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Conversation: 126-001

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Start Date: 13-Jun-1973 4:32 PM

End Date: 13-Jun-1973 5:42 PM

Participants:

Nixon, Richard M. (President)Agnew, Spiro T. (Vice President)Cabinet officersRush, [David] KennethShultz, George P.Schlesinger, James R. (Dr.)Richardson, Elliot L.Campbell, J. PhilipDent, Frederick B.Schubert, Richard F.Weinberger, Caspar W. ("Cap")Lynn, James T.Ash, Roy L.Armstrong, Anne L.Bush, George H. W.Stein, HerbertDunlop, John T.Morton, Rogers C. B.Haig, Alexander M., Jr.Flanigan, Peter M.Cole, Kenneth R., Jr.Timmons, William E.Ziegler, Ronald L.Scowcroft, Brent G. (Gen.)Price, Raymond K., Jr.Knauer, Virginia H.Gergen, David R.Parker, David N.Malek, Frederic V.Sohmer, Arthur J.Nixon, Richard M. (President)Agnew, Spiro T. (Vice President)Cabinet officersRush, [David] KennethShultz, George P.Schlesinger, James R. (Dr.)Richardson, Elliot L.Campbell, J. PhilipDent, Frederick B.Schubert, Richard F.Weinberger, Caspar W. ("Cap")Lynn, James T.Ash, Roy L.Armstrong, Anne L.Bush, George H. W.Stein, HerbertDunlop, John T.Morton, Rogers C. B.Haig, Alexander M., Jr.Flanigan, Peter M.Cole, Kenneth R., Jr.Timmons, William E.Ziegler, Ronald L.Scowcroft, Brent G. (Gen.)Price, Raymond K., Jr.Knauer, Virginia H.Gergen, David R.Parker, David N.Malek, Frederic V.Sohmer, Arthur J.

Recording Device: Cabinet Room

126a.mp3

126b.mp3

NARA Description:

On June 13, 1973, President Richard M. Nixon, Vice President Spiro T. Agnew, and Cabinet officers and staffers, including [David] Kenneth Rush, George P. Shultz, Dr. James R. Schlesinger, Elliot L. Richardson, J. Philip Campbell, Frederick B. Dent, Richard F. Schubert, Caspar W. ("Cap") Weinberger, James T. Lynn, John W. Barnum, Roy L. Ash, Anne L. Armstrong, George H. W. Bush, Herbert Stein, John T. Dunlop, Rogers C. B. Morton, General Alexander M. Haig, Jr., Peter M. Flanigan, Kenneth R. Cole, Jr., William E. Timmons, Ronald L. Ziegler, General Brent G. Scowcroft, Raymond K. Price, Jr., Virginia H. Knauer, David R. Gergen, David N. Parker, Frederic V. Malek, and Arthur J. Sohmer, met in the Cabinet Room of the White House at an unknown time between 4:32 pm and 5:42 pm. The Cabinet Room taping system captured this recording, which is known as Conversation 126-001 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 126-1

Date: June 13, 1973
Time: Unknown between 4:32 pm and 5:42 pm
Location: Cabinet Room

The President met with Vice President Spiro T. Agnew, [David] Kenneth Rush, George P.
Shultz, Dr. James R. Schlesinger, Elliot L. Richardson, J. Philip Campbell, Frederick B. Dent,
Richard F. Schubert, Caspar W. (“Cap”) Weinberger, James T. Lynn, John W. Barnum, Roy L.
Ash, Anne L. Armstrong, George H. W. Bush, Herbert Stein, John T. Dunlop, Rogers C. B.
Morton, General Alexander M. Haig, Jr., Peter M. Flanigan, Kenneth R. Cole, Jr., William E.
Timmons, Ronald L. Ziegler, General Brent G. Scowcroft, Raymond K. Price, Jr., Virginia H.
Knauer, David R. Gergen, David N. Parker, Frederic V. Malek, and Arthur J. Sohmer
[Recording begins while the conversation is in progress]

     National economy
          -Possible freeze
                -Rents, profits, wages, prices
                -Administration’s view
                      -Free market economy
          -President’s plan
                -Forthcoming speech, June 13, 1973
                -Availability of text of speech
                -Congressional briefing
                -Freeze
                      -Applicability
                            -Prices
                            -Wages, rents, raw agricultural products
                      -Labor/management settlements
                            -Cooperation
                            -Unions
                      -Duration
                      -Follow-up
                            -Phase II and Phase III comparison
                            -President’s goal
                            -Reasons for policy
                            -Controls
                                  -Democratic caucus
                                  -Purpose
                            -Shultz
                            -Food prices
                                  -Need for stability
                                  2

               NIXON PRESIDENTIAL MATERIALS STAFF

                          Tape Subject Log
                            (rev. 10/08)



                  -Gasoline prices
                  -Food
                       -Supplies
                              -Importance
                       -Farm legislation
                              -Administration’s position
                       -Foreign demand
                              -State Department, farmers
                              -Effect on supply
                              -Increased demand
                              -Weather
                              -Temporary supply shortages
                       -Export controls
                              -Purpose
                              -Congressional approval
                              -American consumers
                                    -Effect
      -Federal budget
            -Congress
      -Energy
            -President’s forthcoming message
                  -Morton
                  -Alaska pipeline
            -Libyan seizure of Nelson Bunker Hunt Company
            -Possible worldwide shortages
-Controls
      -John Kenneth Galbraith
      -President’s view
      -President’s plan
            -Possible Congressional actions
                  -Veto
      -Popular view
-Phase III
      -Problem
            -Public perception
-President’s plan
      -Goals
            -Food and energy
      -Development
      -President’s view
            -Goals
      -Role of Cabinet in presentation
                                         3

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                  (rev. 10/08)



     -Status
           -Increased employment and wages
           -Growth rate
           -Importance of oil
           -Compared with other countries
                 -Japan
                 -England
                 -West Germany
                 -France
     -President’s plan
           -Shultz, Stein, Dunlop, John B. Connally
           -Freeze
           -Phase IV
           -Goal

President’s accomplishments
     -Foreign policy
     -Crime
           -Decreases
                 -Kansas City
           -Drugs
     -Peace
           -President’s speech in Florida
                 -Vietnam
                       -Draft
                       -Prisoners of War [POWs]
           -US-Soviet relations
                 -President’s forthcoming meetings with Leonid I. Brezhnev
     -Prosperity

National economy
     -Successes
     -Problems
     -President’s plan
           -Phase IV
           -Role of Cabinet in presentation
                -Public relations efforts
                -State and Defense Departments
           -Feedgrain prices
                -Supply
                      -Effect on exports
                -Congress
                                                 4

                            NIXON PRESIDENTIAL MATERIALS STAFF

                                       Tape Subject Log
                                         (rev. 10/08)



                             -Reporting system
                -Shultz
                -Preparation
                     -Cabinet role

The President left at 4:59 pm

     President’s summary
          -Export controls
          -Stein
          -Export controls

Recording was cut off at an unknown time before 5:42 pm