Nixon White House Tapes › Tape 55 › Conversation 055-002
Kuykendall, Devine & Cederberg on Lockheed Corporation and Economic Policy
Thursday, April 22, 1971 · 5:11 PM–6:41 PM ET · Cabinet Room · 13 min
AI Summary
President Nixon met with a group of Republican congressmen and administration staff to discuss the dire financial situation of the Lockheed Corporation and the political implications of a government-backed rescue. The discussion focused on the potential economic impact of a Lockheed collapse, particularly regarding job losses among subcontractors, and the challenge of securing congressional approval for necessary financial support. The participants weighed the broader risks to the economy and the administration's leadership against the optics of bailing out a defense contractor amid competing domestic budget priorities.
- Lockheed Corporation
- Economic Policy
- Government Bailout
- Defense Contracting
- Employment
- Congressional Relations
Audio
This clip was extracted from the full tape recording by Easy Nixon.
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Transcript (AI-generated)
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NARA Description
On April 22, 1971, President Richard M. Nixon and Republican congressmen, including Daniel H. Kuykendall, Samuel L. Devine, Elford A. Cederberg, Robert H. Michel, Glenn R. Davis, Peter H. B. Frelinghuysen, Barber B. Conable, Jr., John H. Kyl, John E. Hunt, John H. Buchanan, Jr., William A. Steiger, Burt L. Talcott, Charles E. Wiggins, Louis C. Wyman, John T. Myers, Benjamin B. Blackburn, III, Hamilton Fish, Jr., William L. Dickinson, Clark MacGregor, William E. Timmons, John D. Ehrlichman, and Richard K. Cook, met in the Cabinet Room of the White House at an unknown time between 5:11 pm and 6:41 pm. The Cabinet Room taping system captured this recording, which is known as Conversation 055-002 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 55-2
Date: April 22, 1971
Time: Unknown between 5:11 pm and 6:41 pm
Location: Cabinet Room
The President met with Daniel H. Kuykendall, Samuel L. Devine, Elford A. Cederberg, Robert
H. Michel, Glenn R. Davis, Peter H. B. Frelinghuysen, Barber B. Conable, Jr., John H. Kyl, John
E. Hunt, John H. Buchanan, Jr., William A. Steiger, Burt L. Talcott, Charles E. Wiggins, Louis
C. Wyman, John T. Myers, Benjamin B. Blackburn, III, Hamilton Fish, Jr., William L.
Dickinson, Clark MacGregor, William E. Timmons, John D. Ehrlichman, and Richard K. Cook
[Recording begins while the meeting is in progress]
Election issues
-Domestic
-Budget
-Economy
-Deficit
-Dwight D. Eisenhower
-Employment
-Taxes
-Welfare reform
-President’s Williamsburg speech
-Welfare
-President’s policies
-Democrats
-Foreign policy
-Vietnam War
-Democrats
-1952 election
-Adlai E. Stevenson, II
-Eisenhower
-Foreign policy
-Domestic policy
-Economy
-Inflation
-Government reform
-Welfare
-Education
-Health
-Republican principles
-Leadership
Gifts to Congressmen
[General conversation/Unintelligible]
Vietnam
-Anti-war groups
-Withdrawal
[General conversation/Unintelligible]
Support for President
******************************************************************************
BEGIN WITHDRAWN ITEM NO. 1
[Personal Returnable]
[Duration: 2m 17s ]
The President, et al. left at an unknown time before 6:41 pm; Ehrlichman, MacGregor, and
Timmons remained
END WITHDRAWN ITEM NO. 1
******************************************************************************
Ehrlichman, MacGregor, and Timmons left at an unknown time before 6:41 pmAlso recorded on April 22, 1971
- 486-004 1:43 PM · 20 sec — United States Secret Service agents met in the Oval Office of the White House at an unknown time between 1:43 pm and 2:38 pm.
- 486-005 2:40 PM · 39 min — President Richard M. Nixon, H. R. ("Bob") Haldeman, Stephen B. Bull, Ronald L. Ziegler, William P. Rogers, Fred Maroon, and Stan Wayman met in the Oval Office of the White House from 2:40 pm to 3:35 pm.
- 486-006 3:35 PM · 4 min — Manolo Sanchez and unknown person(s) met in the Oval Office of the White House at an unknown time between 3:35 pm and 3:41 pm.
- 486-007 3:41 PM · 54 min — President Richard M. Nixon, William P. Rogers, H. R. ("Bob") Haldeman, Manolo Sanchez, and Stephen B. Bull met in the Oval Office of the White House from 3:41 pm to 4:35 pm.
- 486-008 4:35 PM · 17 sec — United States Secret Service agents met in the Oval Office of the White House at an unknown time between 4:35 pm and 4:52 pm.
- 002-027 6:41 PM · 4 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 6:41 pm and 6:47 pm.
- 002-028 6:47 PM · 8 min — President Richard M. Nixon and H. R. ("Bob") Haldeman talked on the telephone from 6:47 pm to 6:56 pm.
- 002-029 6:56 PM · 3 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 6:56 pm and 8:10 pm.
Cite this conversation
Conversation 055-002, April 22, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/055-002 (accessed October 12, 2026).