Conversation: 948-012
Prev: 948-011 Next: 948-013Start Date: 11-Jul-1973 3:03 PM
End Date: 11-Jul-1973 4:22 PM
Participants:
Nixon, Richard M. (President); Connally, John B.; Woods, Rose Mary; Sanchez, Manolo;Recording Device: Oval Office
NARA Description:
On July 11, 1973, President Richard M. Nixon, John B. Connally, Rose Mary Woods, and Manolo Sanchez met in the Oval Office of the White House from 3:03 pm to 4:22 pm. The Oval Office taping system captured this recording, which is known as Conversation 948-012 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 948-12
Date: July 11, 1973
Time: 3:03 pm - 4:22 pm
Location: Oval Office
The President met with John B. Connally.
Cabinet meeting, July 11, 1973
National economy
-Export controls
-Exceptions
-Meat
-20-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Ceiling on prices
-Compared to previous action
-President’s program
-Need for taper
-Short-term compared to long-term objectives
-Government’s role
-Consumer expectations
-Food prices
-Fruits and vegetables
-Seasonal fluctuations
-Meat
-Ceiling on price
-Earl L. Butz’s view
-Beef compared with pork
-Hog prices
Rose Mary Woods entered at 3:08 pm.
President’s schedule
-Forthcoming meeting with Senators
-Message
-Julie Nixon Eisenhower
Woods left at 3:10 pm.
National economy
-Meat
-Hog prices
-Fluctuations
-Cycles, overproduction
-Ceiling on price
-President’s program
-Previous meeting
-Support
-President’s strategy
-Arthur F. Burns’s views
-Controls
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Duration
-Exemptions
-Graduated approach
-Public confidence
-Inflation
-Phase-out timetable
-Food
-60-day
-Input
-Livestock
-Beef-raising cycle
-Butz’s view
-Hog production
-Feed prices
-Corn, grain
-Profitability
-Margin
-Single supplier
-Flexibility
-Agriculture
-Butz’s views
-Leslie C. Arends’s views
-Controls
-Farms, businessmen, labor leaders
-Compared with consumers
-Consumers’ support
-Duration
-Butz
-Poultry production
-Price of eggs
-Cyclic production
-Purina
-Market dominance
-Poultry compared to hog production
-Broilers
-Purina
-Feed subsidies
-22-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Supply of broilers
-Pork packing houses
-Closings
-Sanitary laws
-Cattle compared to chickens
-Grain
-Export controls
-Connally’s support
Manolo Sanchez entered at an unknown time after 3:10 pm.
Refreshments
Sanchez left at an unknown time before 4:22 pm.
National economy
-Export controls
-Duration
-Possible effects
-Priorities
-Domestic consumption compared to world consumption
-Timing
-Crop yields
-Agricultural acreage
-World food supplies
-Prosperity
-Soviet Union
-Leonid I. Brezhnev’s decisions
-Consumer
-People’s Republic of China [PRC]
-Transition of economy
-Future strain of PRC demand
-Payment
-Balance of trade
-Textiles
-World food shortage
-US role
-23-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Latin America’s role
-Brazil
-Latin America’s role
-Agricultural acreage
-Compared to Midwest, Texas
-Development of roads, refrigeration
-South America
-Population
-Poverty
-Birth control
-Studies
-Efficiency of land use
-US expertise
-Soviet Union
-Price controls
-Industry
-John T. Dunlop’s views
-Phase III
-Difficulties
-Timing
-Controls
-Goal
-Removal of controls
-President’s possible statements to farmers
-Pittsburgh, Des Moines, Illinois
-President’s possible statement to livestock industry
-Food prices
-Popular views
-Balance of payments
-Japan, PRC, Soviet Union
-Strength of dollar
-US position in global economy
-Strength of dollar
-Paris, Zurich, Geneva, Bonn
-Soviet Union grain deal
-Terms
-Agricultural prosperity
-24-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Regions of US
-South, Midwest, West
-Southeast
-Peanuts, soybeans, cotton, corn, cattle
-Southwest, Texas, Oklahoma, Louisiana
-Soybeans, wheat
-Wheat
-Midwest
-West
-California
-Economic and political importance
-Cattle prices
-Connally’s sale of heifers, July 10, 1973
-Feed
-Beef production
-Agriculture
-Prices
-Corn
-Yield
-Net profit
-Wheat
-Butz’s view
-60-day
-Export controls
-Duration
-Crop cycle
-Corn production
-Compared with previous years, estimates
-Dunlop’s view
-Need for controls
-Council of Economic Advisors [CEA]
-Export controls
-Predictions
-Impact of weather, insects, storms
-Frederick B. Dent’s, others’ statement
-Export controls
-Crop year
-25-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Labor
-Forthcoming negotiations
-Jobs
-Real income
-Possibility of strikes
-Increase in real disposable income
-Compared to inflation
-Food prices
-Consumption of meat
-President’s childhood diet
-Increase in production, consumption
-Per capita
-Farm program
-Farm legislation
-Subsidies
-Anachronism
-Signing of legislation
-Public statements
-Previous surpluses
-Free market
-Fears
-Parity
-1968 campaign
-Hubert H. Humphrey
-Grain program
-Connally’s farm
-Soil Conservation Service
-[Higara ?]
-Chicken feed
-Implications of rules
-Deferred grain program
-Implications of rules
-Export controls
-Maize
-Cattle feed, hay, chicken feed, hog feed
-Cross-purposes
-Deferred grain program
-26-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Agriculture Department
-Farm bill
-Parity for milk
-Milk producers
-Dairy co-operatives [co-ops]
-Milk
-Previous supplies
-Current production
-Competition from overseas
-Europe
-Cheese, butter
-Dairy co-ops
-Compared with unions
-Demand
-Price supports
-Pending legislation
-President’s approval
-Senate
-Carl T. Curtis
-Milton R. Young
-Senate bill compared to House of Representatives bill
-Curtis
-William R. Poage’s conversation with President
-Leonid I. Brezhnev signing ceremony
-President’s possible veto
-Connally’s view
-Support prices
-Goal
-Approval
-Appeal to East Coasters
-Sellers’ market
-Possible effects of veto
-President’s credibility
-Labor-Management Advisory Committee
-Role of government
-Problem solving
-Private initiative
-27-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Businessmen, farmers, consumers
-Compared to Europe
-Great Britain, France
-Germany
-Labor relations
-Japan
-Labor rates
-Europe, Germany, Japan, USSR, PRC
-Private initiative
-“Pioneer spirit”
-US deficit
-Midwest, South
-Compared to East
-Eastern establishment
-President’s leadership
-Watergate
-Distraction
-Timing
-Forthcoming testimony of H. R. (“Bob”) Haldeman, and
John D. Ehrlichman
-Possible outcome
Watergate
-Ervin Committee hearings
-Forthcoming testimony of Haldeman and Ehrlichman
-Henry A. Kissinger’s conversation with President
-Thomas W. Braden
-Nelson A. Rockefeller
-Braden, Frank F. Mankiewicz, and George S. McGovern
-Plan
-John W. Dean, III
-Duration, scope of investigation
-Public interest
-Public opinion
-Ervin Committee hearings
-Witness list
-Haldeman, Ehrlichman, John N. Mitchell, and Herbert W.
-28-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
Kalmbach
-Internal Revenue Service [IRS]
-Enemies list
-President’s and Connally’s knowledge
-Dr. Michael DeBakey
-Investigations
-Audits of President’s returns in 1961 and 1962
-Robert F. (“Bobby”) Kennedy
-Leaks of income tax returns
-Dean’s list
-Request for investigations
-Johnnie M. Walters’s response
-Investigation of Connally while Secretary of Treasury
-Investigations
-Charles G. (“Bebe”) Rebozo
-William F. (“Billy”) Graham
-Dr. W. Kenneth Riland
-Walters’s response
-Robert H. Abplanalp
-Stories regarding President’s San Clemente property
-Campaign funds
-President’s response regarding finances
-President’s finances
-Abplanalp
-Rebozo
-Los Angeles Times story regarding Teamsters
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[Begin segment reviewed under deed of gift]
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BEGIN WITHDRAWN ITEM NO. 5
[Personal returnable]
[Duration: 43 s ]
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
END WITHDRAWN ITEM NO. 5
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[End segment reviewed under deed of gift]
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Watergate
-Stories regarding President’s San Clemente property
-General Services Administration [GSA] improvements
-United States Secret Service [USSS]
-Freedom of Information Act [FOIA] request
-Press coverage, public reaction
-Thomas J. (“Tom”) Steed’s statement
-Approval
-Justification
-John F. Kennedy’s assassination
-Robert F. (“Bobby”) Kennedy’s assassination [?]
-USSS
-Fence
-Railroad tracks
-Mexican-Americans
-President’s possible response
-Facilities at Lyndon B. Johnson ranch
-Airstrip
-Public knowledge
-Facilities at Dwight D. Eisenhower’s ranch
-Hyannis Port, Massachusetts
-USSS orders
-Contrasted with President’s preferences
-Net worth
-White House response
-President’s possible statement
-Timing
-Content
-Watergate compared to President’s San Clemente property
-30-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Abplanalp
-Precision Valve Co.
-Anti-trust suit
-Jewish plaintiffs
-Justice Department
-Bertram L. Podell’s statement
-Abplanalp, Rebozo
-Reluctance to use Presidential plane
-Robert L. Vesco
-White House response
-President’s possible statements
-Aplanalp, Rebozo
-Connally’s viewpoint
-Need to build sympathy
-Abplanalp
-Rebozo
-Rebozo
-Howard Hughes’s contribution
-Maurice Stans
-Handling
-Return
-Kalmbach
-Federal Bureau of Investigation [FBI] agent [First name
unknown] Calhoun
-Amount
-1972 campaign contributions
-Stans
-Compared to McGovern’s campaign
-Source of funding
-White House response
-Possible public statements
-Possible Congressional action
-Possible effects
-Return to contributors
-Contributors
-Business people
-Possible statements
-31-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Ervin Committee investigation in Houston, Texas
-Handling by Connally
-George Brown
-Statement
-Archibald Cox
-Forthcoming White House response
-Duties
Connally’s schedule
-Foreign travel
-Brezhnev
-Timing of trip
-August 3
-Business interests
-Possible task force
-Connally’s conversation with Walter B. Wriston and William E.
Simon
-Union of Soviet Socialist Republics [USSR]
-Romania, Poland, Czechoslovakia
-Middle East
-Advisability
-USSR
-PRC
-Connally’s personal interests
-USSR compared with PRC
-Order, timing of trips
-President’s role
-PRC and Japan
-Timing
-Connally’s availability
-PRC
-President’s experience
President’s schedule
-Public appearances after Labor Day
-Compared to campaign
-Response to opponents
-32-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
Connally’s schedule
-Domestic travel, speaking appearances
-Florida
-Edward J. Gurney
-Kansas
-Robert J. Dole
-Kansas Republican Committee
-Oklahoma, Arizona, California, Oregon, Illinois
-Ohio
-New York
-Ohio, Pennsylvania
-Frank Dale in Cincinnati
-[Horace] Chapman (“Chappie”) Rose in Cleveland
-Preston Wolfe in Columbus
-Trip to USSR
-Timing
-Eastern Europe
-Poland
-Announcement
-Ronald L. Ziegler and Alexander M. Haig, Jr.
-Trip preparations, rejoining law firm
-Timing, focus
-President’s forthcoming speech
Jamaica
-Statehood
Nassau [Bahamas]
-Independence
-Likelihood of success
-Government
-US action
-Population
-Poverty
-Military, diplomatic corps
-United Nations [UN] ambassador, ambassador to US
-33-
NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. November-2012)
Conversation No. 948-12 (cont’d)
-Appropriations
-Tourism
-Taxation
-Hotels
-Abplanalp
-Residence
Watergate
-White House
-Timing
-Effect
-Popular view
-Ervin Committee hearings
-Mitchell, Haldeman, Ehrlichman
-Televised testimony
-Popular view
-Saturation
John A. Love
-Appointment to Energy Policy Office
-Need for encouragement
-Meeting with [Shah of Iran] Mohammed Reza Pahlavi
-Connally’s attendance
Connally’s schedule
-Forthcoming dinner
Connally left at 4:22 pm.