Conversation No. 38-99

Date: April 18, 1973
Time: 12:48 pm - 12:58 pm
Location: White House Telephone

The President talked with George P. Shultz.

[See also Conversation No. 900-18]

     President’s schedule      

           -Rainer Barzel      


     Economic Stabilization Act 

          -Conference report        

                -Gerald R. Ford’s reaction       

                       -Wright Patman’s actions       

          -Effects of fight in Congress 

          -Senate action        

          -Rent controls        

          -Allocation of petroleum products 

                -Oil industry       

          -Definition of substandard earnings 

                -Exemption from wage controls         

                       -Health services      

                       -Food workers       

          -Authority to withhold funds
          -Disclosure of cost/profit information by Cost of Living Council [COLC]
                -Bryce N. Harlow’s reaction
                -Trade secrets
                -Comparison with Security and Exchange Commission reports [SEC]
                 requirements 

          -Hearings concerning adverse wage determination 

                -John T. Dunlop’s actions in 1972 

          -Ford’s feeling concerning possible vote 

                -Price freezes        

                -Extension for one year        

                -Wage freezes           

          -Senate vote        

                -Effect on House of Representatives 

                                             -58-


                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM 


                                      Tape Subject Log 

                                     (rev. January-2011)

                                                            Conversation No. 38-99 (cont’d)

                       -Patman
           -Rent controls      

                 -John J. Sparkman and John G. Tower 

                 -Veto      

           -Senate vote
           -Administration’s position     

                 -Ford       

                 -Business community opposition      

           -Enforcement of provisions

     Emigration of Soviet Jews 

          -Henry A. Kissinger       

          -Most favored nation [MFN] status 

          -Announcement          

          -Henry M. (“Scoop”) Jackson’s reaction 

                -Jacob K. Javits and Abraham Ribicoff 

          -Michael J. (“Mike”) Mansfield and Hugh Scott 

          -Summit with Soviet Union 

                -Blame for possible cancellation    

                      -Jewish community        

                      -Jackson      


     Economic Stabilization Act 

          -Dunlop       

          -Herbert Stein