President Nixon met with Peter M. Flanigan to address pending policy decisions regarding petrochemicals and international textile trade. The discussion focused on evaluating options for oil import policies and the political implications of utilizing the national security clause to manage textile negotiations with Japan. Flanigan reported on consultations with various Cabinet members and congressional figures, emphasizing the need for timely decisions to navigate complex industry pressures and diplomatic relations.
On August 10, 1971, President Richard M. Nixon, Stephen B. Bull, Peter M. Flanigan, and Alexander P. Butterfield met in the Oval Office of the White House from 5:45 pm to 6:00 pm. The Oval Office taping system captured this recording, which is known as Conversation 560-004 of the White House Tapes.
Nixon Library Finding AidConversation No. 560-4
Date: August 10, 1971
Time: 5:45 pm - 6:00 pm
Location: Oval Office
The President met with Stephen B. Bull and Peter M. Flanigan.
Alexander P. Butterfield
Bull left at 5:45 pm.
Ambassadorships
Butterfield entered and left at 5:45 pm.
-Appointees
Ambassadorships
-Appointees
-State Department recommendations
-William P. Rogers
Ambassadorships
-Appointees
-[Robert P.?] Griffin
-Wire to Herbert W. Kalmbach
-Brother
-Trustees
Petrochemicals
-Administration’s options
-Cabinet Task Force recommendations
-George P. Shultz
-Maurice H. Stans
-Oil Policy Council
-Oil producers' views
-Lockheed vote
-Administration's promise
-Oil producers’ view
-Supplies
-Plants
-Option One
-Views of Department of Defense [DOD], Department of Interior, Gen.
George A. Lincoln, Clark MacGregor
-Option Two
-Views of Stans, John N. Mitchell, Department of State, Council of Economic
Advisers [CEA], Flanigan
-Impact on oil companies
-Compared to Option One
-Flanigan’s discussion with Congress
-Lockheed vote
-John B. Connally's role
-William V. Roth, Jr.
-President's call to [Thomas] Hale Boggs
-Flanigan's possible conversation with Connally
-Roth
-Industry views
-Robert P. Griffin's views
-Oil producers' views and motives
-Prices
-Inflation
Bull entered at an unknown time after 5:45 pm.
President's schedule
-Shultz
Bull left at an unknown time before 6:00 pm.
Petrochemicals
-Oil producers' views and motives
-Clifford P, Hansen [?]
-Oil prices
-Rigs
-Inflation
-Administration’s options
-Timing of decision
-Flanigan's possible call to Connally
-Oil producers
-Tariffs compared to quotas
-Mitchell's views
-Oil industry compared to Senators
-Balance of payments, exports
-President’s view
-Flanigan’s possible call to Connally
-Flanigan's possible call to Connally
-Option Two
-President’s view
-Treasury Department
-Connally's possible calls
-MacGregor's views
-Henry L. Bellmon, John G. Tower, Hansen
-Option One
-Politics
-Roth
-Balance of payments
-Conversation with Flanigan
International trade
-Textiles
-National security clause
-Comparison to Dwight D. Eisenhower and oil
-Possible impact
-Steel, electronics industries
-Rogers' conversation with Flanigan
-Peter G. Peterson
-Rogers' views
-Takeo Fukuda
-Forthcoming visit to US
-Timing
-Possible negotiations with Fukuda
-Eisaku Sato
-Possible agreement
-Parameters
-Ambassador [Nobuhiko Ushiba]
-Connally
-David Kennedy's views
-Wilbur D. Mills
-Duration
-Cotton Textile Agreement
-Textile industry
-National Security clause
-Political aspect
-Okinawa
-Tariff Commission Act
-Quotas
-Peterson
-Quotas
-Flanigan’s view
-Bill
-Mills
-Escape clause
-Rogers' possible negotiations with Fukuda
-Possible agreement
-Duration
-Possible quota bill
-Peterson
-National Security clause
-Views of Stans, Connally, Mitchell
-Views of Henry A. Kissinger, Rogers, Shultz
-Possible effect
-Rogers’ forthcoming talk with the President
-Decision
-Timing
-Quotas
-Mills
Ambassadorships
Flanigan left and Stephen B. Bull entered at 6:00 pm.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.