Conversation: 619-012
Prev:  619-011 Next: 619-013Start Date: 16-Nov-1971 11:13 AM
End Date: 16-Nov-1971 11:38 AM
Participants:
Nixon, Richard M. (President); McCracken, Paul W.; Shultz, George P.; Bull, Stephen B.; Recording Device: Oval Office
Full Tape Conversation Start Time: 01:15:10
Full Tape Conversation End Time: 01:41:04
NARA Description:
On November 16, 1971, President Richard M. Nixon, Paul W. McCracken, George P. Shultz, and Stephen B. Bull met in the Oval Office of the White House from 11:13 am to 11:38 am. The Oval Office taping system captured this recording, which is known as Conversation 619-012 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 619-12 Date: November 16, 1971 Time: 11:13 am - 11:38 am Location: Oval Office The President met with Paul W. McCracken and George P. Shultz. Shultz’s schedule Seating arrangements McCracken's previous trip to Japan -Report -Economic figures -John B. Connally National economy -Gross National Product [GNP] -Estimates -Rate of change -Price Index -Inflation -Arthur F. Burns -GNP -Real output -Estimates -Error -Department of Commerce -Housing starts -GNP 14 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 10/06) Conv. No. 619-12 (cont.) -Public concern -Growth -Unemployment -Auto sales -Deadline -Ford Motor Company International monetary system -Memorandum -Business reaction -New York -Prospects for negotiation -Exchange rates -Compared to pre-October 15, 1971 period -US negotiating position -Other nations' domestic concerns -Japan -Recession -Italy -Recession -Great Britain -McCracken’s schedule -Paris -Organization for Economic Cooperation and Development [OECD] meeting -McCracken’s possible statement -Europeans' position -Surcharge -Gold prices -Great Britain -France -Italy -Deutschemark -Dollar -Japanese concerns -Okinawa -Connally's visit -Diet -McCracken's conversation with Minister for Economic Planning -Consultations -Press coverage 15 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 10/06) Conv. No. 619-12 (cont.) US business community -Auto sales -Maurice H. Stans -James M. Roche -General Motor [GM] -Reaction to the President's economic program -Profits -Labor -Responsibility -Business schools -Business Council -Donald McI. Kendall -Coca-Cola -Activities -Foreign policy -Labor -1960's conditions -1968 -Prosperity -War -Inflation -Compared to 1971 -Congress -Germans and Japanese -Union of Soviet Socialist Republics [USSR] and People’s Republic of China [PRC] -Education -Labor leaders -Frank E. Fitzsimmons -George Meany -Government assistance -McCracken -Dissertation advisory -[Forename unknown] Schoepinger [sp?] -Shultz, the President and Connally -Views regarding labor unions -Chambers of Commerce Education -Wealth -Decline of nations 16 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 10/06) Conv. No. 619-12 (cont.) Businessmen -Charles G. Mortimer -Harold L. (“Red”) Curtis -[Forename unknown] Barrows [sp?] Stephen B. Bull entered at an unknown time after 11:13 am. The President’s schedule Bull left at an unknown time before 11:38 am. National economy -Sales -Tax Bill -Possible effect of passage -Inventories -Plant equipment spending -Retail -Automobiles -[Forename unknown] O'Reilly's [sp?] story in Wall Street Journal, November 15, 1971 -Inventories McCracken -Conversation with H. R. (“Bob”) Haldeman, November 15, 1971 -Tenure in office -Phase II -Successor -Herbert G. Stein Stein -Health -Possible role with administration -Federal Reserve Board [FRB] -Memorandum regarding money supply -Burns -Council of Economic Advisors [CEA] National economy -Money supply 17 NIXON PRESIDENTIAL MATERIALS STAFF Tape Subject Log (rev. 10/06) Conv. No. 619-12 (cont.) -Burns -Connally -The President's conversation with George E. Allen -Short-term rates -Stein's views -Monetarism -Burns Clifford M. Hardin -Farm bill -Departure -Conversation with the President -Successor McCracken -Successor -Shultz and Connally -The President's schedule -Stein -Ezra Solomon FRB -Vacancies McCracken -Successor -Departure -Press Economic figures McCracken and Shultz left at 11:38 am.