Conversation: 491-028
Prev: 491-027 Next: 491-029Start Date: 5-May-1971 11:40 AM
End Date: 5-May-1971 12:08 PM
Participants:
Nixon, Richard M. (President); McCracken, Paul W.; Solomon, Ezra; Shultz, George P.; White House photographer; Bull, Stephen B.;Recording Device: Oval Office
Full Tape Conversation Start Time: 04:16:05
Full Tape Conversation End Time: 04:42:50
NARA Description:
On May 5, 1971, President Richard M. Nixon, Paul W. McCracken, Ezra Solomon, George P. Shultz, White House photographer, and Stephen B. Bull met in the Oval Office of the White House from 11:40 am to 12:08 pm. The Oval Office taping system captured this recording, which is known as Conversation 491-028 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 491-28
Date: May 5, 1971
Time: 11:40 am - 12:08 pm
Location: Oval Office
The President met with Paul W. McCracken, Ezra Solomon, and George P. Shultz; the White
House photographer and Stephen B. Bull were present at the beginning of the meeting.
Greetings
Bull left at 11:40 am.
Photo session
-Seating arrangements
-Weather
Solomon's appointment
-Announcement
-Timing
-Solomon’s schedule
-Stanford University
-Council of Economic Advisors [CEA]
48
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
Economy
-Prospects
-Direction
-Confidence
-Unemployment
-Prices
-Mortgage rates
-Confidence Conv. No. 491-28 (cont.)
-Stock market
-Business planning
-Consumers
-Views
-Pierre Rinfret
-Views
-Paul A. Samuelson
-Congress
-Retail sales
-McCracken's conversation Harry B. Cunningham
-Chain stores
-Consumer sentiment
-Chain stores
-McCracken’s conversation with Cunningham
-Mail orders
-Shultz’s trip to Chicago
-Montgomery Ward
-Business
-Size
-Automobiles
-Imports
-President's previous meeting with Peter G. Peterson
-Japan
-CEA
-Solomon
US competitive position
-Foreign policy analogy
-Armaments
-Anti-ballistic missiles [ABM]
-Free trade economics
-Trade barriers
-Japan
-Europeans
49
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Japanese exports
-US
-Japanese exports
-Automobiles
-Long-range economic plans
-Businessmen
-Labor
-Long-range projects Conv. No. 491-28 (cont.)
-Japan
-Europe
-Common market
-Great Britain
-Union of Soviet Socialist Republics [USSR]
-Productivity
-People’s Republic of China [PRC]
-Gross National Product [GNP]
-Japan
-Overseas Chinese
-Singapore
-Taiwan
-Bangkok
-San Francisco
-Japan
-Possible study
-US production goals
-Agriculture
-Forthcoming “Salute to Agriculture” address, May 7, 1971
-Farm labor
-Costs
-Productivity
-Industry
-Machinery
-Solomon's visit to Burma
-Need for review
-State Department
-Vietnam
-Middle East
-Latin America
Foreign Policy
-Vietnam
-Middle East
50
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-USSR
-US relations
-West
-Europe
-US
-Vietnam
-Korea
-Japan Conv. No. 491-28 (cont.)
-PRC
-Pacific
US competitive position
-Long-term
-Europe
-Japanese
-PRC
-Africa
-Latin America
-Asia
-Long-range planning
-Prospects
-Pacific
-Europe
-Germans
-British
-French
-Italians
-Middle East
-USSR
-Japan
-US policy
-Relations
Solomon
-Role
Burma
-President's visit in 1953
-U Nu
-Pegu
-Solomon's visit
-Herbert Hoover
51
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Humor
Caribbean
-Tourism
-Nassau, Jamaica
French
-Paris Conv. No. 491-28 (cont.)
Burma
Cities
-New York
-Consumer Price Index [CPI]
CPI
-John D. Ehrlichman
-New York
-Numbers
-California
Burma
******************************************************************************
BEGIN WITHDRAWN ITEM NO. 3
[National Security]
[Duration: 17s ]
BURMA
END WITHDRAWN ITEM NO. 3
******************************************************************************
-Resources
-Thailand
-Poverty
52
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Compared to Bolivia, Haiti
-President's visit in 1953
******************************************************************************
BEGIN WITHDRAWN ITEM NO. 4
[National Security]
[Duration: 19s ] Conv. No. 491-28 (cont.)
BURMA
END WITHDRAWN ITEM NO. 4
******************************************************************************
-Socialists
-President’s visit in 1953
-Rangoon
CEA
-Solomon's assignment
-Role
-Challenges
-McCracken
-Herbert Stein
-Shultz
-Peterson
-Peter M. Flanigan
-John B. Connally
-James D. Hodgson
-Nathaniel Samuels
-Ehrlichman
Housing in Washington, DC
-Real estate
McCracken, Solomon, and Shultz left at 12:08 pm.
53
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)