Conversation: 936-002
Prev:  936-001 Next: 936-003Start Date: 11-Jun-1973 5:16 PM
End Date: 11-Jun-1973 5:24 PM
Participants:
Nixon, Richard M. (President); Shultz, George P.; Stein, Herbert; Dunlop, John T.; Recording Device: Oval Office
NARA Description:
On June 11, 1973, President Richard M. Nixon, George P. Shultz, Herbert Stein, and John T. Dunlop met in the Oval Office of the White House from 5:16 pm to 5:24 pm. The Oval Office taping system captured this recording, which is known as Conversation 936-002 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 936-2 Date: June 11, 1973 Time: 5:16 pm - 5:24 pm Location: Oval Office The President met with George P. Shultz, Herbert Stein, and John T. Dunlop. President’s schedule National economy -Export control -Legal justification -Report -Completion date -President’s knowledge -Staff -Shultz -Office of Management and Budget [OMB] -Labor-Management Advisory Committee -President’s assessment -George Meany -Health -Attendance -Walter B. Wriston -Moscow -I[lorwith] W[ilbur] Abel -Steelworker meeting in Nevada -Abel’s views -Public attention -Wage-price freeze -Follow up -3- NIXON PRESIDENTIAL LIBRARY AND MUSEUM Tape Subject Log (rev. July-2011) Conversation No. 936-2 (cont’d) -Stein’s view -Price, wage czar -Paul Hall and Frank E. Fitzsimmons’s views -Goals -Public attention -Phase III -Food -Attention to Congress -Compared to export controls -Soybeans -Japan -Wages, prices -Labor-Management Advisory Committee -Shultz -Impact -Business -Labor -Consumer credit -Budgetary problems -Interest rates -Mortgage rates -Government subsidies -Arthur F. Burns’s views -Controls -Possible freeze -Duration -30, 60 days -Results -Congressional reaction -Follow-up -Phase III -Political considerations -1974 elections -Economic predictions -White House response -President’s reluctance -Export controls -4- NIXON PRESIDENTIAL LIBRARY AND MUSEUM Tape Subject Log (rev. July-2011) Conversation No. 936-2 (cont’d) -Credibility of White House plan -Dunlop’s assessment -Pre-notification, licensing -Crop yields -Food prices -Retail -Risk -President’s willingness -Phase IV controls -PL 480 -Paper -Aid requests -India -Pakistan -Shultz’s conversation with National Security Council [NSC], Gen. Brent G. Scowcroft -Aid levels -Cuts -Supply problem -Price rise -Wheat -President’s forthcoming speech -Preparation -Philosophy and practice Shultz, Stein, and Dunlop left at 5:24 pm.