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Conversation: 017-005

Prev: 017-004 Next: 017-006

Start Date: Friday, December 24, 1971 6:37 PM

End Date: Friday, December 24, 1971 6:46 PM

Participants:

Nixon, Richard M. (President)Shultz, George P.

Recording Device: White House Telephone

Full Tape Conversation Start Time: 00:02:02

Full Tape Conversation End Time: 00:11:03

017-005.mp3

NARA Description:

On December 24, 1971, President Richard M. Nixon and George P. Shultz talked on the telephone from 1:37 pm to 1:46 pm. The White House Telephone taping system captured this recording, which is known as Conversation 017-005 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 17-5

Date: December 24,1971
Time: 1:37 pm - 1:46 pm
Location: Oval Office

The President talked with George P. Shultz.

[See Conversation No. 309-3]
                                        3

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. 10/06)



Shultz's schedule

President's meeting with John D. Ehrlichman and Henry A. Kissinger

Defense budget
     -Numbers
     -Melvin R. Laird
          -Right wingers
          -Arthur F. Burns
          -Defending the budget
     -Kissinger
     -Laird will defend the budget
          -$82 billion outlay
          -$78.6 billion
     -Defense spending in fiscal '72
          -75.8
          -Monthly rate of expenditure
                 -Approximately $1 billion more
          -Effect on economy
     -Laird
          -Meeting with the President

Water Bill
    -Ehrlichman
    -Shultz
           -Budgetary implications
                -Amount
    -Appropriations
           -Congress
           -Override
    -Budgetary implications
    -Political implications
    -Veto
    -Edmund S. Muskie

Environment
     -Cleaning up the air
     -Political issue
           -Future discussions

Water Bill
                                          4

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                  (rev. 10/06)



     -Shultz to meet with Ehrlichman
          -Signature
                -Appropriations

Budgetary issues
    -Unknown issues to be discussed later

Money supply
    -Burns
    -President's influence on Burns
    -Burns
          -Voted to increase money supply
    -Burns's trip to Virgin Islands

Federal Reserve Board of Governors
     -Procedures for appointment
     -Burns
     -Warren E. Burger
     -"Fed" compared to Supreme Court
     -Burns

Foreign policy
     -Kissinger
     -India
     -Pakistan
           -US neutrality
                -Relief
     -Public reaction to possible US involvement in India-Pakistan War
     -Edward M. (“Ted”) Kennedy
           -Shultz’s view
           -War
                -India

Kissinger
     -Forthcoming call to Kissinger from Shultz

Public reaction to India-Pakistan War
     -Kissinger's reaction to press
           -Moral support for Kissinger
           -Joseph S. Kraft
           -Marquis W. Childs
                                            5

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                    Tape Subject Log
                                      (rev. 10/06)



         -Kissinger
              -Middle East
         -Wall Street Journal
              -Editorial
              -US foreign policy

         Christmas greetings


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

BEGIN WITHDRAWN ITEM NO. 2
[Personal Returnable]
[Duration: 14s ]


END WITHDRAWN ITEM NO. 2

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


    President's signing of the National Cancer Act of 1971 on December 23, 1971
         -Shultz's and daughters' attendance
         -Ceremony

    Movie "Brian's Song"
        -Ehrlichman
        -Monday night in White House theatre
        -American Broadcasting Company [ABC] movie
        -Brian Piccolo
        -Gale E. Sayers
        -Race relations
        -Shultz and family invited