Conversation: 485-002
Prev: 485-001 Next: 485-003Start Date: Wednesday, April 21, 1971 8:14 PM
End Date: Wednesday, April 21, 1971 8:51 PM
Participants:
Nixon, Richard M. (President); Shultz, George P.; McCracken, Paul W.; Flanigan, Peter M.; Whitaker, John C.; Kriegsman, William E.Recording Device: Oval Office
Full Tape Conversation Start Time: 00:01:57
Full Tape Conversation End Time: 00:37:37
NARA Description:
On April 21, 1971, President Richard M. Nixon, George P. Shultz, Paul W. McCracken, Peter M. Flanigan, John C. Whitaker, and William E. Kriegsman met in the Oval Office of the White House from 3:14 pm to 3:51 pm. The Oval Office taping system captured this recording, which is known as Conversation 485-002 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 485-2
Date: April 21, 1971
Time: 3:14 pm - 3:51 pm
Location: Oval Office
The President met with George P. Shultz, Paul W. McCracken, Peter M. Flanigan, John C.
Whitaker, and William E. Kriegsman
[General conversation]
Economy
-Outlook
-Quarter
-Figures
-Administration's economic policy
-”Breakthrough”
-Inflation
-Future course
Energy message [Special message to Congress on Energy Resources, June 4, 1971]
-Breeder reactor
Breeder reactor
-Public relations
-President's position
2
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Chet Holifield
-Environmentalists
-Press
-Budget
-Government reorganizations
Government reorganization
-Holifield
Breeder reactor
-Costs
-Budget
-Program
-Excitement
Energy
-Energy message
-Natural gas
-Pricing
-Oil import policy
-Natural gas
-Deregulation
-Federal Power Commission [FPC]
-FPC
-John N. Nassikas
-Pricing
-Legislation
-Harris bill
-Credit
-Fuel shortage
-Gas
-Breeder reactor
-Energy message
-Administration's possible policy
-Holifield
-Development timing
-Ten years
-Costs
-Science
3
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Oil import policy
-Flanigan
-John G. Tower
-John B. Connally
Government reorganization
-Department of Natural Resources [DNR]
-Holifield Conv. No. 485-2 (cont.)
-Atomic Energy Commission [AEC] and DNR
-Possible administration strategy
-Breeder reactor
-Holifield
Energy
-Continental shelf
-Environmentalists
-Oil
-North Slope
-Technology
-Drilling
-Oil shale
-Shultz
-Costs
-Technology
-Oil and oil shale
-Canada
-Level of US imports
-Negotiations
-US position
-Pipeline
-Stalemate
-State Department
-Philip H. Trezise
-McCracken
-George A. Lincoln
-Pipeline
-North Slope
-Negotiations
-Trezise
-US position
4
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
**********************************************************************
BEGIN WITHDRAWN ITEM NO. 1
[National Security]
[Duration: 1m 25s ]
CANADA Conv. No. 485-2 (cont.)
END WITHDRAWN ITEM NO. 1
**********************************************************************
-Great Lakes
-Costs
-Environmentalists
Earth Day participants
-John V. Lindsay
-”Flower children”
-Environmentalists
Breeder reactor
-Number
-Contractors
-Experts
-Views
-Prototype
-Building
-Time required
-Prototype
-Number
-Contractors
-General Electric [GE], Westinghouse, [North American Rockwell]
-Confidence and competition
-Expense
-Private industry
-Federal Government
-Pre-prototypes
-Uncertainties
-Contractors
5
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-North American Rockwell
-GE
-California
-Building
-Schedule
-California
-AEC
-AEC Conv. No. 485-2 (cont.)
-Possible problem
-Contractors
-GE and Westinghouse
-North American Rockwell
-Competence
-GE and North American Rockwell
-Building
-California
-Unemployment
-Engineers
-Scientists and engineers
-Possible announcement
The President's schedule
-California
-Western White House
Government reorganization
-Shultz
-Possible conversation with Holifield
-Wilbur D. Mills
-H. Allen Smith
Removal of Donald E. McLarnan
-Thomas S. Kleppe
-Smith
-Possible action
-Frank T. Bow
-McLarnan
-Henry Salvatori
-F. Donald Nixon
-Smith
-Competence
-Smith
6
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Ronald W. Reagan
-Shultz
-Reagan's view
Energy message
-Timing
-Holifield
-Long Beach
-Timing Conv. No. 485-2 (cont.)
-Announcement
-Breeder reactor
-Santa Barbara
-Continental shelf
Energy
-Canadian negotiations
-President's possible role
-Pace
-Deadline
-Peter G. Peterson
-Council on International Economic Policy [CIEP]
-Oil imports
-US domestic producers
-Henry L. Bellmon
-Tower
-Frank N. Ikard
-American Petroleum Institute [API]
**********************************************************************
BEGIN WITHDRAWN ITEM NO. 2
[National Security]
[Duration: 15s ]
CANADA
END WITHDRAWN ITEM NO. 2
**********************************************************************
-US domestic producers
7
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Possible reaction
-Oil imports
-Shortages
-Effect on prices
******************************************************************************
BEGIN WITHDRAWN ITEM NO. 4 Conv. No. 485-2 (cont.)
[National Security]
[Duration: 29s ]
CANADA
END WITHDRAWN ITEM NO. 4
******************************************************************************
-Flanigan's Possible Conversations with domestic producers
-Oil companies
-API
-Bellmon
-Dr. Walter J. Mead
-Princeton University
-Texas independent oil producers
-Tariffs
Energy message
-Time spent preparing
-Oil shale
-Shortages
-”Brown-outs”
-Short-term measures
-Possible Canadian agreement
Federal Power Commission [FPC]
-President's conversation with John L. McClellan
-Arkansas Valley
-Natural gas
-Clark MacGregor
-Management
-Chairman and commissioners
8
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Gas
Breeder reactor
-Number
-Holifield
-Negotiations
-Construction
-California Conv. No. 485-2 (cont.)
-Timetable
-1980
Canadian negotiations
-Henry A. Kissinger
**********************************************************************
BEGIN WITHDRAWN ITEM NO. 3
[National Security]
[Duration: 30s ]
CANADA
END WITHDRAWN ITEM NO. 3
**********************************************************************
Energy message
-Breeder reactor
-Holifield
-Importance
-Fusion
-Fusion
-Risk to breeder program
-Possible breakthrough
-Howard H. Baker, Jr.
-Semi-breeder
-Admiral Hyman G. Rickover
-Navy
-Dr. Edward Teller
-Rickover
9
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Economic competitiveness
-Usefulness
Gifts
-Tie pins
-Shultz
McCracken, Flanigan, Whitaker, and Kriegsman left at 3:46 pm
Conv. No. 485-2 (cont.)
Removal of McLarnan
-Difficulties
-Competence
-Smith
-Kleppe
-Schedule
-Anthony G. Chase
-Smith
-Vote on Supersonic Transport [SST]
-Reason for removal
-California
-Smith's call to Breeden[sp?] [Forename unknown]
-Bureaucrats
-Rules Committee
-Possible transfer
-President's California constituents
-Complaints to Small Business Administration [SBA]
-Earthquake
-Smith
The President's schedule
-Meeting with 4-H Club leaders
Schedule
-Productivity Commission meeting, April 30, 1971
-Conference
-Composition
-Labor, management, government
-Subjects
-Forum
10
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
The President's schedule
-April 30, 1971 meeting of Productivity Commission
-Location
-Roosevelt Room
-Shultz's possible conversation with Haldeman
The President and Shultz left at 3:51 pm
Conv. No. 485-2 (cont.)