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Conversation: 748-007

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Start Date: 20-Jul-1972 10:38 AM

End Date: 20-Jul-1972 12:02 PM

Participants:

Nixon, Richard M. (President)Bull, Stephen B.Haldeman, H. R. ("Bob")Hammer, ArmandButterfield, Alexander P.

Recording Device: Oval Office

748-007.mp3

NARA Description:

On July 20, 1972, President Richard M. Nixon, Stephen B. Bull, H. R. ("Bob") Haldeman, Armand Hammer, and Alexander P. Butterfield met in the Oval Office of the White House at an unknown time between 10:38 am and 12:02 pm. The Oval Office taping system captured this recording, which is known as Conversation 748-007 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 748-7

Date: July 20, 1972
Time: Unknown between 10:38 am and 12:02 pm
Location: Oval Office

The President met with Stephen B. Bull.

      The President's schedule
           -Meeting with Armand Hammer
                -Off-the-record basis
                       -Compared to on-the-record bases
                -Henry A. Kissinger's possible objection
                -Alexander M. Haig, Jr.
                -Kissinger's possible objection

H. R. (“Bob”) Haldeman entered at 10:59 am.

                 -Hammer
                     -Quotes
                         -Staff
                     -Business deal with Soviet Union

Bull left at an unknown time before 11:00 am.

                      -Haldeman’s schedule

[The following portion of the conversation is included in RG 460; there is no transcript for this
portion.]

Hammer entered at 11:00 am.
                                         9

                NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. Oct-06)


Hammer's trip to Soviet Union
   -The President’s trip to the Soviet Union
          -Hammer’s statement
   -Business deal

Hammer's meeting with Peter G. Peterson in Morocco

Arrangements for photograph session
     -Dwight D. Eisenhower, John F. Kennedy

Hammer's meeting with Peterson
   -Taft Schreiber

Soviet Union
     -Dealings with businessmen
           -Possible trade center
                 -Hammer's conversation with Stephen D. Bechtel
           -Time interview
                 -Russian word
                 -The President's and Thelma C. (“Pat”) Nixon's previous trip
           -Anatoliy F. Dobrynin's trip to California
                 -Henry Kissinger's dinner
                     -Col. Robert M. Behr [?]
                     -June Haver's singing
                             -Fred MacMurray
                 -Russian language
                     -Spanish language
           -Russian word
           -The President’s efforts
           -Hammer's contacts with Vladimir I. Lenin
                 -Farm concession
                 -Leonid I. Brezhnev
                 -Letter
                     -Henry Ford
                     -Franklin D. Murphy
                     -Date
           -Kissinger
     -Press release after signing of agreement
           -Peterson
     -White House cooperation with Hammer
           -Peterson
     -Book [Quest of the Romanoff Treasure]
     -Mrs. Nixon
                                        10

                NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. Oct-06)


     -Hammer's relations with Lenin
          -Correspondence
     -Photographs of Hammer during Soviet famine
     -White House cooperation with Hammer
          -Peterson
          -Kissinger
          -Peter M. Flanigan
          -Helmut (“Hal”) Sonnenfeldt
               -Kissinger
                    -Vietnam

Hammer’s art collection
   -[Quest of the Romanoff Treasure]
         -Hammer's acquisition of Russian crown jewels
   -Peter Karl Faberge
   -Art galleries in New York
   -Hammer
   -Frances (Tolman) Hammer
   -Knodler
   -Dorothy B. Chandler

Hammer's trip to Soviet Union
   -Soviet Minister of Culture [Ekaterina A. Furtseva]
   -Exchange of art exhibits
          -Royal Academy
          -Hermitage
          -Pushkin
          -The Netherlands

The President's trip to Soviet Union
     -Pavlovsky

Catalog of Hammer's art collection
     -Royal Academy
     -Los Angeles
     -National Gallery of Art

John A. (“Jack”) Mulcahy
     -Exhibit in Dublin of Hammer's collection
           -Invitation to Julie Nixon Eisenhower
           -Date

Ireland
                                         11

                NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. Oct-06)


     -Violence in north
           -Great Britain

Irish ancestry of the President and Mrs. Nixon
      -Mrs. Hammer’s view

Hammer's lunch with Katharine L. Graham
   -Mrs. Hammer
   -Graham
          -The President’s view

Article for Mrs. Nixon

Anna (“Grandma”) Moses
    -Gift for Mrs. Nixon
           -Portfolio

San Clemente
     -Statue
     -Invitation to Hammer and Mrs. Hammer
           -Herbert W. Kalmbach
           -Adele (Langston) Rogers

Soviet Union
     -Nikolai Patolichev
          -Pencil-making
                -Hammer’s enterprises
                -Compared to other efforts
                     -Missiles, moon missions

The President's conversation with Chou En-Lai
     -Pencil-making

Hammer's trip to Soviet Union in 1961
   -Nikita S. Khrushchev
   -Kennedy
   -Trade
   -Luther Hodges, Sr.
   -Anastas Mikoyan
          -Conversation with Hammer
          -Khrushchev
          -Conversation with Hammer
   -Meeting with Khrushchev
                                        12

                NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                  (rev. Oct-06)


           -India
                 -Jawaharlal Nehru
           -Mikoyan
           -Trade ban on crab meat
                 -Slave labor
                      -Hammer's subsequent meeting with Kennedy and Hughes
                      -C. Douglas Dillon
                             -Secret Service
                                   -Japanese fishermen
                                        -Josef V. Stalin
           -Dobrynin
           -Presentation of pencil
     -Visit to pencil factory
           -Mrs. Hammer
           -Moscow River
           -Meeting with staff members and Khrushchev
           -Khrushchev's subsequent speech
                 -Hammer's pencil concession from Lenin

Hammer's last trip to Soviet Union
   -Art collection
   -Climate of relations
          -Congress

US foreign policy
    -Soviet Union
    -People's Republic of China [PRC]

Democrats for Nixon
   -The President’s conversation with John B. Connally
   -Marvin Watson
          -Relationship with Hammer
   -1972 election’s importance
   -Watson
          -Connally
          -Hammer’s view
          -Occidental Petroleum’s success
               -Libyan investment
                   -Muammar Qaddafi, Abdul Salam Jalud
          -Hammer’s call of July 19, 1972
               -Connally’s call to Hammer
               -Role in Lyndon B. Johnson administration
          -Relationship with Johnson
                                        13

                NIXON PRESIDENTIAL MATERIALS STAFF

                                Tape Subject Log
                                  (rev. Oct-06)


               -Johnson’s view of the President and his policies
               -The President’s possible call to Johnson
          -Possible results of a McGovern victory
               -Mrs. Hammer
               -Frank L. Rizzo
                    -Australia
          -Role with Occidental
               -Soviet Union
          -Connally
          -The President’s possible call to Johnson
               -Haldeman
          -Role with Occidental
               -Neil Colby
          -Colby
               -Role in Johnson administration
               -McGovern
               -Relationship with Hammer
          -The President’s possible call to Johnson
     -Timothy Babcock
          -Role with Occidental
               -Soviet Union trip
          -Washington, DC
     -Watson
          -Connally
          -Johnson
          -Contract
               -Stock options

Hammer's trip to Soviet Union
   -Effect on Occidental's stock price
          -The President
          -Tankers
          -Libya
          -Tanker losses
          -Restriction on New York Stock Exchange trading
                -New York Times
          -Hammer's possible conversation with Soviets
                -Size of lots
         -Telegraph Agency of the Soviet Union [TASS] reporter
                -Lotus Club
                    -Puss `N' Boots Bar

Painting
                                                14

                      NIXON PRESIDENTIAL MATERIALS STAFF

                                        Tape Subject Log
                                          (rev. Oct-06)


          -Howard [Surname unknown]

     Hammer’s political contributions
        -Maurice H. Stans

     Presentation of gifts by the President
          -Photograph of Nixon family
          -Cufflinks

     Soviet Union
          -William P. Rogers
          -Cultural exchange with US
          -Furtseva
                -Sonnenfeldt

     Mrs. Hammer

     Los Angeles

     Art show in Dublin, Ireland
          -Julie Nixon Eisenhower
          -Irish votes
          -Mulcahy

Hammer left and Bull entered at 11:39 am.

[End of RG 460 Portion]

Bull left at an unknown time before 11:50 am.


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

BEGIN WITHDRAWN ITEM NO. 10
[Personal returnable]
[Duration: 1m 32s     ]


END WITHDRAWN ITEM NO. 10

*****************************************************************
                                         15

                   NIXON PRESIDENTIAL MATERIALS STAFF

                                   Tape Subject Log
                                     (rev. Oct-06)


    Hammer
       -Flanigan's opinion
             -Memorandum
       -Financial situation
             -Compared to other oil companies
                  -Standard Oil of Jersey
             -Compared to Business Council members
                  -Henry E. Ford, II
       -Flanigan
       -Marvin Watson's role with Occidental
       -Timothy Babcock
       -Watson
             -Wealth
                  -Stock
       -Compared to Norton Simon
             -David J. Mahoney, Jr.
       -Compared to H. Ross Perot

    Irving Kristol
         -View on stock options
               -Taxes
                   -Reading file
                   -Business managers
                        -Risk
                   -Risk
                        -Investors

    Business managers
         -Recruitment
              -Supply and demand
         -Watson


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

BEGIN WITHDRAWN ITEM NO. 11
[Personal returnable]
[Duration: 39s      ]


END WITHDRAWN ITEM NO. 11

*****************************************************************
                                               16

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                       Tape Subject Log
                                         (rev. Oct-06)




      Polls
              -News summary of July 20, 1972
              -Handling
                   -Selectivity

      Hammer

      John B. Connally’s schedule

Butterfield entered at 11:50 am.

      Cabinet meeting July 21, 1972
          -Breakfast July 21, 1972
                -John N. Mitchell
                -Stans
                -Connally

Butterfield left at 11:52 am.

      Mitchell
          -Forthcoming meeting with Haldeman
          -Martha Mitchell

      Watergate
          -Haldeman's forthcoming meeting with John W. Dean, III
          -Dean's role
                 -Haldeman, John D. Ehrlichman
                 -Charles W. Colson
          -Jeb Stuart Magruder
                 -Tenure
                 -Mitchell
                 -Possible statement
          -Hugh W. Sloan, Jr.
                -Possible testimony
                      -Immunity
                 -Role
                 -Knowledge
                      -Campaign Spending Act
                 -Possible testimony
                      -Fifth Amendment
          -Magruder
                                              17

                      NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. Oct-06)


                 -Possible immunity
                      -Haldeman conversation with Dean
                      -Burglars
                      -G[eorge] Gordon Liddy
           -Immunity
                -Possible effects
                -Magruder
           -Public expression of participants' motives
                -George S. McGovern
           -Immunity
                 -Magruder
                      -Removal from position
                 -Hugh Sloan
           -Herbert L. (“Bart”) Porter
           -Possible witnesses
                 -Magruder
                 -Mitchell


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

BEGIN WITHDRAWN ITEM NO. 12
[Personal returnable]
[Duration: 1m 21s ]


END WITHDRAWN ITEM NO. 12

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


Butterfield entered at an unknown time after 11:52 am.

     Robert Warnecke

Butterfield left at an unknown time before 12:02 pm.

     Meeting
         -Connally
         -Colson
         -White House staff
         -Haldeman
         -Colson
                                                18

                        NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. Oct-06)



     Haig
            -Briefing of McGovern July 21, 1972
                  -The President's presence
                  -Location

     Press coverage
          -Kissinger
          -Meany

     Watergate
         -Ehrlichman's view

Haldeman left at 12:02 pm.