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Conversation: 262-005

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Start Date: 19-Jul-1971 3:00 PM

End Date: 19-Jul-1971 5:05 PM

Participants:

Nixon, Richard M. (President)Connally, John B.[Unknown person(s)]Kissinger, Henry A.

Recording Device: Old Executive Office Building

Full Tape Conversation Start Time: 01:38:10

Full Tape Conversation End Time: 03:42:31

262a.mp3

262b.mp3

262c.mp3

NARA Description:

On July 19, 1971, President Richard M. Nixon, John B. Connally, unknown person(s), and Henry A. Kissinger met in the President's office in the Old Executive Office Building from 3:00 pm to 5:05 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 262-005 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 262-5

Date: July 19, 1971
Time: 3:00 pm - 5:05 pm
Location: Old Executive Office Building
                                                                Conv. No. 262-2 (cont.)
The President met with John B. Connally.


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BEGIN WITHDRAWN ITEM NO. 1
[National Security]
[Duration: 12m 35s ]


     PEOPLE'S REPUBLIC OF CHINA [PRC]



END WITHDRAWN ITEM NO. 1

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     White House staff
          -Connally's conversation with H.R. (“Bob”) Haldeman
          -Relations with Connally

     Personnel
          -Department of the Treasury
                -Appointment of Blacks; women
                -Unknown woman as possible appointee
                -Charls E. Walker
                -Samuel R. Pierce, Jr. (?)
                -Internal Revenue Service
                -Hurley (?) [John?]
          -Job seeker
                -Lloyd Bentson's office
                -William Patrick (?)
                                        4

                    NIXON PRESIDENTIAL MATERIALS STAFF

                               Tape Subject Log
                                 (rev. 10/08)



          -Unknown woman
          -White House action
                -Peter O'Donnell
                -Connally's conversation with Haldeman about staff member
     -White House staff
          -Relations with Connally
     -Appointments
          -The President
                -Potential Black appointees
                      -Party affiliation
     -Treasury
          -Appointment of woman
          -Connally's handling of personnel matters
                -Bypassing of channels
          -Peter [Surname not given] [O'Donnell?]
     -John G. Tower

Connally
    -Relationship with the President
          -Political judgment
    -Administration's chief economic spokesman
          -Arthur F. Burns
          -Caspar W. (“Cap”) Weinberger
          -Paul W. McCracken
          -George P. Shultz
    -Position in the Cabinet
          -John N. Mitchell
    -Peter G. Peterson
    -Secrecy compared with consultation in handling policy changes
          -Shultz, McCracken
    -Personnel changes
          -John A. Volpe, George W. Romney
          -White House channels
                -Haldeman

Personnel
     -Appointments
          -Peterson's assignment
                -State Department, National Security Council [NSC]
                                                5

                         NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/08)



     State Department
           -Administration’s position
           -Connally’s position
           -International Monetary Fund [IMF]
           -World Bank
           -Other funds
                 -George A. Lincoln
                                                                 Conv. No. 262-5 (cont.)
     Personnel
          -Appointments
               -Peterson
                     -NSC role
                     -Peterson
                           -William P. Rogers, Melvin R. Laird

     Connally
         -NSC
              -Henry A. Kissinger
              -Senior Review Group
              -Representative
              -Briefings

     Inter-American Development Bank

     World Bank

     Coordination of Policy in the NSC

An unknown man entered at an unknown time after 3:00 pm.

     Refreshments

The unknown man left at an unknown time before 4:32 pm.

          -Distribution of memorandum
                -Department of the Treasury
          -Connally's role
          -NSC functioning
                -Kissinger
                -Connally’s role
                -Mitchell’s role
                -Richard M. Helms
                                             6

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                   Tape Subject Log
                                     (rev. 10/08)




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BEGIN WITHDRAWN ITEM NO. 2
[National Security]
[Duration: 1m 8s ]

                                                             Conv. No. 262-5 (cont.)
    PRC


END WITHDRAWN ITEM NO. 2

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          -Laird


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BEGIN WITHDRAWN ITEM NO. 11
[Privacy]
[Duration: 22s ]


END WITHDRAWN ITEM NO. 11

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    Lyndon B. Johnson
        -January 1969 conversation
              -Foreign policy leaks
                   -State Department, Dean Rusk
                   -Advisors to the President
                   -The press

    Connally
        -Possible resignation from Cabinet
        -Connally's role as advisor
        -Wilbur D. Mills
                                          7

                      NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. 10/08)



     -George Meany
     -David Packard
          -Lockheed
               -Projected vote outcome in House, Senate

[Unintelligible]

The economy                                                         Conv. No. 262-5 (cont.)
     -Present conditions
          -Personal income, house sales, leading indicators
          -Stock market
          -Burns' views
     -Quadriad meeting

Federal Reserve Board
     -J. L. Robertson
     -Paul A. Volcker
     -J. Dewey Daane
     -Gross National Product [GNP] for second quarter of 1971
     -Robertson’s telephone call to Connally, Shultz
     -Burns
            -Volcker
     -Connally's call to Daane
     -Possible vacancy
     -Interest rates
     -Dollar exchange rates
     -Burns’ actions
            -Statistics from the Bureau of Labor Statistics [BLS]
     -Robert D. Novak
     -Incomes policy
     -Wage-price policy
     -Appointment
     -Burns

Connally
    -Personnel and public relations questions
    -The White House staff
         -John D. Ehrlichman's role in domestic policy
    -Personnel and public relations
         -Haldeman
         -Ronald L. Ziegler
                                             8

                         NIXON PRESIDENTIAL MATERIALS STAFF

                                    Tape Subject Log
                                      (rev. 10/08)



         -Domestic policy
               -Ehrlichman
         -Peterson
               -Staff support
               -Possible duties at the Office of Emergency Preparedness [OEP]

    Foreign relations
         -Trade and international relations                          Conv. No. 262-5 (cont.)
         -Congress
         -Developments in relations with the PRC
         -Vietnam
         -Organization of American States [OAS]
               -Form of US relations with Latin American countries
                     -Differences in countries
                           -Costa Rica, Honduras, Brazil
                           -Argentina, Peru, Chile, Bolivia
         -Trade
               -Eastern Europe, the PRC
         -Union of Soviet Socialist Republics [USSR]
         -The PRC
         -Vietnam

    Welfare
         -Work requirements
         -H.R. 1
              -Possible veto after changes
         -Ronald W. Reagan
              -Views

    National character


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BEGIN WITHDRAWN ITEM NO. 4
[Personal Returnable]
[Duration: 2m 14s ]


END WITHDRAWN ITEM NO. 4

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                                           9

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                   Tape Subject Log
                                     (rev. 10/08)




         -Chico's [Surname unknown] Restaurant, Rockville, Maryland
              -President’s experience
              -Owner background
              -Owner’s accomplishments
         -Work ethic
         -Welfare
                                                                   Conv. No. 262-5 (cont.)
    Tax cuts
         -Mills
         -Administration’s position

    Robert S. McNamara
        -World Bank presidency term
               -Tenure
               -Kissinger
               -September 1971 meeting of the IMF
               -Pentagon Papers, Kissinger
        -Possible role with the Administration

    Personnel
         -Unknown woman
         -Ethnic appointments
         -Haldeman, Ehrlichman
         -Peterson
         -McCracken, Shultz
               -Domestic policy


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BEGIN WITHDRAWN ITEM NO. 7
[National Security]
[Duration: 1m 41s ]


    PRC


END WITHDRAWN ITEM NO. 7

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                                              10

                             NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/08)




     Leadership Issue
          -Vietnam, the Pentagon Papers

Kissinger entered at 4:32 pm.

     US foreign relations
          -Developments in relations with the PRC                 Conv. No. 262-5 (cont.)
               -Kissinger's forthcoming briefing of his staff


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BEGIN WITHDRAWN ITEM NO. 12
[National Security]
[Duration: 50s ]


     PRC


END WITHDRAWN ITEM NO. 12

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           -USSR
                -Anatoliy F. Dobrynin
                     -Kissinger
           -Forthcoming meeting with the President

Kissinger left at 4:35 pm.

     Africa
          -Africans, Blacks
                -Comments

     Vice President Spiro T. Agnew
          -Judgement and beliefs
          -Second term in office
          -Henry A. Wallace comparison
                                             11

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/08)



         -Comments on African leaders
              -Heritage of Black Americans
         -Standing with conservatives
         -Reason for stated positions
         -Standing in 1972

    Predictions for 1972
         -The Vietnam war                                              Conv. No. 262-5 (cont.)

    US foreign policy
         -The PRC
              -Initiative
                     -Idanell B. (“Nellie”) Connally, Connally's Children
              -Agnew
              -Taiwan, Republic of China
                     -Chiang Kai-Shek
              -Clare Booth Luce
              -United Nations [UN] membership issue
                     -US public reaction
                          -Quemoy, Matsu
                          -Two China policy
                          -Chiang Kai-Shek
                          -Security Council seat


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BEGIN WITHDRAWN ITEM NO. 9
[Personal Returnable]
[Duration: 15m 20s ]


END WITHDRAWN ITEM NO. 9

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    Issues facing the nation
         -Foreign policy
         -Economy
                                                12

                            NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/08)



           -International monetary issues
           -Character
                 -Presidential qualities
                       -Values


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                                                           Conv. No. 262-5 (cont.)
BEGIN WITHDRAWN ITEM NO. 10
[Personal Returnable]
[Duration: 5m 44s ]


END WITHDRAWN ITEM NO. 10

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Connally left at 5:05 pm.