at an unknown time after 4:40 pm.


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

BEGIN WITHDRAWN ITEM NO. 2
[Personal Returnable]
[Duration: 9s ]


END WITHDRAWN ITEM NO. 2

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


Sanchez left at an unknown time before 5:50 pm.

     Shultz's memorandum

     US foreign policy
                                              29

                             NIXON PRESIDENTIAL MATERIALS STAFF

                                        Tape Subject Log
                                          (rev. 10/06)
                                                                       Conv. No. 287-21 (cont.)


            -Compared with US economy

Shultz, et al. left at 5:50 pm.