On June 17, 1971, President Richard M. Nixon, Wendell Wyatt, Clark MacGregor, Stephen B. Bull, and White House photographer met in the Oval Office of the White House from 12:18 pm to 12:22 pm. The Oval Office taping system captured this recording, which is known as Conversation 524-021 of the White House Tapes.
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 Do not cite this transcript as authoritative.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.
Well, Wendell, how are you?
How are you?
I appreciate it.
Well, I guess we were able to do something for you once, huh?
You were, at the very least, that we get the credit.
I would hope very much for you to do that.
Oh, I meant, uh, what's the word for work?
It's good for us.
That's correct.
Well, now, how many minutes?
I don't know how many minutes you're talking, because I know you're... Well, that's not funny.
I don't know how many minutes you're talking.
And our business is already picking up some.
I don't know when it's going to go, but just a little bit.
What is it going to be?
It's way off.
You know, it's 2 million units.
Yeah, it's just a lag.
And of course, a lot of these units are multiple dwelling units, too.
Oh, yeah.
That doesn't help you that much.
Yeah.
But the price is easing up a little bit.
Earlier this spring, it eased up perceptibly, then dropped back a little bit on longer, maybe.
But it's coming back a little bit.
Our employment state is very, very bad.
We're a little bit ahead of the national average, I think, statewide, isn't it?
And I bet you guys are a lot better off than Washington.
Well, and it's the worst in California.
Well, Washington's the worst in California.
I think statewide, Mr. President, the three in Washington are very, very close.
But, of course, Seattle's a real disaster.
That's a good answer.
Yeah, it is.
It is.
Well, it's a one-industry tunnel.
It's the way I think it's going to be expected.
It'll come back.
It's the way it is.
Everything will do.
China's got shit to do with everything else.
What do you know, if you look ahead, the goals that we had 25 years, when you think of the opening to China and all the rest of it, that's where the action's going to be.
You know, I would like to commend you just in the highest possible terms for your leadership on this Chinese question.
I've been Paul Grumsfeld, and I organized a U.S.-Japan parliamentary conference.
I've had all three of them.
of just members of the US Congress and the Diet.
It's funded by the Ford Foundation through Columbia University so that we don't just have to take the foreign affairs committee members and foreign relations committee members, but people like myself and Rumsfeld could go.
That's why we did it this way.
And I just came back from a meeting there, and the Japanese are a little nervous.
They may miss the bus, the way that it was the expression that we had at the bottom.
We told them to go out.
They met both of them?
They met both of us.
Yeah.
They met both of us.
Oh, I think so.
I don't think there's any questions.
And with
With the exception of the extreme right wing, there really isn't a pretty good exception.
What we've got to expect, and I understand, I know that they have a problem, but on the other hand, we haven't...
dropped our defense, the Taiwan or Shenzhen run when it comes to that.
But we have to recognize that you can't have, you can't allow a dangerous world in which a group of the most productive people in the world are isolated.
The president of the world, not a Soviet, can't break the ice we've got to.
Well, also, it's very obvious you can't have any more international peace.
Over the hundred million people, it's got to start right on.
The arms control, now we're going to have the arms control of the Soviet Union.
At the present time, that's enough.
But in the future, as China moves up in the next 20 years, they'll be just as big as we are.
But you can't do that now.
Thank you again.
I appreciate your work on your life.
I must say, you guys have a lot of guts.
I think you've got your presence here.
Wait a minute.
They're golf balls.
Try it then.
You may have them.
Here you go.
Thank you.
Anybody who gets in always gets the loot.