Conversation No. 477-11

Date: April 12, 1971
Time: 3:37 pm - 4:27 pm
Location: Oval Office

H. R. (“Bob”) Haldeman met with Maurice H. Stans and James T. Lynn

     [General conversation]

     Easter egg roll

The President entered at an unknown time after 3:37 pm
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Stans’ upcoming trip
     -Itinerary
           -Romania
           -Spain
           -Greece
           -Iran
           -Austria
           -Ireland                                        Conv. No. 477-11 (cont.)
                 -John D. J. Moore
                 -US relations
                 -John A. (“Jack”) Mulcahy
                 -Dublin
                 -Schedule
                 -Country
                 -Mulcahy
                      -Property

Commerce Department
   -Business attitudes towards administration
   -Previous discussions
   -Ombudsman for business
         -Reaction
   -National Business Council for Consumer Affairs
         -Environment
         -Agencies
         -Consumerism
         -Codes of ethics
         -Self-regulation of advertising
         -Ralph Nader
         -Timetable
   -Conference on American business in 1990
   -Office of Management and Budget [OMB] minority enterprise funding proposal
         -Budget
         -Impact
         -Sam Whiting
         -OMB
         -George P. Shultz
         -Black Caucus
         -Figures on black business franchises
         -Comparison with 1969
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      -Administration’s initiatives
            -Progress since 1969
                  -Automobile franchises
                        -Publicity
                        -President’s comments to an unknown group of African-
                              Americans
                        -Figures
      -Franchises                                           Conv. No. 477-11 (cont.)
            -Automobile industry
            -Set of charts
            -Accomplishments
            -Comparisons with previous efforts
            -Possible presentation to Domestic Council and Cabinet
            -Length of presentation
-Franchising
      -Council on International Economic Policy [CIEP] meeting
      -Commerce Department study
            -Legislation
            -Programs
      -Congress
      -Securities and Exchange Commission [SEC]
      -Administration’s proposal
      -Small business
      -Forthcoming report
-Technology
      -Gap
      -Private enterprise economy
      -Difficulties in development and transfer
      -Proposals
      -Program
            -Timing
-State Department
      -Commercial services
      -William P. Rogers
      -Bureaucracy
      -CIEP
            -Peter G. Peterson
      -Kinsey public opinion survey
            -Business community opinions
                  -Foreign services
                  -Publicity
                  -Funding
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                       -Outside firm
                       -Leaks
                       -Rogers
          -Business dissatisfaction
                -Rogers
                -Transfer of commercial services to Commerce Department
                -Upgrading of commercial services by State Department
                -Attitude                                        Conv. No. 477-11 (cont.)
                -British, Canadian, and Japanese initiatives
                -Congress
                       -Hearings
                       -Abraham A. Ribicoff
                             -Hearings on upgrading commercial services
                       -Encouragement
                -Bureaucracy
                -Possible agreement
                -Foreign service
                -Peterson
     -Multinational corporations
          -Statistical study
                -Timing
          -CIEP
                -Peterson
          -Labor unions’ proposals
                -Double taxation
          -Incentive
          -Effect on earning power
          -Earnings on foreign investment
          -Balance of payments
          -Problem
          -CIEP
                -Need
                -Issues
          -State Department

President’s instructions on government-business relations
     -Peter M. Flanigan
           -Schedule
     -President’s recent meeting with Flanigan
     -John B. Connally
     -Materials for Flanigan
     -Agencies
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     -Anti-trust
     -Internal Revenue Service [IRS]
     -Consumerism
     -Anti-trust
           -John N. Mitchell
     -Environment
           -William D. Ruckelshaus
           -Business as “whipping boy”                        Conv. No. 477-11 (cont.)
     -Consumers
           -Virginia H. Knauer
           -Demagoguery
     -IRS
           -Connally
           -Attitude towards business
           -Rulings
     -Labor relations
           -Flanigan
           -Congress
           -Legislation
           -Prospects
           -Flanigan
     -Representation abroad
     -State Department
           -Rogers
           -John Foster Dulles
           -Foreign Service
           -Commercial attaches
                 -View of private enterprise
           -Ambassadors
                 -Walter H. Annenberg
                 -[David] Kenneth Rush
           -Foreign Service
           -Diplomacy
                 -Social aspects

Commerce Department report on business attitudes towards Administration
   -Summary
   -Recommendations
   -Fixing responsibility
         -Unfavorable business factors
              -Commerce Department
              -Congress
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           -Circumstances
-Expectations from Republican administration
     -Dissatisfaction
     -Inadequate consultation
     -Commerce Department’s initiatives
     -Health insurance bill
           -Time limitations
           -Effects on small business                     Conv. No. 477-11 (cont.)
           -Chamber of Commerce
     -Need for time
     -Health insurance bill
           -Cost to business
           -Business concerns affected
           -Alternatives
           -Edward M. (“Ted”) Kennedy
           -Costs
           -Administration’s possible strategy
                 -Business support
           -Alternatives
     -Ruckelshaus
     -Edmund S. Muskie
     -Anti-trust
           -Staff
           -Richard W. McLaren
     -IRS
     -Consumers
           -Flanigan
           -Knauer
     -Equal Employment Opportunity Commission [EEOC]
           -Instruction to Stans to meet with Flanigan
           -President’s conversation with Paul W. McCracken
           -Possible injunctive powers
-Defense posture of business
     -Polls
     -Public’s attitude to business
           -Colleges
           -Water pollution
           -Concentration of power
           -Pollution laws
           -Legislation for consumers
           -Environmentalism
                 -Nader
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           -Consumerism
           -Self-defense efforts
-Business expectations
-Administration’s initiatives
     -Political realities
-Support from business community
-Government attitude toward business
     -Congress                                      Conv. No. 477-11 (cont.)
     -Agencies
           -Environmental Protection Agency [EPA]
           -Anti-business views
-Business criticisms
     -Power of labor unions
           -Congress
     -Environment
     -Consumerism
     -Anti-trust
     -Federal Trade Commission [FTC]
-Democrats
-Administration’s efforts
     -President’s meeting with unknown group
-Environmentalists
-Businessmen
-Timing
     -Environmentalism
     -Consumerism
           -Growth
     -Hubert H. Humphrey
-Suggestions
-Economic factors
     -Cost, financing, profits, prices
-Business criticisms
     -FTC
     -Anti-trust division of Justice Department
           -Patent licensing
           -Franchises
                  -Limitations on rights
           -Overseas investments
           -Trade
           -Need for solutions
     -Administration’s fiscal policy
           -Full employment budget
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            -Deficits
            -Chamber of Commerce poll
      -Clumsiness of government
            -Bureaucracy
            -Influence on decisions
            -Previous administrations
-Approval of administration policies
      -Congress                                                Conv. No. 477-11 (cont.)
      -Depreciation allowances
-Republican contributors
      -Meeting with Stans
      -Support for administration
      -Critics
            -Daniel C. Gainey
            -Supporters
                  -Stock market
-Government/business relations
      -Transportation industry
      -Automobile industry
      -Petroleum industry
      -List
      -Environment
      -Consumer affairs
-International business
      -Action against US business by foreign governments
            -Since 1969
            -Nationalizations
            -Expropriations
            -Restrictions
            -Cases
                  -Andean group
                  -Venezuela
                        -Retroactive taxation of oil companies
                  -Ecuador
                        -Tuna boats
                  -Ownership of banks, insurance, and service companies
                  -Movement of capital
-Concerns
      -List
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                     NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
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Suggestions
    -Possible agency initiatives
          -Consultation with business
          -Studies on impact programs on prices, small businesses, and minority
                businesses
          -Public criticism of business by government officials
          -Review of anti-trust policies
          -Research and development                              Conv. No. 477-11 (cont.)
          -Inventory of restrictive work practices
                -Productivity Council
                -Shultz
                -Industry problems
                -List of work restrictions
                      -Painting, transportation, utility
                -Focus
                -Capital
                -Work restrictions
                -Need for inventory
    -Citizen use of courts for environmental enforcement
          -Ruckelshaus
    -Bias against business
          -Tax Reform Act of 1969
    -Environment
          -Criticism of business on pollution
          -Industry’s contributions
          -Economic factors
          -Technological limitations
          -Time requirement for orderly adjustments
          -Paper industry
                -Modernization/obsolescence
                -Time
                -Financial aid
          -Need for national pollution control standards
          -Contact with industry
          -Anti-trust restrictions
                -McLaren’s speech on environment
          -Government incentives for pollution control experiments
                -Tax incentives
                -Accelerated depreciation allowances
                -Regulations
          -Financial assistance to companies for anti-pollution measures
          -National Industrial Pollution Control Council
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     -Losses due to Food and Drug Administration regulations
           -Possible reimbursements
                 -Cyclamates
           -Dwight D. Eisenhower administration
                 -Cranberries, chickens
     -Integrated plan for environmental improvement
           -Long-term
                 -Ten or twenty years                      Conv. No. 477-11 (cont.)
     -Pressures on industry
     -Ten-year plan regarding reduction of pollution
     -Economic impact statements on anti-pollution actions
           -Alaska pipeline
     -Flanigan
-Foreign commerce
     -Credit support for exports
           -Export-Import Bank [Ex-Im] legislation
     -Tax incentives for US companies
           -Foerign competition
     -Relaxed trade restrictions
           -East-West trade
     -Elimination of controls on American capital investments abroad
           -Arthur F. Burns
           -Connally
     -Changes in export laws
           -Foreign government standards
           -Germany
           -France
           -US
     -Promotion of international standards
           -Standards of quality/performance
           -US position
           -Need for US participation
           -Possible legislation
                 -OMB
     -Protection of overseas investments
           -Expropriations
           -Regulations and harrassments
           -Retroactive measures
           -Number of cases
           -Adequacy of US efforts
                 -Defense of US business
           -Report to President
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     David M. Kennedy’s role
          -Mission
          -Press reports
          -State Department
                -Rogers
          -Commerce Department
                -Stans                                           Conv. No. 477-11 (cont.)
          -Peterson
          -Trade
          -Commerce and State Departments
          -Peterson’s possible statement
          -Departments involved
          -Press
          -Mission
          -Trade with Japan
                -Negotiations
          -Peterson
          -Circulation of Stans’ report

     Stans’ schedule
          -Trip to Europe

Stans and Lynn left at 4:20 pm

     President’s schedule
          -Flanigan
          -Rogers
          -Meeting with Victor Lasky
                -Use of recorder
                -Patricia (Pratt) Lasky

     Stans
             -Possible future appointment
             -Presentation of report

     Business/government relations
          -John D. Ehrlichman
          -Flanigan
          -Stans’ study
          -Ehrlichman
          -Domestic Council
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                     NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
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Cabinet reports to President
     -Clifford M. Hardin
     -Rogers C. B. Morton
     -George W. Romney
     -John A. Volpe
     -Contact with the President
           -Individual meetings versus Cabinet meetings   Conv. No. 477-11 (cont.)
     -Stans
     -Individual meetings
     -Hardin
     -Morton
     -Individual meetings
     -Frequency
     -Stans’ report
           -President’s summarization
     -Connally
           -Hypothetical report to President
                 -Commercial attachés
                 -Rogers
     -Stans
     -Defense of Administration
     -Consumerism
           -Flanigan

President’s schedule
     -Peterson
     -[D. M.?] Kennedy
     -Connally
     -Ehrlichman

Business expectations
     -Connally’s views
     -Consumers
     -Environmentalists
     -Ehrlichman
     -Stans’ poll
     -Public attitudes towards business
     -Administration’s initiatives
     -Public opposition
     -Jews
           -Israel
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                            NIXON PRESIDENTIAL MATERIALS STAFF

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     President’s schedule
          -Sequoia

Haldeman left at 4:27 pm


                                                                    Conv. No. 477-11 (cont.)