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Conversation 009-090

TapeTape 9StartMonday, September 20, 1971 at 10:50 AMEndMonday, September 20, 1971 at 11:23 AMTape start time02:27:16Tape end time02:29:46ParticipantsConnally, John B.;  Petty, John R.Recording deviceWhite House Telephone
AI Summary

Treasury Secretary John Connally and John R. Petty discuss logistical planning for an upcoming reception for International Monetary Fund (IMF) delegates. Connally seeks guidance on the best timing for a potential presidential event, weighing the impact of preempting the traditional U.S.-hosted reception at the Smithsonian. They also review the size and composition of the guest list, specifically concerning finance ministers, central bank governors, and their spouses, to determine how to scale the event.

IMFTreasury DepartmentInternational relationsEvent planningDiplomatic receptionsMonetary policy
AudioNARA Description

On September 20, 1971, John B. Connally and John R. Petty talked on the telephone at an unknown time between 10:50 am and 11:23 am. The White House Telephone taping system captured this recording, which is known as Conversation 009-090 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 9-90

Date: September 20, 1971
Time: Unknown between 10:50 am and 11:23 am
Location: White House Telephone

John Connally talked with John R. Petty.

[See Conversation No. 576-8C]

     Meeting with the President

     Treasury Department reception
          -Time and location
          -Smithsonian

     Official functions

     Treasury Department reception for members of the International Monetary Fund [IMF]
          -Attendants
               -Finance Ministers
               -Central bank governors
               -Numbers
               -Paul A. Volcker
               -Past numbers
Transcript (AI-Generated)

This transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.

Hello.
I have Mr.
Petty.
All right.
John.
John.
Hello.
John.
Yes, sir.
I'm here with the president.
We're trying to get these dates.
You don't have your calendar with you, do you?
You're not in the office, are you?
I am.
I might ask.
Yes, sir.
Oh, you are?
Okay.
What...
What night is Treasury planning on having its reception?
Wednesday.
Wednesday what?
Wednesday, September 29th.
Wednesday, September 29th.
Okay.
That's at the flag hall at the Smithsonian.
Yeah.
Okay.
Now, what other events are taking place?
Assume for the moment that the President might want to have a reception and supplant the Treasury, but soon we want to have it some other night.
What night would be the best?
What other official functions are there, in other words?
There are a whole series of different countries that give their own receptions for their visiting ministers.
And ordinarily, Wednesday night has been reserved pretty much for the U.S. big show.
Wednesday the 29th.
Now, if we chose any other time, obviously we'd be preempting
which is possible.
Every other night there are a bunch of parties being given functions.
And there's not much competition with the U.S. from 6 to 8 o'clock on Wednesday.
Okay.
Now, what's the least number of people that we could invite?
Who comes to this IMF?
Obviously the finance minister.
The finance minister and the central bank governor are almost always the delegates, and they have their undersecretaries.
Most of them come with their wives.
Okay, so you do have the central bank governors.
Central bank governors.
Let's say there's 120 country members.
Right.
How many of them will be here?
Oh, they'll all be here.
They'll all be here, 120 of them.
Yeah.
120 finance ministers and their wives and 120 central bank governors and their wives.
And there's, in addition to that, there's sort of the Paul Volkers of the delegation, things like that.
Now, at the...
The Secretary's reception in the past, we've invited as much as, oh, about 22 to 2,500 to about 1,500 coming.
Yeah.
Now, that includes the big banks of the respective countries that are in town, and they don't need to become that type of thing.
Okay.
Okay.
Thanks very much.
Okay.
Bye.
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