Conversation 499-001

TapeTape 499StartWednesday, May 12, 1971 at 4:29 PMEndWednesday, May 12, 1971 at 5:27 PMTape start time00:00:46Tape end time00:04:52ParticipantsNixon, Richard M. (President); Kennedy, David M.; Peterson, Peter G.Recording deviceOval Office

Audio

NARA Description

On May 12, 1971, President Richard M. Nixon, David M. Kennedy, and Peter G. Peterson met in the Oval Office of the White House at an unknown time between 4:29 pm and 5:27 pm. The Oval Office taping system captured this recording, which is known as Conversation 499-001 of the White House Tapes.

Nixon Library Finding Aid

Conversation No. 499-1

Date: May 12, 1971
Time: 4:29 pm - unknown before 5:27 pm
Location: Oval Office

The President met with David M. Kennedy and Peter G. Peterson; the recording begins at an
unknown time while the meeting is in progress; discontinuities appear in the original recording.

     International trade
           -Textile negotiations with Takeo Fukuda

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[Previous non-historical (H) withdrawal reviewed under deed of gift 06/10/2019. Segment
cleared for release.]
[Non-Historical]
[499-001-w001]
[Duration: 2m 52s]

[Machine malfunction no conversation was recorded.]

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     National economy
          -Gross National Product [GNP] for first quarter
                -Release date
                -Significance
          -Another economic indicator

     Farewells

The conversation was cut off at an unknown time before 5:27 pm.

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 Do not cite this transcript as authoritative.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.

By stepping up the payments, they've shortened them a year, and they've increased the down payments, so it about balances out.

And I'm willing to call it quits for another reason.

I did this for helping on the textiles with Bakuda.

Now, this is double dealing, but I think it's good dealing.

Sounds alright.

I know you've done other stuff.

I haven't.

I don't want to talk about that.

I don't want to have to do this to me.

As a matter of fact, that's about the, uh, the, uh, revival of GNP that you hear.

They revised it up.

It's going to come out Friday.

It's 30.8 in the first quarter rather than 28.5.

That's news.

So that's good news.

It's 33, but that's a down close in the ballgame.

Yes, that's all right.

We don't mind.

I'm afraid that if you get it too fast to start with, you'll have to be up to.

So, uh,

We were glad to hear it.

Good luck.

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