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Conversation: 937-013

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Start Date: 12-Jun-1973 10:30 AM

End Date: 12-Jun-1973 11:15 AM

Participants:

Nixon, Richard M. (President)Ash, Roy L.Morgan, Howard

Recording Device: Oval Office

937-013.mp3

NARA Description:

On June 12, 1973, President Richard M. Nixon, Roy L. Ash, and Howard Morgan met in the Oval Office of the White House from 10:30 am to 11:15 am. The Oval Office taping system captured this recording, which is known as Conversation 937-013 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 937-13

Date: June 12, 1973
Time: 10:30 am - 11:15 am
Location: Oval Office

The President met with Roy L. Ash.

     National economy
          -President’s forthcoming meeting
                -Arthur F. Burns
                                               -22-


                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM 


                                         Tape Subject Log 

                                          (rev. June-2012)

                                                              Conversation No. 937-13 (cont’d)

           -Burns’s view
                 -Taxes
           -President’s June 11, 1973 meeting with George P. Shultz, Herbert Stein, and John
            T. Dunlop 

           -Ash’s and William Simon’s views 

           -Shultz, Stein     

           -Dunlop’s role       

           -John B. Connally’s possible role 


The President talked with Howard Morgan between 10:34 am and 10:37 am.

[Conversation No. 937-13A]

[Begin telephone conversation]

[See Conversation No. 40-26]

[End telephone conversation]

     White House staffing 

          -Bryce N. Harlow           

               -Role        

          -Melvin R. Laird       

          -Governors         


     National economy
          -President’s June 12, 1973 meeting with Labor-Management Committee
                -Stein, Shultz
                      -George Meany, Leonard Woodcock
                            -Partisanship
                            -Public statements compared to private statements
                            -Frank E. Fitzsimmons, Paul Hall
                                  -Support for President’s actions
                                         -Food prices      

          -Connally’s views        

          -Ash’s and Simon’s views 

          -Possible freeze      

                                         -23-

         NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                Tape Subject Log
                                 (rev. June-2012)

                                                               Conversation No. 937-13 (cont’d)

      -Applicability           

             -P.L. 480 [Public Law 480]                

             -Rent, interest, profits, wages             

      -Follow-up
             -Food         

      -Duration        

      -Use by administration                   

             -Conditioning of public opinion               

             -Connally’s possible role               

             -Cabinet          

             -Congress              

      -Ash’s views
      -Effect on Business               

             -Price reaction               

             -Stock Market              

      -Views of Stein, Shultz, and Dunlap 

             -Controlled economy through 1974                   

                   -Election
-Food prices
-Possible freeze
      -Inevitability of further economic controls 

      -Follow-up         

      -Simon        

      -Philosophies           

             -Further economic controls                

                   -Risk              

             -Phase III            

      -Congress’s possible action                  

             -Meany          

             -90 day freeze               

             -Phase II           

             -Veto override                

      -Polls
             -Louis P. Harris                

      -Congressional spending                    

      -Use by administration                   

             -Mental conditioning of populace
                                 -24-

       NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                          Tape Subject Log
                           (rev. June-2012)

                                                 Conversation No. 937-13 (cont’d)

                 -Cabinet
                 -Compared to budget spending battles
                 -Connally
Status
      -Problems of flat economy
            -Inflation, no growth
-Possible freeze
      -Effects
-Ash’s views
      -Conversations with Shultz and Stein
            -Position change
-Watergate
-Connally’s role
      -Shultz
-Laird’s possible role with Congress
      -Salesmanship
-Shultz
-Possible freeze
      -Follow-up
-Food prices
      -Agriculture Department projections concerning crop yields
            -Peter M. Flanigan’s analysis
-President’s forthcoming speech
-Foods prices
-President’s forthcoming speech
-Budget
      -Forthcoming Congressional actions
            -Possible vetoes
                   -Congressional override
                   -Need for popular support
                   -Public support for New Hampshire Governor
                   -Health, Education, Welfare
                   -Caspar W. (“Cap”) Weinberger’s view
                   -William E. Timmons’s view
                   -Connally’s suggestion
                   -Public opinion
                   -Taxes
                                        -25-

             NIXON PRESIDENTIAL LIBRARY AND MUSEUM

                                 Tape Subject Log
                                  (rev. June-2012)

                                                         Conversation No. 937-13 (cont’d)

                       -Voting
                       -Defense
                       -Taxes
                       -Veterans
                       -Education
                       -Alexander M. Haig, Jr.’s view
                       -Harlow, Laird
                       -Social programs
                             -Ash’s role
                             -Schools, hospitals, elderly, blacks

National economy
     -President’s forthcoming meeting
     -Possible freeze
           -Duration       

                 -Ash’s view      

                       -Economic data       

     -President’s forthcoming speech      

           -Certainty with some options       

     -President’s program

           -Use by administration      

                 -Salesmanship by administration officials          

                 -Mental conditioning of populace       

                       -Connally

Ash
      -Role on staff
      -Timing around Watergate

Watergate
     -Allegations concerning President
     -Ervin Committee hearings
           -John W. Dean, III         

                 -White House response         

                 -Immunity        

           -Archibald Cox’s views       

           -Effect on possible trials     

                                            -26-


                   NIXON PRESIDENTIAL LIBRARY AND MUSEUM 


                                     Tape Subject Log 

                                      (rev. June-2012)

                                                           Conversation No. 937-13 (cont’d)

                      -Samuel J. Ervin, Jr.
           -Popular support
                -Ash’s conversation with Edgar F. Magnin in California

     President’s schedule

Ash left at 11:15 am.