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Conversation: 538-008

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Start Date: 6-Jul-1971 9:50 AM

End Date: 6-Jul-1971 10:00 AM

Participants:

Nixon, Richard M. (President)Shultz, George P.

Recording Device: Oval Office

Full Tape Conversation Start Time: 00:44:48

Full Tape Conversation End Time: 00:56:41

538a.mp3

538b.mp3

NARA Description:

On July 6, 1971, President Richard M. Nixon and George P. Shultz met in the Oval Office of the White House from 9:50 am to 10:00 am. The Oval Office taping system captured this recording, which is known as Conversation 538-008 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 538-8

Date: July 6, 1971
Time: 9:50 am - 10:00 am
Location: Oval Office                                                Conv. No. 538-5 (cont.)

The President met with George P. Shultz

     Steel industry and labor leaders
           -Forthcoming meeting
                 -Paul W. McCracken’s report on Western European quotas
                 -James D. Hodgson’s statement on mediation
                 -Peter M. Flanigan
           -Format for the President’s appearance
                 -Press and photo opportunity
                 -Desired theme of meeting
           -Price and wage issues
           -Industry problems
                 -Short term
                       -Negotiations
                 -Long term nature
                 -Foreign competition
                       -Quotas
                 -Productivity
                 -Wage increases
                       -Comparison to manufacturing

     Unemployment statistics
         -Recent statement by the Bureau of Labor Statistics [BLS]
              -Accuracy of figures
                    -Seasonal surges and adjustments
                          -Timing
                    -Improvement in employment

     Retail sales figures for June, 1971
          -Indicators and estimates
                 -Garment industry
                       -New York Times article
                       -Buyers
                                            8

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                    Tape Subject Log
                                      (rev. 10/08)



                           -Jews

     Unemployment
         -Impact
              -Teenagers
              -Men

     Schedule

Shultz left at 10:00 am