Conversation No. 870-4

Date: March 6, 1973
Time: Unknown between 4:20 pm and 4:46 pm
Location: Oval Office

The President met with Stephen B. Bull.

       William P. Rogers
             -Briefing [?]

Robert B. Pamplin entered at 4:22 pm; the White House photographer was present at the beginning
of the meeting.

       President's schedule
             -William H. Carruthers [?]

Bull left at 4:22 pm.

       President's meeting with mayors

       Georgia-Pacific Co.
            -Owen [surname unintelligible]

       Pamplin's praise for President
           -Problems

       Congress
            -Budget and spending issues

An unknown man entered at an unknown time after 4:22 pm.

       Refreshment
            -Pepsi-Cola
                  -Donald McI. Kendall [?]

The unknown man left at an unknown time before 4:46 pm.

       Federal Trade Commission [FTC] decision against Georgia-Pacific Co.
            -During President’s administration
                                      -13-

           NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                Tape Subject Log
                                 (rev. Mar.-09)
                                                    Conversation No. 870-4 (cont’d)



     -Miles W. Kirkpatrick
           -Successor to Caspar W. (“Cap”) Weinberger as chairman
           -Crusaders
     -Problems of enforcement
     -Georgia-Pacific Co. plants in South
           -Plywood manufacture
     -Price of timber
           -Housing boom
           -Increases
                  -Charges against Georgia-Pacific Co.
                        -Small firms
                  -Reasons
                        -Housing boom
     -Timber rights in South
     -Solution to problem
           -Spin-off company
                  -Louisiana Pacific
           -Problems with expansion
                  -Plywood production
                  -Increased prices
     -Small producers
           -Conflict with Georgia-Pacific Co.
                  -Monopoly claim
     -Oil analogy
           -Supplies
     -Solution
           -FTC cooperativeness
                  -Alan Waller [?]

Big business
     -Work with courts
     -Work with independent administrative agencies
           -Civil Aeronautics board [CAB], Interstate Commerce Commission [ICC],
             FCC

Administration's appointments
    -John B. Connally
    -Radicals
                                   -14-

           NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                            Tape Subject Log
                             (rev. Mar.-09)
                                                    Conversation No. 870-4 (cont’d)



     -Commissions
           -Roles
           -Judge compared with advocate role
           -Compared with a court of law
                  -Interpretation of existing law
     -Supreme Court: Warren E. Burger, Harry A. Blackmun, William H. Rehnquist,
      Lewis F. Powell, Jr.
           -Possible replacement for William O. Douglas
           -Importance of appointments
                  -Tenure in office
     -Federal Power Commission
           -Delays
                  -Natural gas
                         -Price
                         -Production
                                -Energy crisis
     -Difficulty filling appointments
           -Salary
           -Political aspects of appointment
           -Qualifications [?]
     -Internal Revenue Service [IRS]
           -Director
           -Bureaucracy
                  -Leftists
                         -Lawyers, accountants
                                -New Deal
                         -Attacks on big business
     -Administration policies
           -Fairness toward business interests

US wood exports to Japan
    -West Coast
    -As customers
    -Integration with Japan’s sawmills
          -Lumber
    -Imports of timbers
    -Housing boom
          -Home builder complaints in US
                                     -15-

            NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                               Tape Subject Log
                                (rev. Mar.-09)
                                                    Conversation No. 870-4 (cont’d)



     -Japan’s pricing practices
           -Lumber compared with logs
     -Impact on US jobs
     -Impact on housing industry
           -Supplies
                 -Canada
     -Wood pulp, chips, logs
           -Other exporters
     -Need to maintain trade
     -Restrictions
           -Public compared to private
     -Weyhauser Co.
     -Impact on foreign exchange
     -Chips
           -Lumber mill by-product
                 -Excess
           -Creation of pulp
     -Japanese as customers

Pamplin's visit to Japan
    -Japan’s trade plans
            -Joint ventures in US

US-Japan relations
           -Importance

Pennsylvania Railroad
     -Labor problems
           -Need for correction
           -Danger of spreading
           -Effects on industry
                 -Competition
                 -Customers
                        -Japan [?]
                 -Efficiency
           -Steel strike
                 -1959 settlement
                 -Roger Blough, Conrad Cooper, Arthur Goldberg
                                        -16-

            NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                  Tape Subject Log
                                   (rev. Mar.-09)
                                                     Conversation No. 870-4 (cont’d)



                 -Work rules issue
                      -Union intransigence

Unions
     -Wage increases
           -Food price increases
                -Membership pressure
                -Rate of inflation
     -Real wages
           -Production

Inflation
       -Compared with other countries
             -Japan
             -West Germany
             -Great Britain
             -Italy
             -France
       -Japan
             -Wage increases
             -Decline of real wages

Prisoners of war [POWs]
      -Effect of return on the American people

Farmers
     -Subsidies
           -Competition with People’s Republic of China [PRC], Unions of Soviet
            Socialist Republics [USSR]
           -Prices
           -Increased production
           -Decline of dependence on government, self-respect
     -Programs
           -Cuts
                 -Congress

President's business philosophy
      -Dwight D. Eisenhower
                                             -17-

                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                      Tape Subject Log
                                       (rev. Mar.-09)
                                                              Conversation No. 870-4 (cont’d)



             -Labor leaders
                  -Support for business
                  -George Meany, Frank E. Fitzsimmons

Pamplin left at 4:46 pm.