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Conversation: 714-004

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Start Date: 20-Apr-1972 9:38 AM

End Date: 20-Apr-1972 11:06 AM

Participants:

Nixon, Richard M. (President)Connally, John B.[Unknown person(s)]Bull, Stephen B.

Recording Device: Oval Office

Full Tape Conversation Start Time: 00:59:48

Full Tape Conversation End Time: 02:26:40

714a.mp3

714b.mp3

714c.mp3

NARA Description:

On April 20, 1972, President Richard M. Nixon, John B. Connally, unknown person(s), and Stephen B. Bull met in the Oval Office of the White House from 9:38 am to 11:06 am. The Oval Office taping system captured this recording, which is known as Conversation 714-004 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 714-4

Date: April 20, 1972
Time: 9:38 am - 11:06 am
Location: Oval Office

The President met with John B. Connally.

     Greetings

     Vietnam
          -Bombing

     Connally’s schedule
         -H.R. (“Bob”) Haldeman

     Vietnam
          -Hanoi and Haiphong
              -Military activity
              -Surface to air missiles [SAMs]
              -Targets
              -US air strikes
                    -Capitol Hill reaction
                    -Public reaction
                          -Professors
          -Congress
              -Reaction
                    -John C. Stennis
              -Criticism of administration
                    -Problems
                    -Compared with Korean War in pre-1950 election period
                          -Democrats
                                -James F. Byrnes
                                -Henry A. Wallace
                                -Helen Gahagan Douglas
                                -William E. Jenner
          -Democratic doves
              -Condemnation of US
                    -North Vietnamese invasion
                    -Double standard
                    -Connally's speech
                          -Criticism of the President's critics
                                       13

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                   (rev. 7/07)



          -Early support of the war
     -Public attitudes
          -Opposition to defeat and humiliation
          -Connally's speech
                 -Troop withdrawals
                 -Support for Vietnamization
                 -Response
                 -American Society of Newspaper Editors [ASNE]
                       -Location of meeting
                       -Response
                 -Duration
                 -Questions

Connally
    -Conversation with Haldeman
         -Previous discussions
    -Future plans
         -Problems
    -Role in Cabinet
         -Economic policy formulation
         -International trade policy
         -Departure
               -Public perceptions
                     -Politics
                     -President’s trip to Moscow
                     -Timing
               -Circumstances
    -Role in administration
         -Advice
         -Tax reform
         -Fall elections
    -Temporary stay in Washington
    -Future plans
         -Conversation with Haldeman
    -Tenure as Secretary of the Treasury
         -Conflicts with White House staff
         -Departure
               -Circumstances
               -Handling
               -Public explanation
                     -State of economy
                           -Inflation
         -Accomplishments
                                          14

                         NIXON PRESIDENTIAL MATERIALS STAFF

                                   Tape Subject Log
                                      (rev. 7/07)



                   -Pay Board
                   -Price Commission
                   -Cost of Living Council [COLC]
                   -International economy
              -Explanation of departure


*****************************************************************

BEGIN WITHDRAWN ITEM NO. 2
[Personal returnable]
[Duration: 12m 20s ]


END WITHDRAWN ITEM NO. 2

*****************************************************************


    Treasury Department
         -Connally's successor
              -Haldeman
              -George P. Shultz
              -Charls E. Walker
              -Paul A. Volcker
              -Qualifications
                    -Relation with Arthur F. Burns
              -Shultz
                    -Knowledge
                          -International monetary policy
              -Caspar W. (“Cap”) Weinberger
                    -Possible promotion
                    -Haldeman
              -Shultz
                    -Work with staff and economic councils
                          -Council of Economic Advisors [CEA], COLC, Pay Board, Price
                          Commission
                    -Relation with State Department
                    -Compared with David M. Kennedy
                    -Stamina
                    -Intelligence
              -Announcement
                    -Handling by the President
                                           15

                         NIXON PRESIDENTIAL MATERIALS STAFF

                                    Tape Subject Log
                                       (rev. 7/07)



                    -Statements by the President and Connally
                    -Presentation of Shultz and Weinberger
         -Connally's tenure
             -Successes
         -Connally's departure
             -Effect
                    -Texas

    Connally
        -Departure
             -Circumstances
        -Treasury Department tenure
             -Personal sacrifices
        -Family commitments
        -Accomplishments
        -Future assignments
             -Speculation
             -Advisory capacity
                   -Proper role
        -Personal plans


*****************************************************************

BEGIN WITHDRAWN ITEM NO. 3
[Personal returnable]
[Duration: 1m 48s ]

END WITHDRAWN ITEM NO. 3

*****************************************************************


    Economy
        -Connally’s projections
        -International monetary
        -Japanese, US and Canadian elections
        -Europe
        -Great Britain
              -Common Market
        -Policies for 1972
              -Connally’s role
                    -Problems
                                16

               NIXON PRESIDENTIAL MATERIALS STAFF

                          Tape Subject Log
                             (rev. 7/07)



    -Shultz’s role
          -International agreements
          -Compared to Connally
                -August 1971
                      -Unknown person’s comment to the President
-Domestic economy
    -Major problem
          -Spending limits
                -Shultz's memorandum
    -Budget
          -Effect of 1972 election
          -Cuts
                -Family Assistance Plan [FAP]
                -Welfare
                -Revenue-sharing
                -Defense
                      -Soviet summit
                      -Bases
                      -Melvin R. Laird
                      -Air Force
                      -Missiles
                      -Vietnam
                      -Navy
                            -Size
                      -Missiles
                -Education
                      -Higher education
                -Agriculture
          -Austerity
    -1972 election
          -Impact
    -Washington Post and New York Times assessments on Gross National Product
    [GNP]
          -Distortions
    -GNP
    -Wholesale Price Index [WPI]
          -Changes
          -Consumer Price Index [CPI] impact
    -Corporate profits
          -Dr. C. Jackson (“Dan”) Grayson, Jr.
                -Price increases
    -Mechanism of control
          -Projected boom
                                             17

                           NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                         (rev. 7/07)



             -Employment
                   -Increase
             -US plants abroad
                   -Closures
                   -Automobiles
                         -Expansion
             -Fall 1972
             -Problems
                   -Tax reform
                         -John D. Ehrlichman's meeting with Connally
                         -Simplification
                         -Timing of position
                         -Property taxes
                               -Substitute for revenue-sharing
             -Revenue-sharing
                   -New American Revolution
                   -Political appeal
                   -Termination
             -Welfare reform
                   -FAP
                   -The President’s family


*****************************************************************

BEGIN WITHDRAWN ITEM NO. 6
[Personal returnable]
[Duration: 1m 48s ]


END WITHDRAWN ITEM NO. 6

*****************************************************************


                     -Current attitudes toward welfare
                     -Depression
                     -Able bodied workers
                     -Family assistance
                          -Russell B. Long
                          -National character
         -Budget
             -Cuts
                                         18

                      NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                    (rev. 7/07)



                -Timing
                -Weinberger's suggestions
                -Difficulties

Cabinet
     -Shake-up
           -Retentions
     -Changes
           -State Department
           -Defense Department
     -Richard G. Kleindienst
     -George W. Romney
     -John A. Volpe
     -Elliot L. Richardson
     -Rogers C. B. Morton
           -Administrative abilities
     -James D. Hodgson
     -Peter G. Peterson
           -Political views
     -Make-up
           -Loyalists
                 -Richardson
     -Defense and State departments
     -Changes
     -Foreign economic policy
           -State Department

The President’s recent trip to the People’s Republic of China [PRC]

Vietnam
     -Soviet summit
          -Impact of bombing Hanoi and Haiphong
                -Joseph C. Kraft
                -Anatoliy F. Dobrynin meetings
                     -William P. Rogers
                     -Henry A. Kissinger
                     -Hot line
     -Soviets
          -Role in ending war
                -John F. Kennedy, Lyndon B. Johnson, W[illiam] Averell Harriman
                -Leonid I. Brezhnev’s message to the President
          -Blockade of ships
          -US response to Soviets
                                            19

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                     Tape Subject Log
                                        (rev. 7/07)



                    -Bombing
                          -Avoidance of Haiphong and Hanoi
                    -Laird
               -Possible blockade
               -Message from Brezhnev
                    -Kissinger’s trip to Moscow
                          -Secrecy
                          -Camp David cover story

An unknown person entered at an unknown time after 9:38 am.

                         -Departure time
                         -Meeting with Brezhnev
                         -Publicity
                         -Return to US
              -The President’s trip to Moscow
                   -Announcement
          -Summit
              -Link to war

The unknown person left at an unknown time before 11:06 am.

               -Conditions of the President’s attendance
                      -Soviet aid to North Vietnam
               -Kissinger’s trip to Moscow
                      -Announcement
                           -Possible effect on “doves”
                      -The President’s memorandum to Kissinger
                           -Talking points
          -Soviet actions
               -US options
                      -Blockade
                           -Protests at home
                           -Conditions for ending
                           -Prisoners of war [POWs]
          -North Vietnamese and Soviet judgment of the President
               -Johnson
               -Consequences of US defeat
                      -Middle East
          -Johnson’s actions
               -Compared to the President’s
          -North Vietnamese offensive
               -Bombing of North Vietnam, Hanoi and Haiphong
                                             20

                          NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                         (rev. 7/07)



                    -Kissinger
                    -Political consequences
                          -1972 election
                          -Possible defeat
                          -US foreign policy
                          -Public support for the President’s successor
         -Public opinion
              -Support for the President
              -Soviet summit
              -President’s trip to the PRC
              -Korean War
              -Kraft
              -Political benefits
         -North Vietnamese offensive
              -Possible defeat in 1972 election
                    -Consequences


*****************************************************************

BEGIN WITHDRAWN ITEM NO. 8
[Personal returnable]
[Duration: 18m 58s ]


END WITHDRAWN ITEM NO. 8

*****************************************************************


    Presidency
         -Requirements
               -World War II
                    -Compared with Vietnam
                          -Kissinger
                          -Sorties
         -Contacts with Soviet Union
               -Brezhnev
         -Contacts with PRC
               -Chou En-lai
               -Mao Tse-tung
         -Need for strength
                                                21

                           NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                         (rev. 7/07)




*****************************************************************

BEGIN WITHDRAWN ITEM NO. 10
[Personal returnable]
[Duration: 4m 58s ]


END WITHDRAWN ITEM NO. 10

*****************************************************************


     Vietnam
          -Blockade of Haiphong
          -POWs
          -Summit
          -Announcement
               -POW issue
               -Election

Stephen B. Bull entered at an unknown time after 9:38 am.

     The President's schedule
          -Meeting in Cabinet Room
               -Catholic leaders
               -Connally's attendance
               -Clarence Walton's delivery of a report
               -Size of group

Bull left at an unknown time before 11:06 am.

     Connally's plans
         -Conversations with Shultz and William F. (“Billy”) Graham


*****************************************************************

BEGIN WITHDRAWN ITEM NO. 12
[Personal returnable]
[Duration: 1m 22s ]
                                              22

                             NIXON PRESIDENTIAL MATERIALS STAFF

                                       Tape Subject Log
                                          (rev. 7/07)



END WITHDRAWN ITEM NO. 12

*****************************************************************


Connally left at 11:06 am.