{"conversationCode":"499-001","tapeNumber":499,"conversationNumber":1,"identifier":"37-wht-conversation-499-001","startDateTime":"1971-05-12T20:29:00.000Z","endDateTime":"1971-05-12T21:27:00.000Z","startDate":"12-May-1971","startTime":"4:29 PM","endDate":"12-May-1971","endTime":"5:27 PM","dateCertainty":"certain","timeCertainty":"estimated","participants":"Nixon, Richard M. (President); Kennedy, David M.; Peterson, Peter G.;","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.","locationCode":"OVAL","recordingDevice":"Oval Office","latitudeEstimated":38.8974,"longitudeEstimated":-77.0374,"chronCode":1,"chronRelease":"First Chronological Release","chronReleaseDate":"5-Oct-1999","aogpRelease":null,"aogpSegment":null,"lastModified":"2015-07-27T17:04:10.235Z","findingAid":"Conversation No. 499-1\n\nDate: May 12, 1971\nTime: 4:29 pm - unknown before 5:27 pm\nLocation: Oval Office\n\nThe President met with David M. Kennedy and Peter G. Peterson; the recording begins at an\nunknown time while the meeting is in progress; discontinuities appear in the original recording.\n\n     International trade\n           -Textile negotiations with Takeo Fukuda\n\n******************************************************************************\n\n[Previous non-historical (H) withdrawal reviewed under deed of gift 06/10/2019. Segment\ncleared for release.]\n[Non-Historical]\n[499-001-w001]\n[Duration: 2m 52s]\n\n[Machine malfunction no conversation was recorded.]\n\n******************************************************************************\n\n     National economy\n          -Gross National Product [GNP] for first quarter\n                -Release date\n                -Significance\n          -Another economic indicator\n\n     Farewells\n\nThe conversation was cut off at an unknown time before 5:27 pm.\n\n                                                                  Conversation No. 499-2/ 498-1\n\nDate: May 12, 1971\n\nTime: 5:28 pm - unknown before 6:03 pm\nLocation: Oval Office\n\nThe President met with H.R. (“Bob”) Haldeman; the recording begins while the meeting is in\nprogress.\n\n     Gerald R. Ford\n          -Previous conversation with President\n                -Hugh Scott\n                -Robert P. Griffin\n          -Supersonic Transport [SST] vote\n\n     House of Representatives votes, May 12, 1971\n         -Welfare reform\n\n[The President talked with the White House operator at an unknown time between 5:28 pm and\n5:29 pm]\n\n[Conversation No. 499-2A]\n\n[See Conversation No. 3-25]\n\n[End of telephone conversation]\n\n     House of Representatives votes\n\n     John A. Scali\n          -Previous conversation with Henry A. Kissinger\n          -Views and activities\n               -Michael J. (“Mike”) Mansfield Amendment\n                     -Kissinger\n               -North Atlantic Treaty Organization [NATO]\n\n     Mansfield Amendment regarding NATO\n         -President's possible actions\n         -President's schedule\n               -Scali meeting\n\n     Public relations\n           -Scali's role\n[The President talked with Leslie C. Arends between 5:29 pm and 5:31 pm]\n\n[Conversation No. 499-2B]\n\n[See Conversation No. 3-26]\n\n[End of telephone conversation]\n\n     [Unintelligible]\n                                                                 Conv. No. 499-2/498-1 (cont.)\nStephen B. Bull entered at 5:31 pm.\n\n     George P. Shultz's schedule [?]\n\n     John D. Ehrlichman's schedule\n\nBull left at 5:32 pm.\n\nThe President talked with Frank T. Bow between 5:32 pm and 5:33 pm.\n\n[Conversation No. 499-2C/498-1A]\n\n[See Conversation No. 3-27]\n\n[End of telephone conversation]\n\n[The remaining portion of this conversation was recorded intermittently with Conversation No.\n498-1]\n\n     President's forthcoming speech on foreign policy\n           -Previous State of Union speech\n                 -Revenue sharing\n                 -Government reorganization\n                 -\"New American Revolution\"\n           -1972 State of the Union speech\n\n[The President talked with the White House operator at an unknown time between 5:33 pm and\n5:41 pm]\n\n[Conversation No. 499-2D]\n\n[See Conversation No. 3-30]\n\n[End of telephone conversation]\n\n     Peterson\n           -Raymond K. Price, Jr.\n           -Patrick J. Buchanan\n           -William L. Safire\n\n[The President talked with John B. Connally between 5:41 pm and 5:45 pm]\n                                                                Conv. No. 499-2/498-1 (cont.)\n[Conversation No. 499-2E]\n\n[See Conversation No. 3-32]\n\n[End of telephone conversation]\n\n           -Georgia\n\nEhrlichman entered at an unknown time after 5:41 pm.\n\n     Paul W. McCracken\n\nThe conversation was cut off at an unknown time before 6:03 pm.","filename":["499-001.mp3"],"tapeStart":"00:00:46","tapeEnd":"00:04:52","participantsList":["Nixon, Richard M. (President)","Kennedy, David M.","Peterson, Peter G."],"prevCode":"498-019","nextCode":"499-002","transcript":[{"start":0.03,"end":12.49,"text":"By stepping up the payments, they've shortened them a year, and they've increased the down payments, so it about balances out."},{"start":13.21,"end":15.86,"text":"And I'm willing to call it quits for another reason."},{"start":15.88,"end":20,"text":"I did this for helping on the textiles with Bakuda."},{"start":20.02,"end":23.93,"text":"Now, this is double dealing, but I think it's good dealing."},{"start":25.51,"end":32.69,"text":"Sounds alright."},{"start":32.71,"end":33.33,"text":"I know you've done other stuff."},{"start":33.35,"end":33.55,"text":"I haven't."},{"start":33.58,"end":34.22,"text":"I don't want to talk about that."},{"start":34.24,"end":35,"text":"I don't want to have to do this to me."},{"start":207.61,"end":218.84,"text":"As a matter of fact, that's about the, uh, the, uh, revival of GNP that you hear."},{"start":218.86,"end":221.91,"text":"They revised it up."},{"start":221.93,"end":222.61,"text":"It's going to come out Friday."},{"start":222.63,"end":223.97,"text":"It's 30.8 in the first quarter rather than 28.5."},{"start":223.99,"end":224.43,"text":"That's news."},{"start":224.45,"end":225.21,"text":"So that's good news."},{"start":225.23,"end":228.37,"text":"It's 33, but that's a down close in the ballgame."},{"start":228.39,"end":229.15,"text":"Yes, that's all right."},{"start":229.17,"end":229.63,"text":"We don't mind."},{"start":229.65,"end":235.82,"text":"I'm afraid that if you get it too fast to start with, you'll have to be up to."},{"start":235.84,"end":235.98,"text":"So, uh,"},{"start":236.38,"end":245.62,"text":"We were glad to hear it."},{"start":246.66,"end":246.98,"text":"Good luck."}],"aiSummary":{"text":"President Nixon met with David M. Kennedy and Peter G. Peterson to discuss international trade negotiations and domestic economic performance. The group reviewed the status of textile negotiations involving Japanese Minister Takeo Fukuda and analyzed updated first-quarter Gross National Product (GNP) figures. The participants noted that the upwardly revised GNP data, scheduled for public release that Friday, represented positive economic news for the administration.","topics":["International trade","Textile negotiations","Gross National Product","Economic policy","US-Japan relations"],"generatedAt":"2026-04-06T22:16:07.094Z"},"topicSlugs":["international-trade","textile-negotiations","gross-national-product","economic-policy","us-japan-relations"],"audioDurationSec":247,"audioFiles":[{"file":"499-001.mp3","bytes":9883564,"durationSec":247.05,"bitrate":320050,"missing":false}],"audioIsShared":false,"audioProbedAt":"2026-09-18T02:19:49.346Z","findingAidSource":"nixonlibrary.gov subject log (2024-05), reslice-v2","findingAidUpdatedAt":"2026-09-18T08:43:51.437Z","audio":["https://nixon.nyc3.digitaloceanspaces.com/audio/499-001.mp3"],"url":"https://www.easynixon.org/tapes/499-001","nixonLibraryUrl":"https://www.nixonlibrary.gov/white-house-tapes/499/conversation-499-001","license":"Public domain (U.S. Government work). AI-generated fields (transcript, aiSummary) are provided as-is without warranty."}