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Conversation: 450-014

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Start Date: 16-Feb-1971 11:24 AM

End Date: 16-Feb-1971 12:12 PM

Participants:

Nixon, Richard M. (President)Ehrlichman, John D.Shultz, George P.

Recording Device: Oval Office

Full Tape Conversation Start Time: 01:48:57

Full Tape Conversation End Time: 02:04:57

450-014.mp3

NARA Description:

On February 16, 1971, President Richard M. Nixon, John D. Ehrlichman, and George P. Shultz met in the Oval Office of the White House at an unknown time between 11:24 am and 12:12 pm. The Oval Office taping system captured this recording, which is known as Conversation 450-014 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 450-14

Date: February 16, 1971
Time: Unknown after 11:24 am until 12:12 pm
Location: Oval Office

The President met with John D. Ehrlichman and George P. Shultz
[Recording begins while the conversation is in progress]
                                         12

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                   (rev. 9/08)



Monetary policy
    -Balance of payments problems
          -American Enterprise Institute statement
    -Past crises
          -News summaries
          -Henry A. Kissinger role
          -Foreign policy
          -International monetary system                  Conv. No. 450-12 (cont.)
                -President’s view
                -Price of gold
    -Need for competent handling
          -Peter G. Peterson
                -Role
                      -International monetary policy
                      -White House position
                            -Quotas
          -Peterson
                -Committees
          -William P. Rogers
          -Shultz
          -Peter M. Flanigan’s role
          -Lockheed
          -Rolls Royce
          -John B. Connally
                -Role
          -David Packard
                -Laotian Special Action group
                      -Kissinger
    -Council of Economic Advisors
          -Peterson’s role
                -Connally
                -Shultz
                      -Troika
                -Access to the President
    -Quadriad
          -[Forename unknown] Parker
                -Peterson
          -Paul A. Volcker

Budget preparations
    -1972 State of the Union message
          -Preparation
                                                 13

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                         (rev. 9/08)



                     -Departments and agencies
                     -Ehrlichman
          -Timing
          -Tax reform
               -Connally
          -Shultz’s efforts
          -Defense budget
               -Possible problem                               Conv. No. 450-14 (cont.)
                      -Additional funding
               -United States-Soviet Union relations
               -Timing
                      -Effect on Vietnam withdrawal

     Public Works projects
          -Public relations
               -Administration efforts
                      -Editorials
                      -Letters
          -Budgetary problems
               -Funding
               -John C. Whitaker study
                      -Allocation of resources

     [General conversation]

Ehrlichman and Shultz left at 12:12 pm