Conversation: 560-006
Prev: 560-005 Next: 560-007Start Date: 10-Aug-1971 6:01 PM
End Date: 10-Aug-1971 6:14 PM
Participants:
Nixon, Richard M. (President); Shultz, George P.;Recording Device: Oval Office
Full Tape Conversation Start Time: 01:45:41
Full Tape Conversation End Time: 01:57:49
NARA Description:
On August 10, 1971, President Richard M. Nixon and George P. Shultz met in the Oval Office of the White House from 6:01 pm to 6:14 pm. The Oval Office taping system captured this recording, which is known as Conversation 560-006 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 560-6
Date: August 10, 1971
Time: 6:01 pm - 6:14 pm
Location: Oval Office
The President met with George P. Shultz.
National economy
-Indicators
-Retail sales
-Council of Economic Advisors [CEA]
-Evaluation
-Unknown person’s view
-Automobiles
-Profits
-First quarter compared to second quarter
-First National City Bank survey
-Ezra Solomon's views
-Herbert Stein
-Psychology
-Businessmen
-Lender class
-Wage and price spirals
-Indicators
-Retail sales
-Gross National Product [GNP]
-Inventories
-GNP
-Retail sales
-Opinion poll
-July
-Compared to June
-Prospects
-Possible expansion
-Arthur F. Burns
-Alan Greenspan's prediction
-Possible wage and price freeze
16
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 560-6 (cont.)
-Solomon
-Stein
-Plan
-Effect
-Inflation
-Import tax
-Burns' conversation with Shultz
International economy
-Gold
-Burns' views
-Possible negotiations
-Exchange rates
-Problem of disclosure
-Possible Administration actions
-Timing of possible action
-Closing gold window
-Closing of gold window
-Wage and price freeze
-Compared to closing gold window
National economy
-Federal pay increase
-Comparability
-Postponement
-Letter to Congressional clerks
-Timing
-Jobs for Veterans program
-Defense Department
-Poll
-Slots
-Number
-Melvin R. Laird
-Directives
-Personnel
-Presidential
The President and Shultz left at 6:14 pm.
17
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 560-6 (cont.)