Conversation 464-009

On March 9, 1971, President Richard M. Nixon, George P. Shultz, Henry A. Kissinger, Peter M. Flanigan, Peter G. Peterson, and the White House operator met in the Oval Office of the White House from 11:39 am to 12:03 pm. The Oval Office taping system captured this recording, which is known as Conversation 464-009 of the White House Tapes.

Conversation No. 464-9

Date: March 9, 1971
Time: 11:39 am - 12:03 pm
Location: Oval Office

The President met with George P. Shultz, Henry A. Kissinger, Peter M. Flanigan, and Peter G.
Peterson

     Greetings

     [Unintelligible]

     Textile trade negotiations with Japan
          -Wilbur D. Mills’ position
                 -Japanese restraint
                      -Voluntary controls
                             -Steel
                      -Administration concerns
                      -Industry response
                 -An announcement regarding negotiations
                      -Effect of Mills’ comments
                 -A meeting with Japanese ambassador
                 -Industry position
                 -Administration’s position
                 -Possible results
                 -Textile legislation
                 -Options for administration
                      -Possible public statement
                      -Possible effect on textile industry
          -Maurice H. Stans’ position
                 -Legislation

             -John N. Mitchell’s position
             -Harry S. Dent’s position
             -Kissinger
             -President’s position
             -Mills

     Mills
             -Position on textiles
             -Position on Social Security and welfare reform
             -Administration handling

     Textile trade negotiations with Japan
          -State Department suggestion

[The President talked with the White House operator at 11:45 am]

[Conversation No. 464-9A]

     Dent

[End of telephone conversation]

             -Mills
             -Textile legislation
             -Mills’ position on agreement
             -Industry position on agreement

[The President talked with the White House operator at an unknown time after 11:45 am]

[Conversation No. 464-9B]

     President’s call to Dent
          -Availability

[End of telephone conversation]

     Dent
             -Location
                  -Roosevelt Room

     Textile trade negotiations with Japan
          -Dent’s position

-Japanese position
     -Definition of terms
            -Shultz’s view
                  -Problems
                        -US negotiating position
-Japanese imports in 1971
-[Forename unknown] Machino
-Japanese ambassador
-US position
-Textile legislation
-Options
     -Negotiations
            -Stans
     -Legislation
     -Negotiations
            -Mills
-A Meeting with [Name unintelligible]
     -Mills
     -Legislative approach
-Options
     -Negotiations
            -Effect of Mills’ comments
            -US position
            -Textile industry position
            -Possible results
            -The President’s position
                  -Japanese voluntary restraint
                  -Legislation
                        -Monitoring
                        -Mills
            -US position
            -Textile legislation
                  -Conditions
                  -Mills
-Importance to US
     -Effect on foreign trade
-Textile legislation
-Dent’s involvement
-John W. Byrnes
-Mills
-Congressional position

           -Effect on foreign trade
           -Mills
           -Dent

Shultz, et al. left at 12:03 pm