Conversation: 485-002
Prev:  485-001 Next: 485-003Start Date: 21-Apr-1971 3:14 PM
End Date: 21-Apr-1971 3:51 PM
Participants:
Nixon, Richard M. (President); Shultz, George P.; McCracken, Paul W.; Flanigan, Peter M.; Whitaker, John C.; Kriegsman, William E.; Recording Device: Oval Office
Full Tape Conversation Start Time: 00:01:57
Full Tape Conversation End Time: 00:37:37
NARA Description:
On April 21, 1971, President Richard M. Nixon, George P. Shultz, Paul W. McCracken, Peter M. Flanigan, John C. Whitaker, and William E. Kriegsman met in the Oval Office of the White House from 3:14 pm to 3:51 pm. The Oval Office taping system captured this recording, which is known as Conversation 485-002 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 485-2 Date: April 21, 1971 Time: 3:14 pm - 3:51 pm Location: Oval Office The President met with George P. Shultz, Paul W. McCracken, Peter M. Flanigan, John C. Whitaker, and William E. Kriegsman [General conversation] Economy -Outlook -Quarter -Figures -Administration's economic policy -”Breakthrough” -Inflation -Future course Energy message [Special message to Congress on Energy Resources, June 4, 1971] -Breeder reactor Breeder reactor -Public relations -President's position 2 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Chet Holifield -Environmentalists -Press -Budget -Government reorganizations Government reorganization -Holifield Breeder reactor -Costs -Budget -Program -Excitement Energy -Energy message -Natural gas -Pricing -Oil import policy -Natural gas -Deregulation -Federal Power Commission [FPC] -FPC -John N. Nassikas -Pricing -Legislation -Harris bill -Credit -Fuel shortage -Gas -Breeder reactor -Energy message -Administration's possible policy -Holifield -Development timing -Ten years -Costs -Science 3 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Oil import policy -Flanigan -John G. Tower -John B. Connally Government reorganization -Department of Natural Resources [DNR] -Holifield Conv. No. 485-2 (cont.) -Atomic Energy Commission [AEC] and DNR -Possible administration strategy -Breeder reactor -Holifield Energy -Continental shelf -Environmentalists -Oil -North Slope -Technology -Drilling -Oil shale -Shultz -Costs -Technology -Oil and oil shale -Canada -Level of US imports -Negotiations -US position -Pipeline -Stalemate -State Department -Philip H. Trezise -McCracken -George A. Lincoln -Pipeline -North Slope -Negotiations -Trezise -US position 4 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) ********************************************************************** BEGIN WITHDRAWN ITEM NO. 1 [National Security] [Duration: 1m 25s ] CANADA Conv. No. 485-2 (cont.) END WITHDRAWN ITEM NO. 1 ********************************************************************** -Great Lakes -Costs -Environmentalists Earth Day participants -John V. Lindsay -”Flower children” -Environmentalists Breeder reactor -Number -Contractors -Experts -Views -Prototype -Building -Time required -Prototype -Number -Contractors -General Electric [GE], Westinghouse, [North American Rockwell] -Confidence and competition -Expense -Private industry -Federal Government -Pre-prototypes -Uncertainties -Contractors 5 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -North American Rockwell -GE -California -Building -Schedule -California -AEC -AEC Conv. No. 485-2 (cont.) -Possible problem -Contractors -GE and Westinghouse -North American Rockwell -Competence -GE and North American Rockwell -Building -California -Unemployment -Engineers -Scientists and engineers -Possible announcement The President's schedule -California -Western White House Government reorganization -Shultz -Possible conversation with Holifield -Wilbur D. Mills -H. Allen Smith Removal of Donald E. McLarnan -Thomas S. Kleppe -Smith -Possible action -Frank T. Bow -McLarnan -Henry Salvatori -F. Donald Nixon -Smith -Competence -Smith 6 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Ronald W. Reagan -Shultz -Reagan's view Energy message -Timing -Holifield -Long Beach -Timing Conv. No. 485-2 (cont.) -Announcement -Breeder reactor -Santa Barbara -Continental shelf Energy -Canadian negotiations -President's possible role -Pace -Deadline -Peter G. Peterson -Council on International Economic Policy [CIEP] -Oil imports -US domestic producers -Henry L. Bellmon -Tower -Frank N. Ikard -American Petroleum Institute [API] ********************************************************************** BEGIN WITHDRAWN ITEM NO. 2 [National Security] [Duration: 15s ] CANADA END WITHDRAWN ITEM NO. 2 ********************************************************************** -US domestic producers 7 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Possible reaction -Oil imports -Shortages -Effect on prices ****************************************************************************** BEGIN WITHDRAWN ITEM NO. 4 Conv. No. 485-2 (cont.) [National Security] [Duration: 29s ] CANADA END WITHDRAWN ITEM NO. 4 ****************************************************************************** -Flanigan's Possible Conversations with domestic producers -Oil companies -API -Bellmon -Dr. Walter J. Mead -Princeton University -Texas independent oil producers -Tariffs Energy message -Time spent preparing -Oil shale -Shortages -”Brown-outs” -Short-term measures -Possible Canadian agreement Federal Power Commission [FPC] -President's conversation with John L. McClellan -Arkansas Valley -Natural gas -Clark MacGregor -Management -Chairman and commissioners 8 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Gas Breeder reactor -Number -Holifield -Negotiations -Construction -California Conv. No. 485-2 (cont.) -Timetable -1980 Canadian negotiations -Henry A. Kissinger ********************************************************************** BEGIN WITHDRAWN ITEM NO. 3 [National Security] [Duration: 30s ] CANADA END WITHDRAWN ITEM NO. 3 ********************************************************************** Energy message -Breeder reactor -Holifield -Importance -Fusion -Fusion -Risk to breeder program -Possible breakthrough -Howard H. Baker, Jr. -Semi-breeder -Admiral Hyman G. Rickover -Navy -Dr. Edward Teller -Rickover 9 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) -Economic competitiveness -Usefulness Gifts -Tie pins -Shultz McCracken, Flanigan, Whitaker, and Kriegsman left at 3:46 pm Conv. No. 485-2 (cont.) Removal of McLarnan -Difficulties -Competence -Smith -Kleppe -Schedule -Anthony G. Chase -Smith -Vote on Supersonic Transport [SST] -Reason for removal -California -Smith's call to Breeden[sp?] [Forename unknown] -Bureaucrats -Rules Committee -Possible transfer -President's California constituents -Complaints to Small Business Administration [SBA] -Earthquake -Smith The President's schedule -Meeting with 4-H Club leaders Schedule -Productivity Commission meeting, April 30, 1971 -Conference -Composition -Labor, management, government -Subjects -Forum 10 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 9/08) The President's schedule -April 30, 1971 meeting of Productivity Commission -Location -Roosevelt Room -Shultz's possible conversation with Haldeman The President and Shultz left at 3:51 pm Conv. No. 485-2 (cont.)