Conversation 247-004

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 Do not cite this transcript as authoritative.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.

Mr. President, if you would see Dr. Brown tonight by tomorrow night, can you understand?

I guess it's really impossible to help them.

I mean, I know they're helping, but first they can't match, and second thing, they're very good, and third, that's it.

Where else do blacks want to go?

They're lost in the big cultures, aren't they?

other white colleges to look at it and try to figure out how to spend the money.

Well, they're run down facilities and they've got second grade faculties and not very good administration.

And the students, most of them are needy and they're going to drop out after a year anyway.

This must be a terrible, terrible problem for the part of the state.

A good black teacher is worth a damn.

They're going to go to Stanford or somewhere.

They're being robbed.

I don't think they're good teachers, but they're good students.

It's worth all the people who are good black teachers.

I don't think anybody else is black very well.

I have a call from John Mitchell, asking what he would discuss with James or Hoover, because Hoover today issued a memorandum to his 12 top people, which is to cut party out of the distribution of some intelligence material to strongly imply another part of the memorandum.

Man, Hoover and this number one man, Sullivan, have been conducting electronic surveillance at your instruction.

I said that he couldn't divine significance of this, but it would help him a great deal to know what had been discussed and whether or not any of this was founded on their conversation or whatever it was using the occurrence of the conversation to begin some kind of a maneuver or display of something.

I hope the conversation had no relation to any of this.

I hope it was something that said, you know, I'm just going to get down.

I know you got my message.

Oh, Ray, how about the...

Clindy's, because Clindy's had called for an investigation, where I had, uh, I mean, well, I was actually the one who said that, apparently, Clindy's had called.

So, Clindy's did make a mistake, and he backed off of it.

But he meant to say, welcome an investigation into that issue.

Absolutely correct.

We set up, first of all, that domestic intelligence unit idea with Houston.

You called the intelligence chiefs in in order to do that.

You have to report that Hoover descended to Houston.

successfully blocked anything happening.

So that didn't work, so we gave up on that.

The Attorney General refused to implement it because he didn't want anything to do with Houston.

Then we went another route, which was for the Attorney General, Erwin, and me to form a combine that would have the stroke to get this done.

And we went outside to get a guy to run.

That guy wasn't able to stay.

And in the process, the Attorney General brought Marty in.

in that whole domestic intelligence division.

Your internal security division, with the idea of his using that funding and that front, in fact, to handle all this.

And they got a singular lack of cooperation through all of that from Booth.

But you've got that strong cooperation from Sullivan.

I've always gotten it.

Hoover has never given anything that I've asked him to do or to do that.

You know, when it comes to the pricing, he doesn't quote me.

But this other thing, when it comes to Marty, he does, and he hasn't accepted the Marty apparatus as being under your spine.

I just ignore him.

So he's certain about it.

But now, apparently, he has openly, and Mitchell has been pushing him.

on this, in a sense, to do it.

He's purposely been laying stuff out.

Letting him do whatever he wants.

He pushes him to work with Marty, and when he doesn't do it, he just logs out as one more refusal of Cooper to cooperate.

Mitchell disagrees with him.

That's right.

Now Mitchell is concerned, I guess, because he doesn't know what happened.

That's the total conversation.

I doubt if it has any relationship with that, which of course brings you to the other point.

Why the hell would we ship to those?

protect himself because he doesn't want to get he's worried about his business he's worried about his

How's that spacing?

We had Henry Brandon, well, he had Brandon plugged in.

We've done some external and some in Kissinger's office.

All those are off now.

Those are totally justified.

And my view, because they involve national security, we've never had them on a domestic matter that I know of.

The only domestic one that I know of is known to the Secret Service.

Well, that's true.

They never discussed it.

I figured this.

John and I have got to take him on, John.

I figured the way to take him on is to build him up first.

Hell, he may be suspicious enough.

I just probably wish it went on.

He raced against his whole...

Yeah, well, he is right about this, that he knows

I don't want anybody to know about that.

That's the real problem.

He told me that you were the one who wanted to come to the White House.

I don't want to come to the White House.

I just want to be with one man.

I said, fine, fine.

He's not in the White House.

He's just wherever he was, he was running in Chicago.

We remember the party that came up.

He said on the party, he said there was, he said there was a lot of people.

He said he got all kinds of requests.

One man.

Well, at that time, he had all kinds of people.

John, we've got to get him out of there.

Now I think the opportunity to get him out of there rises to the fact that Bob is approaching him to get a letter.

In fact, he can get a letter for free, get a congressman to sign it.

A letter for 300 congressmen signed, and then the ones that don't sign it at that time.

I don't know, but I'd say to the team that we have confidence, our confidence in J.A.

that it'd happen.

Don't need to say they didn't approve of anything, but they're confident that it would work.

We get that letter, then I think John and I got to bring in and say, number four, what's going to happen?

But we've got to take a flyer, and we must not, and they're out active, and they're going to try to do it.

But it has an election issue, they're making an election issue.

I think they will.

We'll go after us to, well, presumably to run down electronic surveillance.

It's tough that Hoover never did the punch, except for how he makes a good money.

He's been under investigation.

I'm a contractor for the O.I.

National Authority.

I was there then.

He was a good guy.

Not a lot of people .

.

. .

It's a very positive story.

How was your period going?

Did you go to a doctor?

I was a prisoner.

Oh, that truck, how was that?

You didn't go to the other place?

No, no, I was on a sailboat.

Yeah, yeah, yeah, a sailboat, a sailboat.

Was the weather good?

Yeah, it was the best.

Why didn't you stay?

I did.

I wasn't here yesterday.

Oh, I don't know, but I would have stayed.

It was fine, it was beautiful.

Did you go swimming from the boat?

Yeah, I was snorkeling.

Two, three times a day in Delaware places.

Yeah.

Very nice.

His wife was nice.

Very good cook.

Well, we had two of our kids with us.

We had a 64-foot sailboat.

It was a comfortable one.

Yeah, very comfortable.

We had a 44-foot sailboat that's tripped out so that it didn't do a lot of damage.

Two staterooms and a little cowboy's place up in the front.

My daughter slept in the cockpit.

And it was just great.

And we hardly saw anyone.

Yeah, codes all around downtown.

Just an ideal location.

Perfect.

Ideal vacation for three days.

Well, that's three days long.

It's beautiful.

Three days away from the telephone.

You can't beat that.

Bob, you can join us for the planning meeting now.

Tell him that I would rather have the discussion primarily about these problems on the business community.

I read the movie thing and I think he's done it all in good shape.

So tell him to be, you discuss that with him.

Bro, what's happening today?

Ow!

You know, people in the country just knew how damn little we knew.

And they'd be terribly shocked.

They think it's the big ears, you know.

We know it's a dance, and they hide them, and so forth.

We never know anything.

We sometimes get these, you know, one day in the dance, but we never change a thing.

That was our divergence from tradition.

We didn't change.

The first quarter is bad.

It's going to be the biggest power quarter increase in the history of the country.

But aren't they going to... George, I've been reading the story.

I'm not going to mention about it.

Isn't everybody already saying that we should have to get 1065 and all that nonsense?

Let me ask you this.

You want money to watch it.

A little bigger than what the pessimists thought.

Pessimists said that, uh, like auto-examination, that the increase would be on the order of 20 to 22 billion.

So it would be somewhere between 28 and 30 billion.

That's the heck of it.

It comes to get that three in there.

Because that's the cross over line.

And of course, these later figures, the first preliminary estimate was 29,000.

29,000.

I saw that earlier, but that was not covered.

So none of these other people know that.

But I, even when you sent that figure over, I noticed you didn't build it up much.

Or cracked it.

Well, we took the model with courage and I still support that.

It's just the basis for our N65.

That first quarter gain on the other is 34.

Oh, I see.

That's why they don't like it now.

So they'll tell you this is slower than a vehicle.

I'll say that, but it's clearly a lot more.

That's a lot more than most of them in this thing.

I think that he had real discipline in taking over.

He got out the first vehicle and then he had a sale.

Was it a good month?

It was a good month.

Which month?

March, I suppose.

Do you know already what the pictures are from our retail sales?

Yes, we have them.

I don't send these things in.

I got it, but it's probably in the back desk because I didn't read it today.

What was it?

That came in last night.

Yeah, maybe I didn't see it.

It's somewhere around.

But it is good enough.

I don't recall the number right off hand, but it was a good, strong game.

Good.

You say the first really good month of retail sales were something like that.

See, what's been happening is that they've been all right.

They haven't been all that spectacular.

They've gained.

You see what prices are going up.

So the price increase doesn't quite cancel out the gains at all.

But this is definitely a real gain.

Good.

All those cells are going up strong.

That's strong.

Part of the numbers and then also the quality of our people who have been caught, who've caught plastic in road traffic for years before it kind of started getting peeled.

The whole field out there has been destroyed.

That's what happened this year.

Is it?

I'm told.

I haven't heard this directly, but I've seen it.

I'm told about it.

I don't know.

The Federal Reserve has had something that has been increasingly modified and just explored in a great statistic.

It's outlandish.

It's terrible.

Do you think it's deliberate or an accident or a coincidence?

Well, I don't claim to be a very expert in particular these monetary things.

I think that it's...

This is one of these cases where Milton is really right.

That is, his argument has been the Federal Reserve judges their monetary policy by interest rates.

They should judge it by the money supply.

Last fall and earlier this year, with interest rates coming down, they took it very easy.

When we had the big general motor strike, they took it very easy.

The money supply didn't grow very much.

Now, interest rates are firming up.

They're going harder.

And Milton's whole point is that you ought to be looking at the money supply all the time and be more steady about it.

Now, I'm sure Arthur will tell you that he couldn't increase the money supply faster.

And there's this analogy that people use about pushing on a string.

You remember when we pushed our thing, and we had a little exchange, and I pushed it.

He said, well, of course you could increase the money supply,

That would mean interest rates would go down more.

Or in other words, they are looking at those interest rates.

Let me ask you about interest rates.

Are they good?

They're working back up again.

They have been trying.

Archivists are trying to do that.

in order to turn around a little bit or moderate this rapid flight of short-term money from the country.

But by any chance, the money supply has just skyrocketed.

It would be unsustainable if you couldn't continue that.

It would be terrible if you didn't do it.

The next blackbird was steering a little bit earlier.

The next blackbird was steering...

Well, yeah, it does, although he thinks there's a very quick, really, he thinks there's a quick turnaround.

And he has converted a few people, but there's many.

But anyway, just more recent experiences right now.

It's happening.

Yeah, it's happening.

The 29 figure, the reason why I was so wondering, because I had seen the earlier thing about two weeks ago, and I said, well, 29 is not as less than the total.

Did you get that figure called over?

Maybe you've got it by now.

I'm not sure.

I heard it was called over.

I have an intuition about this.

I wish I could call it.

Oh, you mean on this?

Yeah.

Oh, intuition on the tongue?

Yeah.

Feeling.

Sort of like spring.

Spring is late, but when it came, it came.

The rush.

Beautiful.

See, this atomic energy thing in Southern California, I don't know if you know this, but he said there were three bitters for this thing.

We've got John in the East.

The other one, he's an American pilot.

My version is the same.

And it's pretty, you know...

Let's do it.

I do it.

What I'd like to do, he's our, he's our man.

Sure.

Now, there are a lot of, you heard all the pros this morning.

There are some cons, some of them are budget problems, some of them are other kinds of problems, like federal control around people.

Within a day or two, we'll have this all over again.

Could I suggest this, that we could spend a minute on that presentation this morning?

First of all, I think that's a good thing to have the cabinet here.

I mean, it sounds to me, it's so offbeat that it's good for everybody.

What do you think, George, that thing this morning?

It's a fascinating subject.

And I just think it's good that, and also the cabinet's got to talk about something where they all, where none of them have an interest in one thing, but where they all sort of think, well, gee whiz, this is the country.

The thing is that we can take the long view, which is the general thing we're doing, so Peterson's trying to do what he's doing, so we're doing it here.

I don't see how you fail to make a move here.

The question is how.

The third point I was going to make is this.

I don't see why that 1880 then was set in the center center.

I see why that couldn't be built back, but I mean, why not faster?

In other words, if you look at the numbers,

The key question to me was when I asked that fellow, I said, I said, are you sure?

I said, you said this.

He said, yeah, we're absolutely sure.

Well, then, if they're sure about it, do it.

And then build these things around the world.

I already feel it.

I feel it.

It's good to make that kind of a breakthrough now.

If we can get lucky, then we can get real money.

I don't know if we will, but if we can get lucky, we'll get something going on the media.

And then it goes back to that, and then you crack this rock down the top.

That could have enormous impact.

Now we're going to move east.

The interesting thing about this is that it takes relatively little, mere termites.

It would take more in Kentucky instead of moving all the way around.

Yeah, yeah.

Also, the point that I noticed is that I, but apparently it was, the other thing is, it is a sure thing.

There isn't any reason why all the government would have to do here is just guarantee it.

Hell, there ought to be plenty of private money to go to this thing, right?

Remember you said that you're getting to the issues.

We've increased that budget by quite a lot.

From 165 million in the current budget to 200 million in the year 72 by now.

So, you say you came down on it from the discussion.

We did increase that quite a bit.

It's, uh, it's, uh, it's, uh, it's, uh, it's,

It would be how hard to press to get the travel cap on the end.

It's time to get it in.

It's a show off, three-fourths of a man there.

It's very much for the government doing everything.

The Joint Committee is very leery about having travel.

So that's one of the issues.

It is, and the line up there is that this fellow Shaw was against the wall, this Hollywood man, Drew Brickle.

And he really pushed this program.

That's another question there.

Are we going to have one reactor or are we going to have three prototypes?

Well, from a scientific point of view, as far as we can figure out, you don't really learn a lot until... Oh, it's a prototype.

Oh, I meant if you're going to get Bill on the 7-3.

You have three companies who are involved, as I can see, because there's arguments for having three if you want to give one to each company.

Now, it's important to get these three companies involved, because we want to produce more, so they need to have this expertise to get them into a consortium if we're going to have one, or even two.

And a consortium is difficult to bring along.

There's only one thing I insist upon.

Whatever company is in it, it's got to do it in Southern California.

There's no other place in this country to do what I'm doing right now.

Actually, that's where we got this.

That's why it's a philosophy.

We're here to do whatever else goes in certain areas.

I think if you are the people who move around in those counties, you know, you're here for the United States, for the industry, for the nation, for the world, and for the allies in that direction,

I think that one is funny.

You want to do number two?

No, no, no.

I'm not there at all.

I don't know if I was that good.

But I think the three is more than three.

Yeah, I understand.

My point is, let's put it in Southern California, because that has a very important ring for their psychology.

All they need is a little psychology on it.

And despite everything else, it's got to mean a few jobs, doesn't it?

Well, you'd have to put something there, John.

You'd have a construction, a construction level.

That's right.

And then you've got an operating level.

And if we can try some way to get this thing to North America, Rockwood, it would definitely become this.

I think Rockwell is the one man that I think we've got the biggest struggle with.

Of course, I think Rockwell, of course, Rockwell runs his company.

That's right.

Well, I'd like to take about a day on this.

Oh, to take about a day?

Some of these things we've had, Pete's worked on this in the past.

Right now.

What I like in this is that we want to remember that we just want to do it.

We want to broker this life together.

We want to make a hell of a house.

We want to take the plaque of the

A little controversy helps with something like that.

The flag will be about the public versus pranking the public.

And the other flag, of course, will be about the people who are creating radiation or a nuclear explosion.

What are we going to put?

What part are we going to heat up?

We're going to get all kinds of crashing around about that.

Well, we'll be back to you in a few days on this.

Yeah.

We've got a drought.

Texas was extremely useful, though.

You know, I thought it was an interesting device.

We've never done it before, bringing those congressmen and senators in here.

That means so much for those people, and also they pertain to it.

They don't have a story.

They really know their subject.

Oh, they love it.

They know it.

And they spoke with very great conviction.

And I think they'll always remember it.

They don't ever regret it.

I should have called them out of the press.

It was kind of interesting.

Alvin came up to me just before the meeting.

And he said, well, you fellas don't waste any time on a good idea, do you?

And I said, call the president.

I want to follow right in front of him.

He says, I like the man that follows the group.

Well, they all did the same work.

He said it very straight.

Yeah.

And he presented it in terms of the administration.

Right.

And he knew, all he had to do was to drop a phrase or a clause, and how it would be graded.

And he didn't do it himself.

He went with it.

Right.

He did well.

Very well.

It's amazing how Romney has an unheard instinct for the wrong questions.

Because that Fermi thing he asked about is a very obscure experiment that's going on, which how many people hates for the fact that it's just like a red flag in the bull?

And George went right to it.

Yeah, he hit him off with the fascinating field.

It is.

He really just knows what's going to happen next.

Well, and we're in such bad shape otherwise in energy.

We just have a hopeless picture now.

George points out that we have a lot of coal left in the country and a lot of shale oil and a lot of other things.

But in the end, he did all that stuff.

The cost curve just goes like this.

We get into shale and some of that stuff.

Because they're talking about very expensive processes.

They're a little bit better than the same thing I've been working on.

Yeah, I think that's good.

We have a John Burns problem.

On health.

He wants to, he's got the idea in his craw that our health proposal penalizes a small business man.

And he wants to come in and persuade him of that.

And Elliot Richardson has been in touch with as many small business groups as he could lay his hands on.

Told by them that while they don't like him, they will not oppose him.

The other is for hanging tough.

As a matter of good politics, we probably ought to let John Burns in.

But it probably should be at a stage where you don't have to make a commitment yet, which means the earlier the better.

He probably won't be back until the first.

As soon as you get back.

On the IRS.

I hope you got there.

Oh, you know that?

Oh, sure.

I'll check it out if you want to show me.

If we can just play with Zico and I.

He's Mr.

Your Own Fish.

He's going to be Mr.

Reader Reactor.

Let him play.

I'll play that right off the bat.

He's the guy that we're going to put in.

Democrat.

My neighbor will put it here.

I don't know.

I wrote that letter to Southern California Edison about their reactor that, you know, I said in the ad, in the ad, and said that this had come up in a conversation that you had with Paul Field.

And I'm sure Horton saw the opportunity to call Paul Field and tell him.

So that it's gone, it's gone full circle now.

And we've got to find other things to do like that that will keep coming back to me.

On the Internal Revenue Service, I'm told that John Connolly is working far away, a three-horse ship, where he moves Eddie Cohen out of his job, who's his fellow Nolan, to Eddie Cohen's job.

Brings Walters over from Justice.

into the IRS commission.

What he does with Eddie Cohen, I don't know, but Fred, my best guess is he wants to let Cohen go.

Or he might as well.

It's a possibility.

He's got a big tax here.

He's got a big tax budget.

I knew you were going to be seeing Cohen.

It wouldn't hurt to ask him what his plans are.

I don't know what's brought this about except that Conway has moved a Democrat career in

is head of this, uh, firearm and alcohol tax division called Max Davis.

Uh, even though he was advised by people in the department that, uh, the way I say it, it's been a job.

Yeah.

So he's, he's maneuvering over there.

That's no burden.

No burden.

He is, he's maneuvering people around, and I, I didn't.

I'm a little concerned that he may get away on some of his stuff.

And maybe that's all right, maybe it isn't.

I don't know.

I've looked at as much of his record as I can get.

Well, I didn't want to hear anything.

He's clean as a houndstooth.

Good, good.

And what I do is... Don't tell me anything more about him.

He's done himself a lot of nice job offers.

About a book.

No.

He's gotten offers from all kinds of...

I hope he doesn't do that.

He ought to take a good job.

He's done a good job.

We drafted a letter for Stan Reeser, the senator, at his crib.

It's a two-edged sword, and it may cut one in two ways.

It may cut an angle, but it may cut least of them.

I don't know.

to respond to the Civil Rights Commission in our area, and we're setting one up.

So, it says in this kind of criteria, precisely, that there must be available housing for the people who come to work here.

They have to be explicitly assumed that the available housing has to be their housing.

I don't want to get away from my general belief in the power of the curse.

So on the other hand, I have no objection to whatever you're doing.

I was going to say, I don't know if you can find that, but it's like, I don't know if you can find it.

I think GSA should do that.

I don't know, 40% of them, 30-40% of employees in most federal offices are considered people who are black.

Right?

30%.

Well, it's not at all.

Pretty much.

A hell of a lot of them are black.

That's only fair.

That's not meant to be close to where they live.

They do a hell of a lot more difficult to find than, you know, that building and others.

What's your opinion?

Do you remember the Fresno case very well?

Um, let's see what else is in here.

The care doesn't have one.

I think it has a fair amount.

How do they administer this thing now?

Do they administer it as fair housing?

They do.

They don't have a lot of sites being selected.

We think Charlottesville, for instance, should be a favorite spot for federal agencies.

I'm very surprised that they didn't find out how to pay for it.

Share housing on the location of the location.

Now what do you say to a local?

You call them and say, why don't you put, you know, why don't you put something down here to take a place of innovation?

Is there any share housing down there?

So what you're really talking about is the location here on the left of the parking lot, right?

I don't know if you can see it, but that's what we're able to do today.

It's not happening yet, but we're able to do it.

Oh, you need to be careful, right?

Someone locate the patient.

Okay, we've got a region on the map.

I suppose that the regional planning issue could have moved the Bureau of Public Roads from Kansas City down to Atlanta for that area.

They said, we're sorry we can't rent any space for the Bureau of Public Roads, because we've done a survey around Atlanta, and we can't find any fair housing in all the new roads within one area.

The Bureau of Public Roads can't move it.

Our township is on the phone.

And GSA said, well, we don't have any choice now.

We've got this policy.

We can't open that office.

We don't have to say that the Bureau of Motorsports can't move there.

A hospital senator or a hospital governor can't just, you know, be sort of circled around these bacteria.

I think it's a wonderful operation.

We're out of time.

Rrrrrrrrrrrr!

I just wanted to know, what about the big problems that have to do with this?

I'm a pretty smart politician, too.

I'm just asking these questions.

I'd like to get what you think about the big deal.

What would be the situation, say, in Mexico for it?

We should.

We better find out what we're up against and then put the criteria in such a way that we're not straight-checking ourselves.

This sounds like the kind of thing we'd like to be for.

Or we're having to stay active.

before they have a ski bench.

Let me say, though, John, I see no problem coming in many places if you're going to put something in Los Angeles.

There's no damn reason not to put it in the office.

Put the damn building in the office, you know?

Let them go anywhere.

A lot of people would be scared of it.

Not too much.

Well, how about you go right over on Eco-Polar, which is easily accessible.

I don't think there's any problem on that, George.

And I'd like to see it work, George.

In the big cities of the North, I like the idea of industrial roads.

And also, it can help to rehabilitate some of those miserable places, I would think.

On the other hand, I don't like to see these big fancy federal buildings going up there.

Oh, why don't you put that?

They're trying to work out the GSA.

Oh, yeah.

Because, uh, some language does get you, uh, back and left.

A worker could have that.

He could work on some very, uh, very smooth language.

I imagine Bob can reassure us on that.

He wants the worst way to be the federal judge.

Well, that's fine.

He can be a judge.

He's a good man.

He can be a judge.

That is a very good gamble.

But let me say that he can be a judge.

I'll be here at 4 o'clock.

Now, let me say, just as well that in the first quarter, mainly we had a

March is the month that haven't started to move.

The next month, the next quarter will be a good quarter.

Not too strong.

Not all of them.

All of them.

Life is going to be pretty good.

In the second half, let it go.

That's the way I feel about it.

We're going to take a reading campaign first.

We'll see how it's coming.

May 15th, actually, but that's where we're going to tell Arthur whether or not we can go for a tax reduction in order to restore confidence.

We'll see.

As I told all of them, they're going to be able to

The boy at Wall Street must know something.

I'm pretty confident.

You know, the Dow healthy came in in 1931.

January 29th.

Come on in.

Actually, it ended in 1926.

The more important thing is...

9.31.

And is it ever going to drop down to 6.31?

9.31, so it's going to be about Sunday.

5.30.

Call me up if you've got anything important.

No less than 28, understand?

Yes, sir.

I'm going to play it back for another... Another...

Peter, I think you want to find a job in a movie.

Make good actors, too.

I'll sure try.

Listen, listen, if they have somebody who's, well, he's a romantic and all, he's a good little fella, but if they need somebody, they need really a big, strong guy pulling together, not catching together and so forth.

You know, they really need a stronger man.

That's what Cap's right around the corner.

Of course, they're playing, they're playing back to all the questions of the money of the next administration.

They should have changed the moment we came in and tossed the money out in his ass.

Right.

Yes, sir.

I mean, there's somebody who wanted to put in that money and do it.

We've had mergers.

Well, I really believe we should.

I don't think it's necessary to make Johnson and his money.

He's got special limitations to the money.

That's what I'm going to share with you guys.

It's just out of the way.

Out of the way.

But, uh, yesterday we went through all of that, and on all of these things, we're not calling for you guys.

We've got to start with an eye, and one thing we'll lean on.

The thing is that, uh, the two things that you didn't know about is that Clarence was pretty receptive, and I thought, well, she's a nice person.

And, uh, the fact that she's so receptive, we don't use her as a model, so we can't, the network's forcing them to, to, uh, sell their production facilities, because we said, let's just go back to movies.

That would make it worse.

Do that.

That'll help Hollywood.

Ask Stryker if he wants that.

He does.

And he wants to urge McLaren.

He said he has to just retire.

That's when I told him, John, we have to go.

It's certainly his mind.

It's his other mind.

Because the law is absolutely clear.

Unless you're not here...

I, uh, I don't know, uh, how do you say about the motivation and so forth, how they have you doing?

Well, I'll tell you one guy that I got that's a funny thing.

He showed you the gear people.

I have to remember how they were all fishing eight months ago.

I haven't heard a word from him in the last year or so.

And he goes, I have not a word.

He's spending his hours on 300 points.

Have you?

No, no, no.

Do they thank you?

Do they say, you can call me?

Do you have a little confidence now?

Are you doing all right?

Do you ever hear a word of one death?

One death.

You know, when we stuck the cordons in there for a long time.

I had to buy it out.

And the person who got it, I don't know who, said he's off.

So he's bringing it over here.

And of course, and incidentally...

They knocked it.

They said, oh, well, this is only temporary.

We don't believe it yet.

Have you seen any of the financial writers who have believed this bull market was going to last?

It's gone 300 points.

That's 50%.

50%, do you realize that?

Yes, sir.

300 points.

That's 50% in eight months.

We did get credit on it.

And that was a sort of a reluctant decision.

That was the 11th one, sir.

You know, on this list of people, I think this is a pretty, you know, motivation.

I think we've got to bring it in.

And we'll be lunching.

We'd rather do a lunch than we'd rather do some dinner.

Yeah.

And we're turning to Conley, Messenger, and Mitch, who's on the first.

And we'll be supplying the ratio of the product.

and make the inter-question easy.

Looking at this business, I was aware of your affirmation about the establishment of the M&A and about people coming to the business council.

It's in Harvard, and I, it must be that I put something in there.

I don't know if it's in Harvard.

It's in Harvard.

I don't know.

They're Western-established.

All right.

What's the difference?

They're not.

All right.

They're not Western, but heart-bound.

See, they're different kinds.

See, you're Eastern, heart-bound.

You're not Eastern-established.

That's the difference.

That's pretty true.

Bill Casey is Eastern Heartland.

Casey is not part of your stuff.

You ran with them, but you were never really... You were in them, too.

I understand what you're saying, but it isn't East or it isn't college.

I sat at that Boston...

I've been there.

Brooks, McCormick.

San Francisco is more than half the establishment area.

Los Angeles is about a fourth.

But not as much, not as bad.

Los Angeles is still pretty ballsy.

I mean, the California crowd has still got a lot of balls.

And a lot of Chicago's got balls, too.

A lot of Chicago's got balls.

Texas is practically all.

Huh?

Texas is all on a set.

Well, there's balls in there.

There's balls in there.

But you can find this, the right kind of guy, with this kind of crew.

You know what I mean?

Right.

I just don't want, basically, Jacques McLeod and Tom Gates

uh jesus christ those same higher god damn names david rockefeller please no none of those did you see what uh

The three Republicans voted against the two Democrats who did on the CAB yesterday.

They were granted six percent.

Six and five.

Six and three.

More importantly, they raised the rate of return that is acceptable, ten and a half to twelve.

And they gave the airlines the right to be flexible on their rates of willingness to go with these small bands.

It was better she had it.

All three of the people, two of the people, we looked at your job.

You call those backers.

just saying, the president just wanted you to know, remember you had the meeting in the office, he followed up, we followed up, without telling you how, and just, uh, just, uh, and just say some good things.

They've got to start saying some good things, you know.

That's what they're always whining about.

They wanted 24 percent, so they got nine.

Well, this is somewhere between $100,000 and $400 million.

I'm sure I won't get that race.

CPI is a little distant.

But, you know, as compared to having a lot of people broke, having a fire industry that was a little bit more advanced, I'm not going to be surprised if I'm going to die.

Out of my list of people, the things that I, that Torlman had to do, there's so many of them, I forgot to mention all of them.

He did it.

There's so many of them.

And Sheila, there's so many of them.

She was, there's so many of them.

And I tried.

And then of course, he published the list.

We finally had six different IRS and the EEOC.

The EEOC.

I don't know what you can do with that without losing them all.

You might get somebody worse.

Brown's a decent fellow, but he has to stop.

And they, the council, not on the council, on the staff, there ain't no idiot that's got a Ph.D.

They need an honors, they need an honors.

Oh, are you serious?

Yeah.

Let me tell you, I think what we need in your case is to make you

i would like for you to take it like that you've got to move in but i'd like you to take these things in there and you've watched all those things and for example i'm going to trust him i don't want any antitrust i want to more explore them on anything except against our enemies i want rebecca's house just to do what is necessary make all the speeches he wants but don't do anything

Right.

And so are those speeches.

He's got to be a little careful.

Even speeches scare him.

Yeah, I know.

He's a tough guy anyways.

Well, Christ, he believes all that crap.

I don't.

To be perfectly frank with you, I don't.

I don't think it means a hell of a lot.

He doesn't really think it does either.

I'm talking about his kids and all that, and the dirty water and so forth.

Who the hell is in a place like that?

The river?

Terrible, right?

It's going to be terrible.

The area, automobile, yes.

What in the hell is it that way?

I saw Bill Lear send a 1,200-word telegram to every member of Congress now.

Why in the hell don't we check his engine?

I know we were supposed to, but maybe he's got a better engine.

You know, you see, both feel a little bit nuts on this subject.

Maybe Lear, Lear ain't all that crazy.

He's never...

He's also a little bit nuts, but he's a little bit smart.

But he's been right on three things, hasn't he?

You know, those three great inventions of his.

Well, he's got this engine, and his engine says there's no point in starting over to this track.

And I wonder why.

Now, Volpe's got, he went to Europe, and he's got three European countries building engines, and he's got one building here, and he's got one over there.

You know what I mean?

I have no confidence in Volpe, so I really don't.

Let's find out whether their invention may be it, and go on.

Why not?

So the auto company may be fighting for this.

We're going to have to have, like, well, she discussed this with you first, but Combox had this session of energy before, and energy is very tough and all that.

Combox was quite optimistic through this.

you know, got it ready for the kill.

But Henry then comes back with his quid pro quo, which is that you guys got to recognize what you're going to be dealing with with the engines, the environmental thing, and the safety thing.

And we're, I have a guess, both.

They think we're, and it's the same point that this girl must be outdoor.

This guy with the outdoor must be outdoor.

But the other side of this, we're still letting, we're not taking that position.

We're going to kill the automobile industry on the automation problem if we force them to deliver by 675.

I've had Glenn Townsend tell me that he knows where the areas we could change that day.

Maybe he can listen to the place where we haven't.

Yeah, which is really ludicrous.

You know, what would be forcing you to put this airbag on?

So when you have a crash and you push a button, a big balloon comes out in front of your car and pushes the impact.

Oh, shit.

Now that's not going to be done.

I know you don't like Franklin Murphy, but he said all you need to do is convince the president of how stupid that is is to put it in one of those cars and have it go off.

He said the goddamn thing goes off like an atomic bomb.

Right.

And he said, if you had one, he said, if I ever bought a car that had it on it, I'd spend a thousand dollars to have it removed before I drove the car.

I said, what?

Stop it.

And listen, we have to face the whole thing.

The other thing is, like the safety belts, they're required for these goddamn belts.

They cost only $5 a car.

I don't think you have to pay for them.

They really did save a lot.

The other 60% of the people who don't use them here, they save on 40%.

Okay, but the 60% are paying to save the other 40%.

But everybody should be optionally put millions of dollars.

Well, there's a clutch on your car.

But here, it's like a terrible bang.

If it ever came at you, by this day, you'd crash.

That's what I've already said.

I wouldn't have that thing on my car.

It was the last thing I did.

What's dark about these robots that are scaring me to death?

Well, they attack you, and then I think Leona pushes coverage.

But Brian's got it.

He's tough.

He can do anything.

He's got his neotench there.

He's got his nickname over here.

We've had a lot of times where you've got Carlisi, you've got Scali.

There's some that tie that around now.

But that's it.

That's it.

Oh, and John's fine.

He just gets all these tangents and he gets enthusiastic.

And that's the trouble.

You put vigorous men in positions like that and they've got to work something out for you.

Sure it happens.

They just don't do any work at it.

Now, the other thing I was going to say, on the movie industry, you're going to make them pay.

You're going to follow up and do the best thing we can.

We've got all those 6.5.

With regard to this meeting with the business community, I'd wait a little bit.

Yeah.

That's pretty good.

That's alright. 28.5

He wanted the 30s behind him.

35, 34, but nevertheless, this would still make 1065, because March was the month that he picked it up.

And the highest private prognostication was 27.

The lowest private, most of the private, Eckstein, the brilliant critic, was 22.

If we can get somebody other than McCracken out to brief him about this, then this can be hit harder.

Tomorrow we'll get to market.

Let's go market today at 25,200,000 shares of .64.

Let's go.

Only in the 930?

Only in the 930.

How much is it?

No, .6, right?

Yeah.

.27.

.64?

Yeah.

Just even?

Even.

That's exactly right.

You don't have to go up every day.

It's not a big deal.

It's just steadily going up.

That means that it's 23.

It looks like it does for a reason.

It's a lot of money.

Was that a loom house in the 20 years of the record, then?

Not enough to know that we've worked so many years.

Oh, the record's in the 28th or 29th of every year.

You know, we never made 30 of them.

They don't raise.

The biggest year we've ever had, we made $32 million in 1968, and we would have it in 34, after 47.

For the company?

Yes.

In the first quarter of this year.

In other words, he's had better than twice in a race, that year, than Archer.

That's interesting.

You know what they're going to say to you?

You're going to pull the car.

Boats, they're rich because they have, they've got a lot of things.

A lot of things?

What do you mean a lot of things?

Unbelievable.

They were going to sell the thing last year.

And they've gone over multiple, 35% of the line.

What's that?

They're selling more power boats, pleasure boats, than they have any idea that they're selling.

They're way behind on what they're selling.

That's your opinion.

The reason is that I think Miami Beach is true.

and just being able to rent such a horrible place.

It's a horrible place.

The American Airlines was right into it, too.

So, the thing that I'm convinced of, I think,

that is much more optimistic.

I mean, the flowers that bloomed in the spring last year didn't finally come out.

Something's happening today here, would you agree?

I have no concern at all about what's happening here.

I mean, the structure's more than strong, and I feel like we've got to be careful not to let the earth roll into another story, I feel like.

The hell with talent.

They're going to have a little problem with this money.

Aren't they?

They're not honest.

They'll have more trouble at the end of the year when the team doesn't.

I don't feel the change.

I don't feel the change at all.

I don't feel the change.

It's going to happen.

Keep on.

The thing about it, did you tell Pete about the populace in Orange State?

Yeah, I guess I got it.

Yeah.

Second.

Are we responsible for appropriation, sir?

No, sir.

We can't do a damn thing about unions until they get a conference.

Now, just forget it.

There ain't no way we can get it.

We have a hell of a time, even as it is.

The other thing is that we can't do a hell of a lot about, of course, the other thing.

We're just fighting a delaying action.

We're not for this consumer crime.

We're not for this environmental stuff.

This is not our idea.

But what we're trying to do is to fight this, build this brush fire and stop it.

If they get the other side in, they're dead, aren't they?

And they will kill.

They will realize that.

They don't want to have to face up to the problem.

One of the problems is, you know, an accurate businessman can come down and talk to us, but he'll send his military association fellow out to the hill, and he won't talk to the people on the hill.

They don't do enough work on a congressman personally.

They work on the executive branch, and they don't work on the legislative branch.

And that's why we need to do runway with us.

Because our communications guys are not just here.

They aren't even on our side of the conference.

And, uh, I was in the seminar at the time, and I said to Peter, at the time, I said, oh, gosh, I never thought you'd do it.

I have to get this going.

I don't know that trade.

There's a problem.

I don't know that.

I can't do it.

I can't work.

Many of them came right back to our office and said, well, I know what happened.

Peter McCullough did that trade.

Zero.

And I said, oh, God, well, he took all the rest of the money.

He fell in love with that.

He worked with Congress.

I did that.

I worked with Congress.

Why?

Because, you know, as the businessmen, on the other hand, the straight associations, I noticed, gave a huge bundle of heart-key in the last game.

And they've got the son of a bitch who's always voted against them, every time they've been voted.

So the truckers supported him, you know, he's the worst trucker, you know.

This whole ICC fight.

Well, okay.

On the other hand, you see, since the Dr. Lyman, you know, you know, you know,

I hear a few votes.

You understand the problem politically on the business side, put it in the other way.

I have no allusion that I think we gain any votes by taking business around.

On the other hand, we don't get any votes to gain votes by defending it.

We've got more than that.

All we've got is a little support from my parties.

But they have to realize that...

Now, what they want first is for us to just come out and come out fighting for them.

They've got about 20% of the people that will support them.

And we're willing.

We're fighting.

We're fighting a hell of a skillful, rearguard action with a hostile country.

But I don't know what more we can do.

We've got to get lost.

We've got to get followed by spams and bombings.

So the team government, uh, you guys will agree?

Absolutely.

On consumers, what are the states and the southern states representing on legislation?

I hate it.

But I, I don't see how we could have done a lesson.

We could have done a lesson and the trade associations agree with that.

And, uh, Virginia has got, has gone out and pitched our line

to the public to the point where I think we are a net beneficiary of that.

So, really, yes, because of her, she sold it to the public, and we got the trade associations to agree that any less than this would have been unacceptable to the store.

We can put up on many other agencies.

I'll tell you, business owners get damn frightened when they look at this.

What was it that Mario was really thinking about?

Yeah, that the Commerce Department wasn't informed about the health bill in time.

They took chances to check small business.

When they got out there, they didn't notice for an administrative act.

So they only got 48 hours notice.

Well, of course, who would have?

I mean, Richardson, who was such a, you know, happy fellow, I don't think he would have been informed.

We had plenty of area involved in the cost of this deal as an effective small business.

And he approved it.

And secondly, they have to act where it's going to happen.

I'm pretty sure they don't.

I'm pretty sure that Clubby talks to this all the time.

My parents are going to come in this evening about this small business.

They always talk about the small business.

Today, all the period organizations might have Clubby talk to them first.

If Clubby has a good sales pitch.

The answer was that it wasn't that much of a follow-up, and that Reagan's pitching was right.

The basic problem was that it's a bad office.

What we did was done superbly to get our office.

The SBA office is bad in Los Angeles.

So I've been moved in to make it better and add new people and do all kinds of stuff to shake the office up.

But the performance of the administration was outstandingly good.

The performance of the SBA office in Los Angeles was exceptionally bad.

My question was, can we do it?

I think we did.

I don't know.

That's what we're going to do.

We're going to marry him.

He's a, he's a, yeah, that's what we're going to do.

We're going to marry him.

We're going to want to get him to hang around.

We're going to want to support him.

That's the whole deal.

Marriott, he always travels a lot.

Marriott's, sorry.

Marriott's financed it.

But I have a sense of security.

I'd go to Marriott and say, look, we can't send you down.

We've got one open.

Well, we're going to be doing some shopping now.

Well, no, we're just going to be crumbling.

Once Denmark, we're going to show Russell and then go for Dudley out of there and use it for Russell.

Dudley should come home.

He said he wants to go home.

Yeah, he very well has to go home.

He's in San Diego.

He has to go over there.

He's still going to have to do something for Russell.

Oh, it would be great with that.

Well, I'm sure you're damn right to be sitting in the NSC.

That's the best thing about that job.

The only thing that's worth a damn about it is you don't want to just sit in the NSC.

You can't change it forever.

It's statutory.

That's why they were going to reorganize it.

Well, we're going to reorganize people on this plane.

We're going to bring civil defense out of the Defense Department.

We're going to get there if we can.

Still has been a stockpile of some.

The third cross, I don't know, the third cross would be a great asset for him.

A lot of others.

But I like him.

I don't know him well.

But he just always impresses me.

He would take one thing out of it.

He's ready.

He's pretty much ready.

I think what we can have is one.

All power and telling Mr. President that you should know that the President is here and you welcome him here at this station.

It's a personal call, I don't think.

It's a personal watching of the eventual situation.

All power and powers.

And usually the President is made to respond to the President at the White House.

Mr. President, it's your call.

Shut up and tell me some facts about your crime.

I want to get a check.

Yeah, that's serious, dude.

We're ready to agree.

Let's take one.

We should go.

We'll have a bunch of gold.

We should go.

We should go

So I think that this is one of the really, really, really, really, really, really, really, really, really, really, really, really, really,

I'd like to see, I think it's a wonderful country for some money to go down there.

What about the New Zealand?

Did you work out a grand sum?

The trouble with France, I'm going to be quite frank, is it's $150,000 plus, but it's not that bad.

It's not that bad, of course, if you gave $250,000, you could stay forever.

All right, now, you stay certain if you return.

Right.

Now, that's not that bad to help.

I'm getting back to Australia.

A wonderful opportunity for Bob.

Is there somebody in California that, you know, wants to do the real estate?

I'd love to chat with him.

He was a great, great coach.

Jack Raddard, uh, he was a great funder.

He was a great funder.

That's the kind of guy I'd like to see go.

Somebody out there, somebody out there, somebody ought to go to Australia.

Rather it would be great if there was a new name.

Anybody else?

That would be a wonderful name.

No, no, no.

But he would want to do something.

He loves the University of California.

I don't think it's a good idea.

Rather, he's not going to go around the police.

He's kind of a guy who would be able to find out.

There's a beach track and all that.

He's not going to strike.

His wife is real.

He's like a dead camper, you know, camper and tourer and stuff like that.

Thanks for the rest of your time.

I appreciate the good stuff you had to do.

Yeah, it was built by a wizard for a few other people.

Hey, what's the rest of it?

Yeah, I guess.

Did you get better?

No, I didn't get better.

Is there anybody else?

May I ask who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh, who's, uh,

We don't owe him a goddamn thing.

We've got to get him out of Indiana.

We've got to get him the hell out of Indiana right away.

We have to have a post for him right now.

My God, yes, let's send him to Australia.

He's dumb, but he's got a lovely wife.

She's very pretty.

And my God, that's the deal.

He's been out part of the war house.

He's a hero of the band and all that sort of thing.

He would be brave and compassionate to Australia.

I think we've got to do it.

We've got to do it.

We have to get what's going on.

I agree with that.

But it has to be done right now.

The only way we can get Indiana put back together, that's what it says, is to get what's going on.

All right.

Let's see.

That's the man.

I'm going to put him in the role of Australia.

All right.

And that's a better post than the first.

That's the problem.

Don't send him.

The post means he could screw up.

Yeah, that's the problem.

He cannot screw up, Australia.

Well, I know he can't do that price, but his purchase is a little bit down.

Australia, that egg would have picked him to go out there.

And he's a big outdoor type, Indiana type, you know.

I mean, you look at Australia, that's fine.

His wife is pretty.

I think it's great.

That's the best I've ever met today.

Oh, and then we've got somebody in Indiana we can work on.

That's great.

It has to do with your purpose.

That's so good.

I wish you could give me that.

A lot of people don't know we're going to have to get in for winning the election.

We've got to get purged.

Now, you've got to be thinking of somebody who can be head of the LCC.

The Birch is the best political operator I have seen in many years.

Or else, he's tough as a boot.

He's tough and quick.

They don't have to spell anything out to him.

And we've got to get him in here.

He could be Harry Dentsey Footwear in the Midwest.

Oh, Henry, I had an idea about, uh, which I now would discourage, uh, broadcasters.

I was going to be suggesting that you put Birod in as the assistant secretary for the parties.

We'd like to open up the Philippines.

Now Birod is tough.

I was wrong.

I don't know.

They're really important.

Okay.

I don't know.

Well, I don't know.

Well, we were thinking about sending the equipment from the governor of Indiana to the Philippines.

But we can send him to Australia.

We've got to get equipment out of Indiana.

We can send him to Australia.

He won't do any harm.

They won't do any harm.

He's a nice looking fellow.

He's got a beautiful wife.

He's a, you know, he was one of the, he's one of the heroes of the time, you know, and all that sort of thing.

Christ, he goes there, he's been down there in the Philippines and all that.

You could send him to the Philippines, but he's not settled enough in the Philippines.

But Porter could do the Philippines, didn't he?

Oh, yes.

I mean, Porter is all he is.

Biro is the top spot.

Biro is tough, mean, rude.

And I'd like to get a strong man in there and pull him up rather than Porter.

I think that would be better.

All right.

Well, I think so.

Because I know, you know, why the hell do we settle for a Porter?

When you have to screw around, you can't trust him either.

If I were that he could trust, he wouldn't always agree with us.

But at least, if I were him...

If I were him, he would have paid me $50,000.

Yeah.

He's a poor boss, and this is good for taking orders.

That's good.

All right, there's your man.

That's all I wanted to tell you.

At that meeting, on where to go next year?

On Vietnam.

I had a long call for a plan.

Do you appreciate it?

Work out all right?

Yeah.

You think?

I think.

You took him in the mountain top?

You understand?

Well, now, if you want to ask me to do a study, help me with a study, could we get the wall off to get him out?

You know, we started down that road, and he got turned off over to the mess department.

No, no, I'd cut that study.

We'll get it next week.

We'll get it turned back on.

That's good.

One of those men back in the Rasmussen case.

Drunk and faking and so on.

He shouldn't be in Islam.

It's not his area of expertise.

Apparently he's doing a good job.

His wife can't fake it.

Now he's terrible.

He's done.

Drivers?

Yep.

He absolutely flatly says there is no way to get him to confirm any of the things.

Well, he was confirmed.

There's a lot of them.

Now, goddammit, why can't he be confirmed?

Because he's too hard-line?

I think that's pretty unclear.

And we did, and Richard will confirm it, we did make a commitment to him.

But Richard made a commitment that he would not have to serve more than a year.

Yeah, and we'll get to the end of that period.

He's done a good job, and he got along well with the extreme left-wing prime minister, so after all, these guys can't say that he's not.

Well, I don't think you're going to see him.

I'm actually going to be kind of looking forward to it.

I believe that is probably fair, Russell, that we can give him something like that.

Yeah.

We can do something for him.

Russell's more important than Charles.

That's right.

Charles would be able to do better than him.

Well, anyway, Captain, if you're glad you did that, you think it went pretty well in your meeting, huh?

Yeah, I wanted to show them off a bit.

I have a collection.

A collection of intercents of statistics to the colors.

I know it has, yeah.

Yeah, yeah.

I was going to say, is he here?

Is Conley out there?

Well, have you stayed here?

That's right, Bill.

Well, I've heard you're on the ambassador.

So I'll show you this great person.

I will call him up.

Well, maybe, maybe, maybe John Mitchell thinks of that, but I don't know who thinks the author does.

You better tell John Mitchell.

He's got a very old one.

I have all of those.

And it's ideal for him.

It's better than the two copies.

I don't know where that's supposed to be.

That's brilliant.

I hope you...

You've got a little Texas tan there.

I thought you should know, we went to work on...

No, Peter, I'll need to talk to you tomorrow.

That was a pretty good one, wasn't it?

Well, Vermont, incidentally, do you notice the vote there?

Three to two.

And the three that I appointed, I got, well, all voted for it, and the two who hold over voted against it.

So let's take a little credit with those airlines.

John, when you're talking to those guys, they ought to know that we could be some arms, too.

Well, we would.

They could have given them more, but that's all they could try to prepare, right?

How much money does it make altogether?

Depending on how much traffic they lose, leverage is higher.

It's somewhere between $120 and $400 million.

But what are the other things that they're looking for?

They're allowed to have 112% on equity before they're only allowed to have 10.5%.

And they're allowed to have the rules that are fair within a range so that they can compete with fares, not just the service.

So the first time, they want to have that 1%.

Maybe it won't be important.

I don't know.

I'll pay for you tomorrow, Peter.

Thank you.

Raise the bar.

I'm meeting with Jim McDonald this morning, Mr. President.

I'll take one of those.

Sure, sure.

I'm meeting with McDonald this morning.

You want to talk about it now, I'm free.

Well, whatever you wish.

Sure, I just, we just had a general...

Sit down, let's talk about it.

We haven't, I'm not fully informed on all the details because some of it's happening tomorrow.

That's the only reason I would say it's a good thing.

I just thought the banks are very much in the boat.

They, in effect, told Rocky that during the interim period,

that they will go an additional 50 million for support during the time that they're before the Congress to keep their head of the board.

They think this is sufficient from their level of the record.

We all think that.

Provided the defense terms of the $28 million that should have failed the political caucuses for the general.

Any questions about it?

Either they get the uranium order, which they think they're going to get, $50 million for the C-1 purpose.

They get that in July.

And they don't think there'll be money left up in the rock floor.

It's more than the $50 million.

Now, that's assuming these other things happen.

That's a hell of a lot of money.

But I'm going to talk to McDonald in the morning.

McDonald's everything this time of the week.

He gets a roll for you.

Yes, sir.

Well, he's got some idea now.

He's on the telecast with me.

And he called me yesterday afternoon.

They want to talk to you about your phone.

I said, no, they just don't want to talk to me.

Well, he did.

I said, he's off town.

I said, he's got a politician.

So maybe he's listening to me.

He said, the one that I want to talk to you about first, he didn't know what it was.

He didn't know what it was, and I said, well, I'll get you to the practice and you won't be able to talk.

So I'm meeting with the practice, but basically what it is, he did say that he would take over the, you know, the lock door, or something like that.

He said, yeah, I'll talk to him.

He'll take over the open door.

And after producing it, he'll convert those metals into a lot of MTC channels.

He'll get full credit for that.

I assume that's part of the thing.

After so long a time, the production of so many planes, which has not been named yet, he will then start paying a royalty of $2 million per plane to be applied to the general credit block.

Nobody's going to do this.

I'll give you your hand.

He's climbing into whatever.

He's getting into position.

He said, you're going to be damned.

You're going to kill us on the hill.

I said, well, I'm not saying that.

He said, well, this is not going to happen.

You know what I'm saying?

You're going to run.

You know what I'm saying?

You're going to die.

Try to keep them from going to work.

When we go over the hill, he came to us and said, well, I'm making this kind of a proposition.

I whispered to Ryan, I don't know, he said, why didn't you take care of it?

I wouldn't do anything.

He said, we weren't.

We weren't going to do it.

To the projections.

If all of this goes along, you can tell us we're going to have a guarantee on this.

I think we, uh...

they'll probably have to put up and throw all those banks will.

And I think if they produce a hundred planes, we'll long since get our, the government can't be out of the way.

And the banks will probably get a little there in two years from now.

They'll have two more years to sell the plane.

It'll be no worse off than they are.

They've got to support it to the max degree that we can.

So, uh,

We've got a movie set up for you here.

the anti-airframe Congress conduct, they voted against the SSP.

Is there a vote against this, too?

Sure.

Don't you think so, John?

I think we just might as well say no to the anti-SSP, because we want us not to do this, either.

Now, it's on the part of the Institute, as I've told you before, that Dave Patrick, Dr. Carlos, he really wants a lot of people to go down the drain right now.

What procedure?

But it makes very logical, beautiful sense.

I take more risk with money.

But it doesn't make political sense, right?

It doesn't make any economic sense.

The economy doesn't do well.

with the Southern California situation.

We're not going to have a major Southern California enterprise go down.

We've met it.

We have to fail now.

We've got to try.

We've got to do so in California.

We've lost a lot.

We've lost a lot of patients.

We've got to do something.

Yeah, they got 28 and a half is what it might have became.

We were hoping for 30, but that's not bad.

28 and a half.

Now, you will know the highest of the optimistic private forecast is 27.

The next one is 22.

So this is, we were, our people projected 34.

Apparently the council did.

But it might be, John, this is damn good.

Because you know, you tell what you think.

What you think is about right.

We don't want it too damn hard here, John.

I'd rather have it built.

But if you tell me a little about the March figures, the March retail sales, this is a significant thing.

All in March.

Yeah.

Finally, people are beginning to buy some of that kind of stuff.

Retail sales.

So I don't want this thing to move too fast.

So if your office is going to be closed, I mean, I have a wife that can't check the clock.

So you made a 1060.

Maybe you made a 1058.

I couldn't care less.

Who cares?

I believe the psychology of the Congress.

in terms of spending, in terms of what you do with that tax policy, it is a, it is a strength.

And I think it's going to populate that.

He gets the business on every day.

Every day.

And every time we go out, well, he says it's another part of his strength.

This one, they'll say, they'll write it below, they'll say it below and keep it that way.

That's all right.

Look, I'll tell you, there's some wise guys that are getting a lot more.

Look at that damn mark.

Remember, John was sitting here in this room, I think it was about a month ago.

He said, the Dow is going to go, he just went to New York and said, the Dow is going to go to 150.

That's why I was here at the conference.

You're at 96.7 today.

96.7.

23 million shares.

I didn't go up.

I'm 68.

23 million shares.

Look what that does to the psychology of the brokerage system.

When we moved to Chester, we ever had 7 million shares a day for a while there back in April of last year and it wasn't like this was ever going to grow.

It was dead on growth.

I talked to David Rockwell and he said,

Uh, just about an hour before he moved here, he met with Corot today.

He said he'd get with Bill Renshaw.

Bill Renshaw?

Yes, sir.

He's a good guy.

You know him?

I just met him.

Well, you have to know him.

Let me tell you, it kind of fits in the word here.

Bill Renshaw.

is the son-in-law of Fleming, who used to be the head of the rich man.

Oh, is that so?

You remember Bob?

Bob died three or four years ago.

Bob's daughter is Bill Henshaw's wife.

Bill Henshaw is one of my closest friends in the whole of New York.

tough, strong, conservative.

He thinks just like you do.

He's a hell of a good guy.

I don't know if he knows any of my names, but he's a hell of a good guy.

And the thing is, John, call him down.

I would appreciate it.

Bill Rainchild is a guy, you can rely on him a hell of a lot more to go out and say the wrong thing about John.

He's a small man.

And I don't know.

No, it's a big thing.

It's a big thing.

I'm good.

But you were talking to him?

No, I was talking to Dave, but I will call him.

Good.

He'll love it.

He'll never call us.

He is a beautiful person.

He's been with us through thick and thin.

Yeah, but he's got $10 million in him.

Yeah.

And now I'm watching.

He wants another 20 million to draw.

He doesn't know what he's talking about.

He wants to be backed up with another 20 million dollars.

And what they think they're going to do is go to the chemical and the weather and all the things they're about to do.

The taxes and all that kind of part of it.

And they're going to go there?

Yeah.

I talked to Dave and Bill.

the other day had leaned on, because they were leaning on Ross.

And I don't know, I looked over and I said, hell, you've got to make sure your business check wasn't out of my face alone.

But I said, I can't be all that bad.

He said, what are the stocks?

70, what he said, a thousand times earnings.

I said, well, it isn't that big, but it's high as hell.

I mean, it's your bet.

That's right.

And then today, I said, well, I was wrong.

So it started going 70 or 80 times.

I said, well, you cut that in four.

You buy that one in four.

He said, what?

And he picked up $150,000, $200,000.

I said, never.

And I said, they said, well, he's got $20 million in government bonds.

And they did what they wanted.

They wanted to get $20 million in tax for the government's bomb, just to cry over it.

And he, when Ross called me, he said they would try to save them.

And I said, you can't borrow more money.

You can't buy more benefits.

You can't invest in the first year.

I don't know.

I said, don't do that.

So, and then I talked to David.

I said, we all ought to just take a look at other states and try to run it.

And after all, we can go back here and try to do it.

He knows how to pray.

I'm not trying to pray for him, but I said, y'all ought to try to take an ounce of blood, just because when y'all come up there and prophesy, one of the brokers is trying to negotiate.

He did the smartest job.

He was the kind of villain that did it.

He was the one who gave back most of what he had.

You're right.

I'm sorry to say that I haven't been to bed.

I've been on the line.

I haven't been to bed.

Well, he is selling the service.

But he thinks he's going to be able to move into the whole financial area of the service.

I don't think his competitors are going to want to do business with him.

Or he can have this deal and maybe one other.

But he's just smart and terrible.

I don't like to say that, but I don't know if it's the kind of advice that's right.

Market.

He's a good out there.

He's smart out there.

He's tough.

I knew he'd get it off.

No, no, no.

I'm sorry.

That's right.

He's not going to lose it if he can keep operating on it.

That's what we look at.

That's right.

Good, thank you.

That's a good job.

Yes, it is.

It's tough.

Well, don't let them just put you on the green program because all that does is run up the price of green to help.

They really need, in addition to some grain, I suppose, and I know authorities for that, but I didn't get that much, is hay.

I think they're going to bring that number from Colorado.

They ought to be bringing it from Colorado and Alabama and New Mexico and Arizona.

On a true note, the most effective program they ever had was the government picked up the program.

I'll just tell you.

Motion.

Second place.

But it's worse than history.

Whatever it is, it's Texas.

Goddamn, everybody be healthy.

It's really tough.

just 20 minutes of rain.

This is now April.

April and May, it's still raining.

Oh, yeah.

It's still this rain.

I'll tell you, you know, it puts rain first with May.

You never do the proper rain first with May.

That ain't my problem.

April, May, it's June.

It each catches in the middle of the summer.

Oh, yeah.

But the rest of the state, of course, with this kind of weird situation, you know, it might get intense.

But, uh...

We all lost, uh, whatever it was.

The Deer Company hit the surface.

I didn't know the country was over here.

I could shut up about a cat about the condition my cat was.

I saw that.

I think of that.

Yeah.

General, how are you?

All right, I don't know a thing about it.

I don't suppose it's an expert.

I merely want to give you this much information.

Number one, it is damn bad.

That much I know over a very, very wide range of technology.

It's just as bad as they say it is.

Secondly, don't just let the cliff go with just a grain program.

because all you do is run out of the price of grain.

All right, let's go over some hay.

Now the most effective thing, at least, now this is what the farmers say, I'm just trying to tell you what they look like.

And during the Truman days, they had a drought, and for certain parts of that, what the administration did then was pay it free.

It was a very popular program where the farmers bought the agri, but the government transported the farm for free.

So if they were paid $42 for 1,000 tons or 48 in Arizona, well, that's all it cost.

It didn't cost them $90 a ton.

What they're trying to do is save the cattle.

There's 82,000 to 10,000 head a week now in the San Antonio market.

uh, eight, nine thousand.

They think that'll jump to another year.

It doesn't rain in the next ten days.

They think that'll jump to ten to twelve thousand a week.

And the normal is about four.

I mean, uh, call it like you saw it in your mother's house.

Of course, I'm not familiar with it.

I've got two ranches, a hundred and twenty-five miles from it.

I've been selling, uh, I've been selling mother cattle for, uh, six weeks.

I, I saw this damn thing coming, or I thought I did.

And,

I have no hay.

I put up 20,000 bales and I bought hay.

I bought 2,000 bales of hay and couldn't get any past the last 30 days.

Fortunately, I've got 400 acres that I'm irrigating around the block now, trying to keep my cow herd together, but most people don't have that.

There's no grass there.

There's no hay in Texas.

You're right.

Don't wait too damn long to where everybody else gets the credit for it.

I just have a few observations to make.

Secondly, don't be too negative.

Remember that every person, this is what I heard at the corner cafe, you know,

They all sit around this, and they don't have a damn thing to do.

They can't work their feet in, so they're all in town talking.

And they just say, by God, if there's a famine over in India, they goddamn sure get the food over there.

They don't mind giving it away.

They owe all the wheat to Russia, to the communists, but they'll give them food or anything else they want.

But when it comes to us, we've got to go through all the goddamn rigging the roads and this and that.

We can't ever do that.

I mean, this is an unfair thing, but nevertheless, that's the attitude.

So all I'm saying is, if you're gonna do something, hell don't be negative about it.

Go on and do it.

It'll cost you a little bit more money.

Because you're gonna get credit.

Only to the extent that you do it voluntarily.

Don't wait so long to where they think they made it to.

A crazy man in Texas makes a difference.

I think that's fine.

There's nothing wrong with it.

But I just followed that up as quickly as I could, and I don't want to be running you a finish, but I just did.

And that's all I know.

Thank you.

to show that they care about it.

Right now.

That's right.

And the main thing you need again is leadership.

You need disciplinary leadership.

And if you just let it drive, let it drive, you take one hard step and another hard step, you know, it'll require a decent step.

The guy down there sitting down there, as I saw him this week, they got nothing to do.

They're trying to fire the grub and keep working the fields.

They don't have any hay to the cattle.

They don't have any time to be crying.

And they're punting.

You know, they're disciplinary.

Well, they're working on it.

He said they're taking him for his aid right now.

Trying to find him.

He said he talked to Cliff and Cliff said, well, they had the aid program before.

He said they got him.

They had a big hassle about hating it because some of them said, well, they paid too much.

Others said, well, the King Ranch got it all over.

Just, you know, one of those.

Do it again.

It's better to get in the hassle of doing something than get in the hassle of doing nothing.

That's right.

They're, uh, they can't help themselves.

I knew it was a juror.

Oh, Mr. President, not a great deal.

Hope you didn't have to take too much heat when you were down there.

You had a little time off.

No, I did.

I did.

I called the town.

You know, this is a courtroom.

No, no, no.

I had to.

I had to run around and speak.

No, I didn't.

I didn't.

Of course, I didn't get there until Thursday night.

I did one time Friday, on Saturday, Sunday, and Monday.

No, I didn't at all.

I bought another.

It's good to see your country again.

Oh, it's good to go home.

That's the hardest time we've been home since January.

It's good to go home.

I think everybody's come along with really good shit.

I have a...

A memorandum that I want to properly come and talk to you about this week, actually, I'm in a little hurry.

I've been working on that.

It's going to be a draft to dealing with this problem with balance of payments.

And this whole economic picture...

And what it basically means to me is that I think at some point you're going to have to, and I don't say this because I'm Secretary of the Treasury, but I hope you know that you've got too many voices speaking for this administration in the economic area.

So I guess it's unavoidable in a sense.

But I'm not sure you're not going to have to have a further litigation before you crack it.

You've got to stand it.

You've got to, you know, burn it.

Burn it.

You can't control it.

You've got to show it.

You've got to show it now.

You really need more control.

You've got to aim it.

You have to.

So that's five.

That's five of them.

A crack is not a good one.

And then you've got to stay in the form of it, you know.

And, uh...

The matter is, the business community is computers.

Now, in talking the other day with Schultz, and I guess he reported it to Schultz, he did, I won't get it, except they're delighted.

In talking with Peter Schultz, the practice community, the other day, it was very clear that computer physics was some of his friends, the practice business, the fellows in New York, my meeting in Florida with his entire city bankers,

They all have adopted two attitudes, both of which are bad.

They say, first, that you've given up on the fight against the Bush.

All of them are on this, which is wrong, but that's what they think.

Secondly, they think that every action taken is done with a political eye of 72.

That's the general consensus of the business community.

Both of those things are, and I think further, there is a general uncertainty about both of them because of the most various voices.

that are speaking, the economic, the international, the domestic.

Although I will say that we have pretty well slowed down the domestic and the international.

It's a pretty good shape.

The monetary situation is pretty good.

It's stabilized.

Yeah, it's stabilized and there's been no more, no more trade-out flow or concentration of money in the journey.

We, we barred that pity in the head.

I have another head.

Yes, sir.

When we barred that pity in the head, that pretty well, and the things that were said at that time, pretty well tried things down.

Well, let me take off another tangent.

Wilbur Meadows, in my judgment, is running for office.

I don't know whether he'll ever admit that, but you ought to operate on the assumption that he is, because he is.

Yeah.

Well, he's, sure, he's, he was in Houston last week, in Madison, Fort Worth, when I was down there talking.

He talked to a lot of my friends privately.

He said things publicly.

He, so far, he's

He's pretty thorough about you.

And I gathered from all I could gather from what I was told, most of it stemmed from Mr. Jackson's text, but I don't believe that.

I think he really just says that.

I think he's just a political animal.

He's a juror.

And he's just running for office.

He handles himself well.

You have a good crowd at Houston.

You have a good crowd at Dallas.

Of course, a lot of your friends go because of the chairman of Ways and Means.

They're all horrible.

The business community shows up.

But it's not nice to be worried about the technology.

It's a strong wind.

Hail bars are not good.

There's going to be an extremely disruptive force in the route driving part of the home.

And I don't think all of the donkeys any hope on the place to go until they're embarked.

And it completely goes on the wagon.

What are the difficulties we have with that composition?

I was much prefer to have him there.

I have a lot of winners there, very more articulate.

I just screw up the leadership games and everything else.

I hope he straightens up a little.

I'm leading to a completely different view.

He and Carl, I was in that trouble.

Carl has done some unconstitutional things.

He's not supported Wilford, he's not supported George Mason.

So we've got, fortunately and unfortunately, a divided leadership now and a weakened leadership in the House that we thought was going to be fairly strong.

But the other thing is, I believe you should be talking to me.

You're still headed.

You're not going to head it.

I get it.

You have an interesting thing there.

Rayon is really the most responsible man in the military side.

He's not running for office, that's good.

He's chairman of appropriations.

He's highly respected.

He's got Rayon sitting there.

Rayon, of course.

He probably goes up the wall when the speaker deserts him.

Oh, he did.

The speaker always supports that, you know, the motion for appropriation.

Absolutely.

That's what it means to me.

That's what it means to Mills.

Of course, Mills will play his own game.

Oh, absolutely.

He won't be with me.

Mills will be trying to run.

Mills won't play.

He'll have to play his own.

And Mills is running, actually.

He's exactly what he should be.

He's running.

It's possible.

Nobody runs for vice-president.

He's got to run for the top.

And then let the other come if they may or if they will.

No question about it.

I think it's a very good...

There are a lot of people who think it's a great idea to hire a person to tell a mill.

I wouldn't say that would never happen.

That's a very complicated part of it.

I mean, of course, you have to be very, a man has to get a degree.

A builder, a builder will play with the land that he can and all the rest of it.

So what they do is they play with the land that they can and so they don't rely on the information that they can.

You're not through with that.

I don't know what the analogy is for sending Kennedy over there to try to make the deal.

I mean, Saturday night.

I was going to go to Taiwan.

I was going to go to Korea.

I got them down.

I was going to go to Korea.

I got them down.

And I, under law, am in full support of what you're saying.

In order to make this deal go, you've got to give the title army something.

You've got to get it through or something.

If you're willing to pay, I'm willing to pay all the price for that.

It's pretty good for us.

Because we've got to bring Japanese up short in the country.

We cannot let them get away with it.

They broke the agreement.

They'll get it to us in another area.

We need to see if we can do that, if the mission works, we can get those three countries back.

I hope you got it.

I have a feeling it's going to work.

It's going to take a long time.

It's very hard for him to really bring the Japanese up short.

As my judgment, it would have the most salutary effect around the world and the international community.

Because everybody in this country thinks the Japanese are the toughest people around.

The United States has dealt with all these foreign countries.

Think the Japanese are the toughest.

If you can really get them and bring them up short, that's all you need to do.

Peter said it's about the coverage it's doing and if it's out, anybody could possibly want the planes to fly, right?

Seven to seven and a half percent.

That's the way it is at this time.

And if March is something more, if it's simply a spring flower, we may see a very strong April, May.

I think it goes strong in April, May.

Tell them one action that we don't pay attention to.

I don't think we can get it to you.

Labor?

Yes, sir.

Oh, hell no.

The trouble there is, I know the business man makes that question.

But the problem is, what in the hell did we do with this country?

You couldn't get anything.

I couldn't.

We couldn't get it here in the Education and Labor Committee.

On a bill we have to have a deal with transportation.

the whole transportation, which is a reasonable bill.

It isn't, frankly.

It kicks later.

But it's a fairly reasonable bill.

They won't even get it now.

Now what the hell do you think they're going to do if we send a bill down there?

Which we ought to have.

These unions are too tough.

They ought to be brought up short.

I would favor those.

But the point is, you know, you just can't, you can't do it.

The Congress is not going to give them the leadership, won't give them anything.

You know who's on that damn Senate?

They're going to be jamblets, jamblets of Republicans.

They're going to rip us off, I think.

Good God, they don't want to do anything with us.

And this fellow Perkins from Kentucky, hell, he's just a rubber stand for the mine workers.

He says, I know this piece of shit.

The other person, the business guy, he says, why don't we do something?

What?

What can we really do?

The law isn't the damn thing you can do under the present law.

That's right.

That was well put.

And this is true all over the country.

You can't get anything through the Congress.

And as we discussed before, there's time to do this next year.

But the only point I figured out, I wasn't suggesting we do this thing.

Next year, we make it the issue.

That's right.

But having in mind, we erase it next year, make it an issue, and run on the issue.

But let's have no illusions about winning this year.

No, let me just bring it up this year, in my judgment now.

just beating around the bush, you get no credit for that.

You get kicked around.

Next year, we do it at the right time.

And then, have the boys choose up that and blow.

I have all the names of my friends, but I know where they are politically, and I know what we have to do in terms of our own

where we're going to have to

And the media, a lot of these workers, they've gotten fed up with it.

They show up in the media and they are just asking too much and getting too much.

What do you lay with these people?

They're about 40 to 48, 40 to 48 percent.

So they're going to prefer wage increases.

uh on the other side nothing

The weather gets a little better every time.

All of a sudden, they say, well, I don't know.

And I think that we're worried about the power outage.

And we're lucky enough to be in an international situation.

So we have not now.

We'll be out of the news.

The Russians may not be sure of that, but we'll know within a few weeks.

And as you go through the summer months, as people say, well, it's either war or anything.

It's coming back.

The whole psychology of it can turn right around.

It's been through a very, very difficult experience.

And, of course, the psychological knowledge added to the psychological trauma has affected us.

And I have a feeling that this year,

I don't know.

I couldn't agree more.

I agree.

And I know you hear all the visions from the business guys.

I do.

I have a feeling that these doubts, some of them became my distraction.

Maybe we're not so far wrong after all.

You interpret things precisely correctly.

On the emotional front, on the campus front, we've seen the work, notwithstanding the Berkeley thing.

You're going to have some radical collective here and there, and some boyars pop up.

Yeah, you'll have a lot of people.

We've had a hell of a large year this month.

Let me give you the other side.

Over the Easter holidays on Mustang Island,

which is right opposite Rockport, just a little north on Fort West Christian.

Fort Aransas, Aransas Pass, you've never been there, but it's a marvelous seashore area.

Not popular in the nation, but popular in that part of the world.

There were somewhere between 40 and 45,000 kids on bus rides over the Easter weekend.

There was an additional estimated 60,000

on the south end of Pottery Island, which is all the way down to the western border of New Brunswick.

But they were extremely well-behaved.

No problem.

Everybody said they were, including the local citizens.

And I talked to a bunch of them who lived, yes, on our home up in St. Louis.

They, there was no trouble.

He picked up most of their trash.

There's no percentage you have of front living camps.

They build the fires and sleeping bags on the beach.

There's no hotels and motels.

I saw no story of any fight with 100,000 kids.

When you see parts of the country now that are just a lot healthier than others, the South still basically is healthy.

Texas is healthy.

California, with the exception of Beverly Hills and Hollywood is pretty damn healthy, you know, San Diego, Los Angeles.

Los Angeles businessmen are a lot healthier than these guys.

You can see something in New York.

Longship is right and true.

And the mountain states are all the Midwest.

But the real problem is the affection, the terrible affection that we have for relationships.

The Eastern Establishment Building and two of the fringes of it all over the country.

It's in every city, every city in San Francisco.

It's heavily polluted.

Instead of the top of Chicago, quite a bit of the top of Minneapolis, some of Detroit, and some of Cleveland, New York, and Philadelphia.

It's impossible.

The economy, I think, is going to be good.

I don't really worry about it.

I think the problem is going to be once it starts rolling, it's going to go too fast.

And the inflation is going to come up.

Frankly,

This last week, I talked to Al Hayes in New York City, and I talked to Arthur.

I'll talk to Arthur again tomorrow.

Arthur's holding the line against the man.

I must say, a lot of these people now, it's not the least part of the time.

It's embarrassing.

Because these fellows now, they just think, by God, the world is really tightening up now because they think this is pressure.

will hit us if there's a lag in two to four quarters.

They think there's as much as a year's lag, and that we're breathing a hell of an inflation right now that will hit us next year.

I don't buy that, but... John, that's going to kill the confidence factor now.

I couldn't... That's going to kill the flower.

Let it grow.

I agree.

That's what I was going to do.

That's what you did.

That's what you've been doing.

But, well, he takes it on.

You know, they talk about it in terms of the abstract.

They don't think of it in political terms.

They think of it purely in terms of money and margins and so forth.

But I did agree with him that the short-term Treasury bill rate was too low.

There was the disparity between the short-term building and the long-term building, the bond rates.

Now the short-term trading rates are about four.

Now this is the first time it's been that high in two months.

So the long-term rates are still coming down.

It's what we have to have.

And the money supply is still there.

It's still good.

And I just think that there's going to be a real good April, May.

And I didn't know until you brought it over.

Really?

I sure did.

I don't mean it's going to go wild this year, but it's going to be, I think it's going to be too good.

Uh, we're not sure.

In the late fall, something like the late fall, and the thing, you see this damn thing, if you ever turn it, I think he turned it, I really think he began to turn it the last year.

That's right, because there's going to be a border strike.

But if it starts picking up too much this fall, then you may want to put on a warning.

We have to worry about that now.

All I'm saying in summary is that I'm extremely confident about

I don't know about the economy, the vitality of it, and the benefit of it.

The unemployment rate is going to continue to be high from the break of the summer, which is all right.

Most of that's going to be summer school.

I mean, summer jobs for kids.

Most of them are going to be young and unemployed.

We've just got to hang tight on that for a couple of years.

I think it's going to hang around five and a half to six percent.

Yes, sir.

So what do you do about it?

All of you have to have a good thinking about it.

See, in 1964, when Bernie Johnson was running, he had over, right at five, a little more than five percent of the vote.

But the trend was down, and that's all you have to have.

You just have to have a down trend.

It can make a difference whether it's five, or five and a quarter, or five and a half, or that kind of thing.

If the trend line is down...

Most people are doing well.

Oh, sure.

They're doing too well.

They're doing too well, folks.

You cannot let people work anymore.

They won't work with a dad.

That's right.

They will not.

I don't care what part of the problem this country's going to be positioned in the world.

There are people sitting there fussing.

They won't work.

I'm going to bring you in a week or two, in this picture, if you'll accept, some champion strawberries.

They're grown by Frank and I about 15 miles from where I live.

And he gasped for 20 years.

won the prize and signed on the vegetable show for the best strawberries.

In every class, he won in every category last year.

He won the champion, reserve champion, champion in every single category.

He planted just a few years ago, he had 60 acres of strawberries.

He has six.

He's got 60 acres to sell.

Because they can't get anybody to pick each other.

And yet, my God, in our country, again, it's the biggest drive in the whole part of the world.

The water, I mean, people, all the fights, you know, well, it's true, but...

It really is.

Oh!

Yeah.

Unreal.

I don't know.

It is the topic of conversation.

There are only three topics of conversation now in that area.

One is the drought.

Two is the war.

Three is welfare.

We will serve in that order.

We will reduce the water.

The war will be no issue.

It is becoming.

It will go down.

On that point, Mr. President, may God save you from sinning.

You can please do whatever you're going to do.

Even if you don't do it, just announce it.

So it doesn't look like that you're doing what you're doing for political reasons.

It's good that it's starting in January or whatever you can.

But doing this at such a time, in such a way, it doesn't look like that you're just carrying the burden right over.

You're going to take care of it just in time for the campaign.

That's fine.

Uh, but you see, we didn't, you'd have to deliver it if you're, if you're, if you're, if you're, if you're, if you're, if you're, if you're, if you're, if you're, if you're, if you're,

Why do you have to hold it to anything?

This is the system that has made that situation possible.

Before then, of course, we would make some comments about, you know, the end of the contract, or, you know, the good news, the good news, the good news, the good news, the good news, the good news, the good news, the good news, the good news, the good news.

I'd say on the war, you can be sure that by January 1st, everything is going to be settled.

You can't possibly do much.

You see, the bombing halt in Wisconsin, we don't want to have any of that.

We want to get rid of that, but anyway, we plan to do it.

I'm not looking at any of it, but the idea that we're going to be pulling and pulling and pulling.

We don't want to go on and on and on.

I would hope we would have to, but that's what we'll be doing.

We'll be down to 184,000 on December 1.

It's quite obvious that we're going to have to give it away until then.

Well, I don't think we're going to do it, hopefully.

And then we'll talk about prison.

but it must be done and nothing must go and let the next year be a year of progress in terms of economics and maybe some other international areas that we want to focus on.

Now this year, there's a lot of things in the way of the present time that we can't deal with over and over and over and over and over and over and over and over and over

I mean, if it is, there's no reason not to.

It depends on the time.

If it's a good result, it's a good result.

See, on the international, our main concern has to be whether we have the control.

We can't control what we have to say.

Or even, for that matter, the amount of actors that we get down to see as our presence reduces.

If you can't make it, it's too bad.

I think they will.

I can put it this way, if they're gonna make it.

Because of the Black Packers thing, you have enough riding on the fight.

Again, I don't know who it is.

I would hope that somewhere, some incident would occur, where it's like India or Asia now, where you just say you're withholding the loan, you're denying this, you're denying that, just because you're getting tired of getting kicked around.

This nation is getting kicked around.

I'd use other words, for a second.

We're the country sick of the soil line.

And just use those words.

If I have one suggestion to make to you, is that in your, in your appearance, this is what I picked up on, is give me the reflection sign.

That is, that always, and I contribute something to this, you're always too controlled.

That you're always too studious.

No.

You're too precise.

No reflection.

It's a human emotion.

Every time you say, I'm sick, I'm fed up with it.

There's something in there.

I don't know what you're saying.

I don't have it because I'm sick and tired of it.

I'm sick and tired of this machine getting kicked around or something.

Whatever comes naturally to you.

Because you're not a...

Strangely enough, people view you now as very studious and very cautious, all of which is good, but carried too far.

It leaves you with a very cold, hoarse mind.

But, uh...

If you have to be one or the other, it's better to be that than an irrational man, obviously.

But every now and then, and I think I've basically said this to you before, if you can displace some

You know, there's some emotion or something that reflects a real interest on your part.

Some reaction that is a very genuine reaction and a spur-of-the-moment reaction.

Whatever it might be.

I don't know.

Let me just give you an example.

It may not be something you want to do, but somebody ought to be thinking about these things when you do all the time.

On May the 3rd, it's going to be in San Antonio.

I just happen to know that it's...

It's going to be a meeting of the, it's going to be the third big game hunter-fisherman summit.

I think that in terms of the number of people that they will have there, the top hunters and the top fishermen from around the world, professional designers, they'll have from Australia, New Zealand, Guatemala, Brazil, Washington, Mexico, Manila, Botswana, Kenya, Tanzania, India, Iran, so forth.

All of the top, all of the great hunters, professionals and actors.

Basically, they're going to talk about the conservation of the Indian.

Why?

They talk about the conservation of the leopard Indian.

What they do in this organization, Game Coin International.

It's Game Conservation International.

That's the name of it.

They call it Game Coin.

They go in and actually work with governments.

They try to see that they do the proper policing in Africa and India to preserve the tiger.

It's not just a bunch of sportsmen who go out and slaughter game.

They do the same thing in all African countries.

I don't know if it's been something you want to do, but if you just sit out here about this organization, I won't come talk to you about it.

And you go and make a great speech about conservation of wildlife, conservation of the ecology and the environment that makes it possible to say, what are we trying to do in this country?

Well, it's not a triad thing.

It's something that this isn't a third one.

We have to have every two years.

Oh, this is the fourth one you want or the seventh one you want.

But somebody ought to be watching for things like this, where they would have truth in their side.

Now, we'd be nice to come up and talk to him.

You know, he knew we'd have all these fellows here, and he just won't come for truth.

That's what he's concerned about.

It's this type of thing.

This is all I'm saying.

It could be something in California, in Chicago, or somewhere else.

Sure.

It gets you a little bit out of the argument.

Gives you the proper setting.

First place, you've got everybody there who's your friend and supporter.

In this particular case, because of people's money.

We can afford to go hunting.

That's right.

I mean, there's people like Herb Klein, who's one of the great hunters in the world.

One of the great supporters of the world.

L.E.

Gates from California.

And they come and they have it going on for a week.

It's a great thing.

He shows his films and takes them to Marco Polo.

She can hire him on Dozier and so forth and so on.

It's an excellent thing.

The other point I make in this is there are times when

They ought to all be looking for ideas to feed into where you can do some of these things and reflect not only a concern for a certain area of the community, but where you can also show that there's a high degree of leadership.

That there's one element in this country that we talked last fall, before I came up here, and it is still leadership.

This is the one element that people are looking for.

To find where they feel engulfed by their problems.

They don't want to do it.

And they're looking for somebody to tell them where they're headed and where they're going.

Just that simple.

I don't know what to do with the check.

I don't know what to do.

I'll just start calling them.

I apologize.

I started getting some help from somebody.

Now the truth of the matter is,

If you could, Grayson, get rid of Mr. Cooper, you ought to do it.

You have to.

He's a great fellow.

He's done a great job.

About seven, seven years old.

Well, he's seven, seven years old.

You ought to step aside.

That's the truth of the matter.

And you ought to do it.

You're here not because he's caused him great damage, but so that you can name his successor.

Even though whoever succeeds maybe might remove him, but nevertheless, there's a chance.

There's a good chance they will.

That's right.

This is the whole thing.

But you're right.

I think the cabinet doesn't make any hell of a lot of excuses.

Brother don't take on anybody.

You've got to, we've got to be prepared to take on some of these people.

You've got to fight them.

Bill Rogers has got to take one of us when he says that what I said, I said this privately in 65, I expressed my reservations about this war, and then I expressed them privately in the president in 67.

Now I wish I'd said something sooner.

That's right.

And Bill Rogers ought to take a move on it.

And you just say, now what kind of leadership is this?

Now what kind of statements do we have to say?

And I've got some questions for you.

Well, they say these religious facts may die.

The only way, if you died, if one of your people died, the press would have kept us alive.

You don't have the press to keep these things alive.

You're going to have to have people on the fire line to keep them alive.

And if you get these, that's talking about how cold and unconcerned this administration is about welfare and so forth and everything.

I've just announced it.

Nobody's ever heard of it, but it could mean that one of the 12 disciples called this administration.

I don't know whether he's got the instincts of a gynecologist or not, but...

You know, you would think, you would think, for example, politicians would look around and vote.

Sure is.

As a matter of fact, uh...

As a matter of fact, there are a lot of hunters.

Well, of course you could have got any.

You know, for example, it was very interesting that people who were in my speech last week did it all.

And I understand right there what it was meant to do.

And afterwards, they sort of come along.

I don't mean it closely, but they're not that old.

I said, oh boy, stick through it.

You've got to make it through.

There's always tennis, so we've got to run.

Maybe we've got to get into what the people around us are having a version here.

Congress is losing its guts and so forth.

You can't get into that crap.

You've got to stand right up to it.

Stand right up to it.

Our people, simple nature, really don't have...

You go down the road and you see

It doesn't take long to launch into the next phase of the game.

So far, the world has been going well.

Everyone's gotten along.

And it's comfortable to fight anymore.

They're loyal and so forth, but just kind of getting them strung and stuff like that.

What do you mean, cook?

You know, I've been talking about it a few years now.

I've been hearing a little bit about it from yesterday, some time yesterday.

I'm just going to put it up there.

I'm just going to have to say, oh, it's good.

Interestingly enough, you know, I haven't been taught that kind of thing.

I don't know what you mean.

This is the guy, the horrible guy you've been reading about.

He basically is not a place of adventure, you know.

That's what I... As a matter of fact...

In fact, when you go down the line, John, who the hell else you got there?

Bogey?

Yes, Bogey will do it.

I'm not sure Bogey is believable enough at this point.

No, he may not be.

It'd be a limited area report.

Yeah, yeah.

He'll drop, swallow somebody up.

You see, he's got these really big guns out there.

Well, I mean, that's order policy, people, really.

Order policy, you know.

There's a writer who should have spoken.

He needed it.

The writer should have skipped the hell out of Muskie, and he should have done the hell out of Humphrey.

That's correct.

Not worried about the poor embarrassing him, and that's correct.

He was even, he was even concerned that Bill was, and that I wanted to talk to him.

And then the Fulbright, Fulbright said President Johnson, I don't know if he tried, and I just thought that was terrible.

I said, for Christ's sakes, I said, what the hell did Fulbright say about us?

You can't allow that.

That's the whole point, you see.

And I think the country doesn't want us to sit back and say that's how it is.

I'd hand Peter one, not take all the hell out of those people.

I mean, I ain't had to take one.

That's right.

Or do you face them?

No, not now.

Not now, you cannot.

But there are four areas.

You don't have to have all four of them.

There are really four principal areas where you need it.

You need it in rockets and foreign affairs.

Right.

You need it in layered defense.

You need it in military, in Richardson, in this whole welfare area to do this.

And you need it to properly lead the economics.

You can handle the economics of Richardson, right?

Scholar.

But it may not be totally loyal, totally loyal, highly intelligent.

The rest.

Occasionally, you'll be hodging in the lake.

No, you can't do that.

No, you won't do that.

Occasionally, and harder, you need it.

You won't do it either.

But you need your people to fight and stir up, to prevent the other side of these things.

Because we just feel one side of it.

You just realize that every time something's said, you have to say it.

But the point is that you're relying on what the person says.

I don't see the others on the ground for an hour and two months.

So I can stand up there and I can deal with all the goddamn questions.

What really should happen is that I didn't choose to do it.

Well, I didn't choose to do it.

What else?

Your next one.

That's true.

That's what you want to do.

That's true.

You know, I remember when I came out, every day, this guy came in and he didn't have a clue.

Well, it's all been done by others.

Part of the reason, of course, is that Bellis was such a strong senator in the state, and Bellis didn't have a problem in his career.

You know, I know years were, they seemed difficult, but I thought it was an easy fucking comparison.

Well, again, I don't think it's one of those things that the average person is just crying for.

I think it's one of those things that would make your job a lot easier, and frankly, would occasionally present the other side of the picture.

The idea, the idea that you say, you know, expressing emotions and so forth, I think that's a legitimate thing.

You say it does, it is.

It's much more difficult for the President to do it than the Cabinet Office.

And I think the President is not going to be able to do it.

around the world, and they're part of the jobs.

One of the reasons that we went on that trip was to get that last part done.

Bush was terrific.

That got people.

He had a lot of reaction.

There were very moody people, but that is something that you think.

A lot of people sat with us and said, I don't give a damn.

They're older than the prison people, so we don't really want to get out right now.

But we believe the president is against it.

He wants to get out a little more.

Well, of course, they have all this money, too.

But you have to say, that's the kind of thing you're thinking about, exactly.

You want to see more of that.

That's part of the problem is our speech right now.

You can't do it in the speech right now.

You've got to do it.

The objection is to do it in a Q&A session.

The Howard Smith thing had a little of that.

The Howard Smith thing?

I thought it was the best thing I've ever seen.

It did not, but that was only on one network.

It had quite a bit of...

It did.

More natural than... You prefer a little bit more... You and Alman would be a little bit, shall we say, outraged?

Yes, sir.

No question about it.

Presses squeal.

They squeal all the time.

I know it doesn't bother me.

I'm just telling you.

Well, I understand.

They always say, oh, right.

Well, you don't know.

You just know.

I know.

Yeah.

You have a marvelous voice, and you know how to use it, and you do use it in private conversations.

I mean, you're strange, but you don't kind of lose it.

But every now and then, I just take the bottle off of it, and that's all I'm saying.

You don't want to do it all, but enough to where you can reach the average product.

Let me ask you about that.

Yes.

Basically, he healed people down there, more than he healed people up here.

Pretty well.

One of the other men.

Yes, sure.

The whole old man.

He's like all the people there against him.

He's angry.

That's right.

And he speaks their mind.

And the great value of the vice president is whether they like him or whether they don't, whether they always agree with him or whether they don't.

I think he says what he believes.

I think he's candid enough to say what he believes.

And they think that a very human thing for political life.

They just don't think that at all.

And that's right.

They have to have their... politicians are very below it.

Now, I think the Vice President has made some mistakes.

He's almost reached the point

And I said, almost reached the point where if he's not careful, he's going to convince people that he's doing this for his family.

Not because he said it for his family.

He goes beyond that thin line to where people, they can't survive.

Because he will be completely discredited then, you know, if they begin to play.

He hasn't reached it yet.

No, he hasn't reached it yet.

But he's going to have to be tested.

The point is, of course, he likes what he is, and so will he.

It's hard to believe that there's a difference between what he does and what he doesn't.

And there is one other point I'm concerned about.

That is that you be careful not to use too much alliteration.

Then people begin to think, well, he's just trying to be clever and keep up.

That's right.

But it's a product, you know.

Listen, that's correct.

I don't think he can be too cute.

No, he can't.

He can be funny now.

Funny, humorous, great.

And he does that well.

Very well.

Extremely well.

But when he's attacking...

a Muskie or a Humphrey, and he can take a long on these fetuses they had in 65, 67, 68.

Pretty good.

He has to be careful of the language.

It can be mean, it can be tough, but he just can't have a string of actions.

He can't have a string of words of alliteration.

And it's a delicate thing to handle, but he knows how to handle it.

He's cautious about it.

And God knows he's been a tremendous draw for our town.

And he's been a brave soldier.

And he's been willing to take it all on us.

That's correct.

He's been one for everybody else, too.

And it came at a time when you really needed somebody to take it all fairly seriously.

It's not a fake, but I think it's because it's a tag and a little bit, you know, et cetera.

A little man, all that stuff.

You know, there's all that stuff, right?

That's what I'm saying.

It's unfair, but it's the way they, the way he starts out.

He isn't part of my show.

Now, that doesn't mean he isn't a hell of a good man in a fight like this.

He's part of my show.

He sure is.

But down the line,

They don't think of those terms.

See that's the first one.

How do you take a fellow like Richard?

You have to thank him a little bit.

He's like everybody else.

They get so busy seeing the problems in their office, their department, that they really don't understand why they're here.

See, not many of us are here when the popularity comes in.

And none of us are here except for one reason.

Do the best job we can for you.

You're the fellow that's on the line, not us.

And they already sang that.

That's the whole point.

They're here by yourself.

They're not elected yet.

So what difference does it make if they make a fool of right now?

Supposedly he gets mad at one of them.

Supposedly he gets mad at me.

Why?

I would make you go back by the lights sooner or later.

What's that all about?

I don't need to go back now.

I get along fine with it.

Well, I get along fine with it up to the front line.

I don't mind being on the front line.

And this is why I don't mind correcting Henry Royce now in a testimony.

I said, now, Congressman, I don't agree with your foundation.

You talk about these blue rolls.

I don't use that time.

And I don't think it's fair to use that time.

He smiled and said, well, that may be right, which you agreed to do it.

Provisions provided for tax avoidance.

And I said, yes, I'll agree to use it over time.

But I wouldn't, sir.

Not evasion.

Nor violation of ordnance.

And I said, this is because the Congress, I would agree to it, because the Congress has included provisions consciously into the law.

A man has a perfect right.

That's correct.

Well, that's what we lawyers don't do all the time.

So, but it's a little thing like this.

Well, I'm not testing, booking.

My only point is, what the hell do I care about Henry Ross?

And your cabinet really ought to care.

They ought to be willing to get in the fight.

They ought to be willing to protect you.

It can't look like all of a sudden that it's a contrived thing.

I think we're all going to go out and start Don Quixote-style charging on women.

That's right.

But nevertheless, I don't mind taking on Don.

Now, I get too much publicity.

And I don't want any publicity.

I try to avoid it.

Uh, seriously.

But they can't grab me.

They want me to come over and have lunch with the Post.

I'm gonna go.

Because I can't convert a lot.

I can maybe, maybe, uh, solve a little bit.

I went over to the Post.

I mean, the Star, the headline.

I've already done the Star, but I'm going back to the, to, uh, New York, to the Time of Life people.

I said, I don't want that.

They said, why don't you want to do it before you come up here?

I don't know what I'm going to do about that.

It just happens every day, every day.

But I don't need any more of those.

There's a story up here that you'll see if you have it, but I won't tell you about it.

It was about a fellow named Lloyd Cutler in the paper here that I saw when I got back.

It had something to do with this woman of a domestic intelligence board.

I don't know if you guys caught it from your attention or not, but they will, they should.

The story was a bad story.

It said that

The Johnson ally, Lord Carter, in fact, conferred with Secretary of the Church on the economy yesterday about the creation of a domestic intelligence board to get away from this problem of credibility in the FBI and so forth and so on.

And then he said, the very, very encompassing of my mind, and the comedy that I had seen in my mind.

It's on my desk.

I just got it.

But he obviously, he came into my office with George Spader, the president of American Airlines, to talk about airline business.

And I didn't know he was coming, but Spader wanted to see me about the general airline business.

And this thought came in, and the process took two or three minutes, and he said, let me give you an idea.

You've got problems with your FBI and all this Erwin thing, but how do you get around it?

And he said, you might want to suggest that you could create it.

And the president created the domestic intelligence force pattern after the foreign intelligence force.

Well, fine, I'll think about it.

The oil house has a good effect.

Obviously, it tells a lot of the press that it's in repair.

It's something that I resent.

I put in a call.

I'm going to get in hell.

But you know that's going to happen.

Oh, I know it's going to happen.

A lot of people know all we do.

But that's a lot of risks.

I mean, it would be better to pay the person to see it, not that it's a failure of this thing, but that you have to operate it in such a way that if you didn't see it, that's what you would do.

I agree.

You guys, I have no concern about that.

I just didn't want you to do that.

I won't show you the second one.

I just wanted to take it to the background.

I'm not going to bother you with that.

It might be worth doing.

We all, you know, have to do it.

But it's a terrible thing.

He has older kids, and he thinks that's more suspicious.

And yet he wants to be part of the country, and he doesn't want to.

And the main thing is he must not let it happen.

He must not stay so long.

He must not.

He's got to leave.

Well, they obviously can.

And the problem is that there's no occasion for your friends to come forward.

How do your friends express themselves?

I go, I'm afraid he is, but I go, I assume I'm a citizen.

I go, I say, well, I see he's under attack.

I want to come up here and fight for him.

You know, this is ridiculous.

A lot of people over the country, they're fine, but how do they articulate that?

So he's at the mercy of the disgruntled.

Everybody, but everybody won't say something ill about it.

All they have to do is find a reporter or an accountant.

I think a lot of people do.

And they've made up their minds now.

They've kind of read it a bunch of dollars, and they've made up their minds to get it.

Oh, yes.

And to serve it.

It can be worked out.

It's a symphony.

Sure.

Well, and they'll orchestrate it tonight and again.

That's right.

It'll take two or three years, but in the process, they'll destroy him, then they'll destroy this.

And they've got somebody on, on the CDA box.

I don't know what it is now.

They've got him in on it.

I don't know.

They didn't stay in that apartment.

You should never, the old story, you don't strike the king unless you kill him.

They struck him, and they didn't kill him because of the damn charge.

And that's only if you can do a good job.

If they do a star, they're not really doing anything.

If they do a star, you know, go hell, they're not doing anything.

So, I think this thing is cool.

I guess that is cool.

That's right, he is.

And he ought to get out.

I don't know if that's the start of the other connoisseur's presentation.

It's pretty important.

Sure, I'll take that now.

I tell you, I'd like to hear the double standard stuff.

They really ought to.

I have a few letters to the new star.

You're talking about Hoover.

What about Black?

What about Franklin Carlin?

He's too old.

He's standing there blind.

I've never seen Silver Center before.

We've done a lot.

If you do that.

We need one more.

I'm not sure if you ought to propose that to this Congress.

I just think they ought to, you know, I just don't think they ought to be here.

They ought to be forced to retire in 78 and 72.

Goddamn arms.

The American people would be strong for me.

And, uh, they... Well, actually, nobody should be in the Congress, I would say.

But, unfortunately, we've done it.

What gives you strength is that it won't calm her, and other people will go hell with her.

But you know what I mean.

I can't give up some of those.

Some of our best got with her, so...

They're like...

That's something else that people can retire from.

People can retire from that.

And her person is at a point that shouldn't be there 170 years away.

They just ask how the land is.

That's right.

And I think you understand that.

And I think you don't, sir.

You just say, oh, sure, I don't like the Supreme Court.

There's some assertions of the Supreme Court.

It's an institution.

I have great respect for it.

But frankly, I don't think it is just observable or accurate.

What's wrong with that?

Well, obviously I want to do anything you want me to do.

You're doing great.

I hope you're not working so hard.

No, I'm not.

I think we were going to say we were going to spray.

I was going to say,

Thank you.