Easy NixonAbout

Conversation: 531-016

Prev:  531-015 Next: 531-017

Start Date: 28-Jun-1971 5:07 PM

End Date: 28-Jun-1971 5:58 PM

Participants:

Nixon, Richard M. (President)Connally, John B.Burns, Arthur F.Nixon, Richard M. (President)Connally, John B.Burns, Arthur F.

Recording Device: Oval Office

Full Tape Conversation Start Time: 00:33:35

Full Tape Conversation End Time: 01:24:30

531a.mp3

531b.mp3

531c.mp3

NARA Description:

On June 28, 1971, President Richard M. Nixon, John B. Connally, and Arthur F. Burns met in the Oval Office of the White House from 5:07 pm to 5:58 pm. The Oval Office taping system captured this recording, which is known as Conversation 531-016 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 531-16

Date: June 28, 1971
Time: 5:07 pm - 5:58 pm
Location: Oval Office

The President met with John B. Connally and Arthur F. Burns.

     Greetings

     Refreshments

     National economy
          -Burns’ letter to President
          -Wage and price controls
          -Taxes
          -Inflation
          -Fiscal stimulation
                -Tax issue
                -Government spending
                -Taxes
                      -Acceleration of personal exemption
                      -Corporate tax
                      -Depreciation allowance
                            -Hearings
                                  11

               NIXON PRESIDENTIAL MATERIALS STAFF

                          Tape Subject Log
                            (rev. 10/08)



                  -Connally's conversation with Samuel J. Ervin, Jr.
                  -Possible lawsuit
                        -Common Cause
                        -Ralph Nader
                  -Effect on tax receipts
                  -Creation of jobs
            -Investment tax credit
                  -Burns’ view
            -Personal income tax
-Prospects for tax legislation
      -Wilbur D. Mills
            -Conversation with Burns
            -Revenue-sharing
            -Political ambitions
            -Health
      -1971, 1972
-President's comments to Cabinet
      -Cabinet Committee on economic policy
      -Connally as spokesman
      -Quadriad
-Need for single administration spokesman
      -Burns
-Burns’ relationship with President
      -William McChesney Martin's relationships with Dwight D. Eisenhower,
            Lyndon B. Johnson, and John F. Kennedy
-Connally as administration spokesman
      -James G. Hodgson
      -George W. Romney
      -Maurice H. Stans
      -Impact of Burns’ statements
-Responsibility
      -President
      -Advisors
            -Joseph W. Martin, Jr.'s comments
      -President's work habits
-President's policy
      -Jawboning
      -Forthcoming meeting with steel industry representatives
      -Possible settlements
            -Connally
      -President’s meeting with the Productivity Council
      -Federal budget
                                  12

               NIXON PRESIDENTIAL MATERIALS STAFF

                          Tape Subject Log
                            (rev. 10/08)



           -Accelerated public works
                 -Forthcoming veto
           -Teenage unemployment
           -Forthcoming veto
                 -Reasons
                 -Inflation
           -Pending legislation
                 -Blue-collar workers                    Conv. No. 531-16 (cont.)
           -Federal salaries
                 -Post Office
                       -Winton M. (“Red”) Blount
                 -Forthcoming veto
                       -Wage and price control
                 -Comparison with construction workers
     -Wage and price board, freeze
     -Firmness
     -Jawboning
     -Import restrictions
           -Quota legislation from Congress
           -Balance of trade
     -Discipline within administration
     -President's schedule
     -Fiscal year 1973 budget
           -Camp David meeting
           -Difficulties
     -Discipline in public comments
           -Burns
                 -Monetary policy
                 -Wage and price controls
                 -Taxes
                 -Budget
                 -New economic policy
                 -Need for unity in position
           -Connally
                 -Articulation of policy
-New York Times article
     -Burns’ Pepperdine College address
           -Impact
-Burns’ conversation with President
     -Economic policy
     -Dissemination of Burns’ views
     -Public statements
                                 13

               NIXON PRESIDENTIAL MATERIALS STAFF

                          Tape Subject Log
                            (rev. 10/08)



-Burns’ Pepperdine College speech
-Burns’ forthcoming Congressional testimony
      -Wage and price controls
-Burns
      -Integrity
      -Role
      -Views on incomes policy
-Wage and price controls                            Conv. No. 531-16 (cont.)
      -John J. Sparkman's possible hearing
            -William Proxmire
            -Burns’ forthcoming testimony
                  -President's support
                  -Expression of views
-Burns’ testimony
      -Possible statement
-Incomes policy
      -David M. Kennedy's comments
      -Burns’ effectiveness
      -Impact of events
-Wage and price controls
-President's responsibility
      -Burns’ policy
            -Effect on President's policy
-Burns’ comments
      -Possible public perception
-Connally as administration spokesman
-Martin's comments on federal budgets
-Burns’ comments on incomes policy
      -Forthcoming testimony
            -Incomes policy
            -Wage and price controls
      -Pepperdine College speech
      -Public confusion
-President's policy
      -Effect
-Burns’ meeting with President
      -Thomas E. Dewey's funeral
      -Burns’ forthcoming public statements
            -Unity
-Burns’ letter to the President
      -Investment tax credit
      -Analysis of changes in economy
                                               14

                            NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/08)



          -Inflation
          -President’s perception
          -Connally
          -Burns’ public comments
                -Changes from previous positions
                -Munich
          -President's policy
                -Antagonism of financial press                   Conv. No. 531-16 (cont.)
                -Burns’ letter
                      -Federal employees' wages
          -Burns’ public comments
                -Monetary policy
                -Connally's testimony
                -Range of subjects
                -Possible Congressional testimony
          -Connally's forthcoming statement
                -Ronald L. Ziegler
                -Economic policy
          -Burns’ forthcoming testimony
                -Incomes policy
                -President's policy
                      -Wage and price controls
                      -National Commission on Productivity
                      -Welfare
                      -Jawboning
                      -Lockheed
                      -Labor settlements
                            -Steel

     President's schedule
          -Barber

     National economy
          -Burns’ letter
          -Burns’ relationship with Connally
                -Burns’ views

Connally and Burns left at 5:58 pm.
                                             15

                            NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/08)