Conversation: 501-024
Prev: 501-023 Next: 501-025Start Date: Wednesday, May 19, 1971 7:50 PM
End Date: Wednesday, May 19, 1971 8:28 PM
Participants:
Nixon, Richard M. (President); Kissinger, Henry A.; Butterfield, Alexander P.; Ziegler, Ronald L.; Haldeman, H. R. ("Bob"); Bellmon, Henry L.; Tower, John G.; Hardin, Clifford M.; Whitaker, John C.; MacGregor, Clark; Flanigan, Peter M.Recording Device: Oval Office
Full Tape Conversation Start Time: 04:25:50
Full Tape Conversation End Time: 04:59:30
NARA Description:
On May 19, 1971, President Richard M. Nixon, Henry A. Kissinger, Alexander P. Butterfield, Ronald L. Ziegler, H. R. ("Bob") Haldeman, Henry L. Bellmon, John G. Tower, Clifford M. Hardin, John C. Whitaker, Clark MacGregor, and Peter M. Flanigan met in the Oval Office of the White House from 3:50 pm to 4:28 pm. The Oval Office taping system captured this recording, which is known as Conversation 501-024 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 501-24
Date: May 19, 1971
Time: 3:50 pm - 4:28 pm
Location: Oval Office
The President met with Henry A. Kissinger.
Strategic Arms Limitation Talks [SALT] agreement
-Gerard C. Smith
-Meeting with Kissinger
-Response
-President's meeting with SALT delegation
-President's role, delegation's role
-Announcement
-Length
-Anatoliy F. Dobrynin
49
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Length
-Wording
-Length
-U. Alexis Johnson
-Meeting with Kissinger
-Announcement
-Wording
-Significance
Alexander P. Butterfield entered at 3:53 pm.
President’s schedule
Butterfield left and Ronald L. Ziegler entered at 3:54 pm.
Charles H. Percy Amendment
-Prospects
SALT negotiations
-Announcement
-Wording
-Breaking deadlock
-Effect on other negotiations
-Union of Soviet Socialist Republics [USSR], People's Republic of China
[PRC]
-Presentation
-Television delivery
-Location
H.R. (“Bob”) Haldeman entered at an unknown time after 3:54 pm.
-Rose Garden, Press Room
Haldeman left at an unknown time before 4:07 pm.
-Wording
-Length
-Dobrynin
-President’s formulation
Ziegler left at an unknown time before 4:07 pm.
50
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Meeting of SALT delegation and National Security Council [NSC]
-Melvin R. Laird
-Significance
-Cancellation
-Call to Smith
-Smith's response to the announcement
-Meeting with SALT delegation
-Smith Conv. No. 501-24 (cont.)
-Adm. Thomas H. Moorer's response
-Anti-ballistic missile [ABM] agreement
-Smith's response to the announcement
-Announcement
-President's meeting with SALT delegation
Henry L. Bellmon, John G. Tower, Clifford M. Hardin, John C. Whitaker, Clark MacGregor, and
Peter M. Flanigan entered at 4:07 pm; the press was present at the beginning of the meeting.
Greetings
President's schedule
-Haldeman
-Malik Faisal ibn Abd al-Aziz al-Saud’s [Faisal, King of Saudi Arabia] visit
-Dinner
-Meeting with President in 1967
-Rogers
Kissinger left at 4:07 pm.
Charles McC. Mathias Amendment vote
-Time
Photo arrangements
An unknown man
Drought relief
-Amount
-Losses
-Timing
-[Unintelligible] [Camera noise]
-Florida
-President's information about weather
51
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-[Unintelligible] [Camera noise]
-John B. Connally
-Letter to Hardin
-Delay
-Palm Springs
-Effects
-Foreclosures
-Texas Conv. No. 501-24 (cont.)
-Amount of assistance
-Texas and Oklahoma
-Fiscal year 1972
-Southwest, Texas, Oklahoma
Agriculture
-Operating and ownership loans for cattle
-Ceiling
1960 level
-Bureaucrats
-Orville L. Freeman
-Needs of farmers
-Borrowing problems
-John Ehrlichman, Caspar W. (“Cap”) Weinberger
-Future loans
-Farmers Home Administration
-Importance of agriculture
-Loan problems
-Farmers Home Administration
-James V. Smith
-Flanigan's role
-Connally's conversation with President
Economy
-Interest rates
-Connally
-Arthur F. Burns
-US dollar, Deutsche mark
-Federal Reserve
-Short-term and long-term rates
-Changes
-Connally’s conversation with Burns
-Short-term rates
-Importance
52
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Compared to budget
-Movement
-Milton Friedman's article "The Mark Crisis"
-Willy Brandt
-German economy
-Home building
-Mortgage rates
-Preston Martin Conv. No. 501-24 (cont.)
-Meeting with Flanigan, May 19, 1971
-Mortgage rates
-Savings and loans
-Incoming funds level
-Housing starts
-Max M. Fisher
-George W. Romney
-Importance of interest rates
-Building levels
-Farming
-Possibility of over-building
-Interest rates
-Martin
-Meeting with Flanigan, May 19, 1971
-Predictions of housing starts levels
-Federal Reserve
Drought relief
-President's previous speech
-Timing
-Amount
-Southwest, Minnesota
-Hubert H. Humphrey
-Minnesota, Texas
-Humphrey
Congressional votes
-Mathias Amendment
Bellmon, Tower, Hardin, Whitaker, and Flanigan left at 4:26 pm.
-Results of recent votes
-Mathias Amendment
-Abraham A. Ribicoff, Birch E. Bayh
53
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)
-Kenneth E. BeLieu, William E. Timmons
-Senators supporting Administration
-John Sherman Cooper
-Mathias and Michael J. Mansfield Amendments
-Possible future developments
-[Forename unknown] Johnson
-Efforts
Conv. No. 501-24 (cont.)
MacGregor left at 4:28 pm.