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Conversation: 554-006

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Start Date: 4-Aug-1971 1:55 PM

End Date: 4-Aug-1971 2:18 PM

Participants:

Nixon, Richard M. (President)Colson, Charles W.White House operatorStennis, John C.Sanchez, Manolo

Recording Device: Oval Office

Full Tape Conversation Start Time: 02:12:36

Full Tape Conversation End Time: 02:36:07

554a.mp3

554b.mp3

554c.mp3

NARA Description:

On August 4, 1971, President Richard M. Nixon, Charles W. Colson, White House operator, John C. Stennis, and Manolo Sanchez met in the Oval Office of the White House from 1:55 pm to 2:18 pm. The Oval Office taping system captured this recording, which is known as Conversation 554-006 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 554-6

Date: August 4, 1971
Time: 1:55 pm - 2:18 pm
Location: Oval Office

The President met with Charles W. Colson.

     Press conference
           -Economy
                                              17

                            NIXON PRESIDENTIAL MATERIALS STAFF

                                       Tape Subject Log
                                         (rev. 10/06)
                                                                         Conv. No. 554-5 (cont.)


The President talked with the White House operator at 1:55 pm.

[Conversation No. 554-6A]

[See Conversation No. 7-61]

[End of telephone conversation]

     Press conference
           -Economy
           -John B. Connally
                -Industry
                     -Wage and price settlements
                     -Secretary of Labor [James D. Hodgson]
                           -Reports
                     -Political aspect
                -Connally meeting with Colson
                -Unemployment rate
                     -Figure
                     -H. R. (“Bob”) Haldeman
                           -Dan Rather

The President talked with John C. Stennis between 1:56 pm and 1:59 pm.

[Conversation No. 554-6B]

[See Conversation No. 7-62]

[End of telephone conversation]

     Letter
           -President's instructions
                 -Clark MacGregor
                 -Dictation

     Economy
         -Unemployment rate
             -Press conference
                  -Current figure compared to 1961-63
             -Rather
                  -Possible reporting
                                    18

                NIXON PRESIDENTIAL MATERIALS STAFF

                            Tape Subject Log
                              (rev. 10/06)
                                                              Conv. No. 554-6 (cont.)


     -Assessment of figures
            -Current rate compared to April - July 1971
            -Married men
            -Veterans
     -Economic expansion
     -Colson forthcoming call to Frank Stanton of Columbia Broadcasting System
            [CBS]
            -Rather's estimates
-John W. Chancellor
     -People’s Republic of China [PRC] trip
     -Attitude toward administration
-American Broadcasting Corporation [ABC]
     -John A. Scali
-Press relations
     -President’s previous meeting with business editors
     -Paul W. McCracken, George P. Shultz, Connally
     -Media bias
            -Time, Newsweek, New York Times editors
     -William L. Safire
     -Unknown person
     -McCracken
     -Maurice H. Stans
     -Hodgson
     -1970 election
     -Peter M. Flanigan
     -Spiro T. Agnew, Stans, Hodgson, Flanigan, Shultz, Connally
            -Nationwide tour
                 -Meetings with business leaders
                 -Editorials boards
                 -Television
                 -Press coverage
                        -Time, Newsweek, New York Times, Washington Post, Wall
                              Street Journal, Business Week, The Nation’s Business
                        -Shultz
                              -Time
                        -Networks
                              -Creation of editorial board
-Psychological impact
     -Leading indicators
            -Consumer Price Index [CPI]
            -Retail sales, gross national product [GNP], housing starts, inventory,
                                             19

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/06)
                                                               Conv. No. 554-6 (cont.)


                           inflation, unemployment
                           -CPI
          -Compared to previous administration
               -John F. Kennedy
               -Dwight D. Eisenhower
                     -Unemployment
          -Louis P. Harris
               -Work on issues poll
               -Talk with Lawrence F. O'Brien, Jr.
                     -1972 election
                           -Economy as political issue
                           -Peace issue

Manolo Sanchez entered at an unknown time after 1:59 pm.

     Unknown item for Colson

Sanchez left at an unknown time before 2:18 pm.

          -Gordon L. Allott's comments
               -Rather
          -Charles Percy
               -Illinois
          -Impressions
               -Compared to reality
                      -Unemployment
                            -Vietnam
                                  -Casualties
          -Press conference
               -Wage and price guidelines
                      -Board
                      -Business community’s views
               -Stock market
                      -President's confidence
          -Press relations
          -Forthcoming meeting
               -Connally
               -Flanigan

     Pentagon Papers
          -John D. Ehrlichman, Egil G. (“Bud”) Krogh, Jr.
                                            20

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                       (rev. 10/06)
                                                                     Conv. No. 554-6 (cont.)


           -Forthcoming Senate hearings
                -Appropriation
                -Possible political impact
           -Investigation
                -Material
                       -Analysis
                             -Unknown man
                             -Political aspect
                       -Sensitivity
                             -Vietnam elections
                                   -Henry A. Kissinger
                       -Subject
                             -Ngo Dinh Diem
                                   -Coup
                       -Interviews
                             -W[illiam] Averell Harriman, Roger Hilsman, McGeorge Bundy
                                   -Timing of release
                                         -Vietnam elections
                -Kennedy administration officials


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BEGIN WITHDRAWN ITEM NO. 2
[Personal Returnable]
[Duration: 1m 17s ]


END WITHDRAWN ITEM NO. 2

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Colson left at 2:18 pm.