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Conversation 490-009

TapeTape 490StartTuesday, May 4, 1971 at 7:55 AMEndTuesday, May 4, 1971 at 8:03 AMTape start time01:07:08Tape end time01:13:11ParticipantsNixon, Richard M. (President);  Haldeman, H. R. ("Bob")Recording deviceOval Office
AudioNARA Description

On May 4, 1971, President Richard M. Nixon and H. R. ("Bob") Haldeman met in the Oval Office of the White House from 7:55 am to 8:03 am. The Oval Office taping system captured this recording, which is known as Conversation 490-009 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 490-9

Date: May 4, 1971
Time: 7:55 am - 8:03 am
Location: Oval Office

The President met with H.R. (“Bob”) Haldeman .

[Transcript #1: A transcript of the following portion of this conversation was prepared under
court order from December 1978 through March 1979 for Special Access 8, Ronald V. Dellums,
et al. v. James M. Powell, et al., No. 71-2271. The National Archives and Records

Administration produced this transcript. The National Archives does not guarantee its accuracy.]

[End of transcript]

     Stock market
          -Performance, May 3, 1971
                -Profit-taking
                -Investors
          -Funds

     President's schedule
           -Upcoming Republican leadership meeting
                 -Length
                 -Procedures
                 -Clark MacGregor
                 -Hugh Scott
                 -Gerald R. Ford
                 -President’s experience
                       -Dwight D. Eisenhower Administration
                 -Senate and House reports
                 -Agenda
                 -Issues
                 -Frank T. Bow
                 -Cabinet meetings
                       -Maurice H. Stans
                 -MacGregor
                 -Length
                 -Agenda

       Meetings
             -Conduct
[Transcript #2: A transcript of the following portion of this conversation was prepared under
court order from December 1978 through March 1979 for Special Access 8, Ronald V. Dellums,
et al. v. James M. Powell, et al., No. 71-2271. The National Archives and Records
Administration produced this transcript. The National Archives does not guarantee its accuracy.]

[End of transcript]

The President and Haldeman left at 8:03 am.
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 Do not cite this transcript as authoritative.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.

It was about as good as this has recovered last night.
Nothing happening this morning.
Nobody out except policemen and troops.
No action.
It's going to be hard for them.
They're going to try to get a mark on it.
They've got one judge now apparently who has issued a short cause on the arrests.
Checked it.
Checked it.
Yeah.
That's the rest of that.
I'll have the third.
That's what I was going to have.
Yeah.
Grabbed by him.
He's the left-hander.
One of the other, I noticed in Charlie's house, he's making a $250 bail.
And he would.
I don't know why I don't know that.
I don't know.
They did arrest Spock.
Well, they didn't see, they picked up Rennie Davis on a specific arrest, he had to be out and out and gone, and Spock just got bought from the General Suite.
They have him over in the, they may be out and out, they have him.
He probably works by the building.
coverage on the damage and disruption.
There's nobody, hardly anybody, there's only one, one or two that have come out for him.
Virtually everybody else is coming against him.
I saw him in Muskegon and, well, Muskegon coming up very strongly against him.
No, he just, he went off.
He said it was very, this, this person, I heard the cause.
That's a hell of a bad point.
I had a little meeting yesterday, yeah.
Brother, there's not, what, three young brats?
No.
No reason.
It's just that he's way up there.
For so long, the Bears have got to take care of the profits.
To get some big profit-taking, you get somewhere they've got to start getting people back in the market, which apparently they don't have yet.
But they have a lot of them.
Anything like what there is available, individual funds, make a good little profit.
It's a good buy.
It's too high.
It's a very good buy.
Well, they think it's, they don't want to buy it, but they think it's a hot stuff.
I made a note of that meeting this morning.
I'm sure it's not going to take too long, so it's all right.
But this morning, I wanted you to know that they've got a new procedure to provide instead of having to send it off to the courts.
Clark, you have the idea that they have an argument.
So he's going to take out each bill and have Scott report it to the board.
And on that road, I used to go through that.
Yeah, I had a hard day, you know.
You never get through a breach.
I'm sorry.
Do you watch?
too many things, Bob.
It's better to have a Senate report than a House report, rather than about anything.
A lot of meetings are a waste of time and more.
They're pure therapy.
So the thing to do is to have a little bullshit, you know, about something like McConnell in the beginning.
Something you have to get together on one issue.
Then for the whole group that would sit there and be bored to death about, God, they've got Frank Boe coming in and all the rest.
See, that would be like the cabinet show-and-tell meetings, you know.
Have Roy Santos about his trip to Guadalajara with
The purpose of it is really not that.
It's if the members don't want to hear all that bullshit.
And it's a horrible war for me.
Maybe a rigger thought it was that I didn't enjoy it, but I didn't want to hear it.
See, we want to get the meetings over as quickly as we can.
This idea was just in front of us.
It was locked in there.
The city got it.
It was to run through the negotiations.
The meetings don't even hold.
The whole time we're talking bullshit.
listening about .
But just so they, the fellows know that all these things that we have on this list, they'll remember that they are there again.
Countless people sinned against me, and the people, you know, and deceived me, and created a great crisis.
Well, it showed a lot of action.
But what do you think about that?
I'm just going to be honest with you.
I'm just going to be honest with you.
There were a lot of bad people here that were well-managed.
They didn't love to tear the men apart.
Right.
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