Conversation 564-004

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He was just so proud.

He was just really a fellow to talk to and usually a fan.

Well, that's interesting, his point that, you know, even as the afterthought, they thought the program was great, but, you know, he was so good.

Everybody, that's the most, I can't hit, but I think it was the most valuable piece.

is running the country.

It's the leadership thing that... What I'd like to do, Bob, is to have a meeting, a leadership meeting tomorrow.

When do we speak?

When do I have to let you know?

You leave at 5.55 or some time, 5 o'clock.

Well, then, let's try to set it tomorrow.

We could, uh, 5.45, right?

Tomorrow, say, at, uh, 10 o'clock, rather than in the morning.

That's what I did at 5 o'clock.

What, uh, well, I want Milo Wilson-Burner.

I want Russell Bowman, Bowley Bennett.

I want George Mahon and Bowley.

Uh, I might...

and many interns too.

Then I'd like to have Mansfield and Scott Griffin.

on our side named Ted Burton.

Ted on the other, on our side, on the House side, Albert, Lawrence, Ford, and Aarons.

Now, Albertson.

They talk about farm and you don't have to sell them.

Obviously some of these, you're not going to get any of them.

Plants are reduced for, you know what I mean, on the east.

And this is my request to some of these people.

I don't want them, not from abroad, but you know, to the extent that government transportation is available, which is, if you'd like, Wilbur Nelson, and Little Rock, and I want you to have government plants.

You know, if it's needed, you know what I mean?

I think the best thing to do is just let it go, you know, and hope that they won't come.

Well, I'm going to talk to Julie about letting her, let her, of course, adopt.

She may come back.

I'll talk to her.

What do you want from here?

I don't want to sign all that group.

You know, nothing below that.

Because it will fill up the room.

And on the liaison side, I don't want the whole blue.

and all that stuff, you know, just some regular attendants.

We could do it with two regular attendants.

I think we should be there long so that we don't appear to be overstating anything.

And I don't want, I don't want Klein and all that stuff in there either.

You know what I mean?

I don't want a whole group of PR guys that we could just sit there and cover for the press.

Who is it that you bring these legislating things to cover?

Can't say we do it.

He can initially, but he says he can't do it.

That would be nice for him.

I'm not applying and all the rest of this is... Well, on this occasion, why don't you let a satirist do the covering?

I mean, after all the... Just let a satirist be there and he'll understand everything too.

A satirist is...

Now, I live in Hanover.

What about Peterson and Hurd?

No, he didn't attend.

Well... No, no, wait.

You've got to get him over there at Peterson.

He's got to work with the Congress on Maxwell's man.

Oh, yeah.

Peterson.

I think you've got to have Peterson and Hurd.

Why don't I help John?

Oh, you want to get him a boy with a gun?

Hello.

I didn't want to bother your vision for your Congress, but I thought it was a good thing

I just talked to Wilbur and he walked me all the way.

And I said, Wilbur, would you be willing to come in for a meeting with the bipartisan leadership?

He said, yeah, I'll have it this week.

And so I thought that 10 o'clock tomorrow night, basically this would be

It's like a ranking on ways and means, appropriations, banking, and currency, and the top leadership of the House and Senate bipartisan.

How does that sound to you?

It's follow-up.

And so if you will announce that the President is calling the bipartisan leadership together, and that we have indications of very strong support from Chair Mills of making proposals.

So let's give him credit.

Give him credit.

Yeah.

Ways and means, appropriations, banking, currency, and then I will include the, and then the legislative, in other words, the majority-minority leaders' quips.

No comment.

Boathouses, all of the boathouses, the banking currency, I think, ought to be included in this.

Don't you think so?

Yeah.

And also, they're our friends.

Most of those people are our friends.

All right.

Good luck.

I thought that was a good guy.

Okay.

Yeah.

Good luck.

His technical was saying last night, you know, that Conley's so head and shoulders above everybody else around here.

And his technique at handling people, you know, like yesterday, when we're getting the press conferences and the briefings and all that set up, you know, he walks into Ron's office and sits down.

Ron says, how great did you do this and all that.

He says, whatever, y'all won.

You know, he just...

If he disagrees, he tells you that instead of coming in like a Romney or somebody would do, I'd tell you how he's going to conduct the press conference and then how you should do it and be pompous and have police on his aides and the deal and all that.

He walks out of the door and sits down and says, wait one minute.

We're here.

I'm not sure.

Maybe the State Department ought to tell you for sure.

The

I whispered to him, I gave him a note on some of the points he wanted to get across, and that's our names.

You see, he just tracks right into the sand, and he goes, and he just broke it.

I don't believe so.

There's a copy message.

Place the call so that they don't hear it before.

Why don't I just call him and tell him?

I'll just call him and tell him.

All right, all right.

Oh, I think that's nice.

Good.

He takes a lot of heart, that's true.

Well, as a matter of fact, I think everybody is in the first much of the reaction, actually, I would say, is better than anticipated.

Would you not say so?

Much better than I anticipated.

Yeah.

And most of the negative that I anticipated isn't there, but it's a bit constant.

Embers beneath the surface.

They have to, in a hastily called meeting at Camp David, or a hastily summoned press conference or something like that, or a hastily... A little bit, but it's way down low.

I thought it would be, you know...

And finally, we had got that out of the box just like I told you we can.

The purpose of this, we had to keep it quiet.

I've been working all the time.

Oh, sure.

And that speech was too well organized to just come off the top of my head in five minutes.

Yeah.

Don't you think so?

Yeah, but knowing the way those bastards grew, it's like I was looking for the worst and figuring the way you could really shoot this down is to say, make some mechanics.

So perhaps you can't even plan.

Well, don't you think I could have a mechanic that would be so private?

Newsweek.

Newsweek and I don't know why that's out today.

That food page says make some seriously considering some economic moves.

If he goes to a wage-price freeze, he will not announce it until late spring next year, and it will hold through the election.

If, on the other hand, he goes to some form of a stabilization board, he may announce it quite soon.

Anything else?

Sir, I'll tell you, this is just a run.

It's in you.

It just doesn't matter.

That's right.

Who have we got here?

Who's the lowest here, sir?

All right.

Uh, Colin's better than Baloo.

Well, why don't we have them call Ronald?

Let's just have, uh, have the calls made by, uh... No, no, it should be done by their office.

Yeah, yeah.

Baloo's the senior guy.

We can have him do it.

Baloo.

Yeah, Baloo and Colin.

All right.

Would you like him to do it?

No, let me just call Ronald.

Well, you better call him.

All right.

Yeah.

You got it, Mr. Baloo.

We'll have to call him.

I'd love to see those magazines.

Yeah, this is the point, so...

This thing might lose all the coverage, Tommy.

Yeah.

You know, time is...

I'm glad it's true, then, aren't you?

Scraps keep playing.

Well, don't you think I'd like to grab a magnet and use it like that?

Newsweek.

Newsweek and I don't know why it's sad today.

It's that Google page.

It says next to seriously considering some economic moves.

If he goes to a wage-price freeze, he will not announce it until late spring next year, and it will hold through the election.

If, on the other hand, he goes to some form of a stabilization board, he may announce it quite soon.

Sir, Bill Chang is just arriving in San Diego just about now.

That's right.

Who have we got here?

Who's the loser?

All right.

Colin's better than .

Well, why don't we have them call now?

Let's just have .

No, no, it should be done by their office.

Yeah.

is the senior guy.

We can have him do it.

All right.

Would you like anything more to say?

No, let me just call .

Well, you better call.

I don't know if you see those magazines.

Got it.

This is the point, so... Is there anybody in blue that's on the cover of Time?

Got it.

You know, Time is...

I'm glad it's true, then, aren't you?

This week's cover is lengthy.

Oh, I would expect that.

They'll say it's a massive stroke, but not why he had to do it.

And the President would like to call the Bipartisan Leadership meeting tomorrow morning at 10 o'clock.

And the members should be notified immediately by a phone when he gets your approval.

Why don't you make it 11 o'clock?

Excuse me, make it 11 o'clock.

11 o'clock.

10.30.

Oops.

I'm at 10.30.

I'm thinking that it's time for someone to fly in before we get in because I have to fly in at 10.30.

All right.

Let me give you the names now.

Mansfield, Scott, Griffin, and Berger.

And the Senate.

Albert, who, of course, can't come.

Bobbs, Ford, and Ahrens.

And House.

Oh, wait, who's the left in House?

And they've got to have him in there, but in case you've got to have, what's his name?

Well, maybe we can... Maybe he loved it.

Let's limit the leadership.

Let's limit the leadership to Ford and Ahrens.

No, wait a minute.

Ford and Boggs, just the two top leaders, and Mansfield and Scott.

Okay?

We've got Irvin and Byrd.

So we don't have the others.

Right.

So, hey, Mansfield and Scott in the Senate, and Boggs and Ford from the House, we've got Ahrens.

And then chairman and ranking member of banking and currency in both houses.

Appropriations, employees and meetings.

Include the whips, include the whips.

I'm starting to include the whips.

Well, he says Bert's in the hospital.

Did you know?

It's just out of the state anyway.

Go ahead.

I don't have it.

What do you mean?

No, I don't have it.

You don't have it?

You can buy it again.

Yes, I have it.

You can buy it.

Let's buy it.

So I blew the whips and then put the house thing, put together the house thing and put it in too.

And put it, put it in.

We don't care.

Yeah, I can see that there.

The president's already talked to Mills, but you're obviously calling to confirm that he's calling to me.

And, uh, so the emails from Ernst & Swann will be on the phone.

Standard appropriations.

And the banking currency notes.

That's right.

Uh, what about the, who are the ranking members of the German Economic Committee?

Who are the ranking members of the German Economic Committee?

No, no, no, no, no, no, no, no, no, no, no.

And we'll do, you know, we should try to make lanes available for everybody else.

What you have to do is find out if they need transportation and then see what we can provide on a pickup basis.

We did transportation in the U.S., not in Europe.

Okay.

I'll check with you a little bit.

Right.

I like how Burns got me to tell you.

All right.

He said that.

Somebody ought to cover this meeting.

I think I'll have to tell Connie that he did it well.

I don't want to watch it.

No, everybody can watch it.

It may go on a while.

I hope they'll just keep it wide open.

It's a funny man.

He did it well.

That means a total command.

Thanks.

He's basically an apologist for leadership qualities.

Some have got it and some haven't.

That's exactly it.

Ronnie knows probably his fucking foe.

He just comes back and gets the same.

So, well, I would be good at this later on.

And the crusher would be good at it.

He just keeps bringing it up like it never occurred to anybody.

I mean, not most of them are.

Or is he off the boat?

He got in late last night.

But can you imagine, just think of that short time, you get on a boat, and here you are, right in the inner circle of this administration, you get on a boat, you come back into port on Sunday night, and the whole world has turned 180 degrees, and you didn't know it.

It just shows you what can happen in a couple of days.

Oh.

Apologetic makes a scream.

It's just, it's just so sorry you wasn't available to be available.

which is an awful lot.

My governor shows basically that, well, he's a lightweight anyway, but he does show a total, just the way a lightweight would react when allowed to be against you.

And it couldn't be better, I think.

It couldn't be better anymore.

It shows partisanship.

It's a smart ball.

It's the best possible anti-gay you could have had.

He's small.

Well, he's considered a joke.

Nobody pays any attention to the government anyway.

It's good.

It's good that he's the leading anti-spokesman, which he is now.

He's the only guy, the only spokesman who's come out solidly against him.

And he's probably the only one who will.

Nobody else is going to be backing him.

They can't come out.

They find faults with him, but they sure as hell can't come out and force word against him.

I remember how the press used to bat your team when I was out in office.

to say, to always comment on whether I approve or disapprove of administration actions.

They've had those actions get away with murder on this.

Colson said as a person, he has people call their offices, that the pressure should be out of them, not fire.

I don't think they go after them.

Why don't they?

Do you?

I think they go after them to degrade it, and some of them are smart enough not to say anything.

You know, like they did on Muskie and Teddy after China.

He said he doesn't have a comment, or he'll have a comment if Muskie's thinking about it.

It's a hell of a lot smarter than coming out with the wrong thing.

Or coming out crazy.

I mean, it looks indecisive, but...

There was no way...

We need to tell Helen that it was terribly important to get it set right to begin with.

Making all the phone calls was a good thing.

Just give her some time.

And if it had its leadership, it would be a good thing, because if Joseph followed in Congress' right way, Helen would get the...

And we'll also get them sealed in before they get the second thoughts on having Wilbur on a positive kick that's going to have a big difference.

Have the legislation ready and all that sort of thing.

And Mike Kell, he's got to go if he can.

And that stock market is at what?

18 points in the first hour.

First hour?

On 9.5 million shares.

They'll have to close, I would assume, if they can't handle that kind of market.

At that rate, it's a 50 million share day.

We'll have a record today.

The record's 32, isn't it?

We had a, we were going to set up a pool up there as to what the market would do.

And my thing was 20, up 20 points on 35 million shares for a new record.

And that looks fairly good, unless they close the exchange.

Well, they'll start to, it'll come off some.

Yeah, it won't go up, it'll go out more than 18, I would think.

I think if they go up, we usually don't care about that.

Everybody has second thoughts.

It depends on whether it's lying there.

If it's lying there, they'll get in and just keep going.

If the funds get in, that's the big thing.

Those fund people, you know, they're so conservative that they think that they're going to miss an opportunity.

You've got some by-orders that are probably in and have... A by-order went to that market, you can be sure, and those guys are going to roll it and they're heavy.

That'll be it.

I'll be involved.

On the other hand, it could poop out.

Like that other day we had, I remember it was a big day, and the market soared up, and then by the time the day was over, it ended up off a couple of points.

But it wasn't really up that much, was it?

No, and it didn't have this kind of volume.

The more important thing, really, is the fact that these people are...

The speech came over right when I thought about it.

I think it did.

You just can't worry too much about it.

If I had to worry about it, as you said, I'd make every speech the best I ever can.

I've just got to go make speeches.

Well, I didn't need to.

I just worried too much about it.

I saw that everything had come up.

I think you were trying to put more in the inspirational type of thing in this than either was needed or was possible when you're covering that much substance.

And when you throw, Christ, you throw that kind of a load at people, they can't see through all that to the inspiration.

I think you make your press on the inspiration, but I don't think that's what you're going to get played back because the other overrode it.

Yeah, the big difference is I still listen back to it.

Like, you didn't need any inspiration on that.

You didn't use any, but during the piece.

But, you know, 300 inspiration.

Or 68 words, or whatever it was.

You know, the question is, the economy now starts to take off, some other people start to buy.

I just don't see how they can help him.

Give him all the tax money back and get those damn businesses going.

Well, they don't have the money yet, you see, Bob.

That's the parts we're not getting yet.

They've got to pass the investment tax credit.

They've got to pass the excise tax.

People have the money in their pockets, and now they're being told they're big.

They don't believe they're going to pass it.

You said we're going to have people think that's how it's going to come out.

That's right.

You know, on the investment tax track, that's why Romney's objection to that is wrong.

Giving them leeway.

Screw the goddamn leeway.

Make them put their orders down.

Make the factories go into crash production to deliver the investment materials, the machinery and all that.

That's what you want anyway.

Then they're adding more people to their payrolls.

They have to go into running around the clock and that kind of stuff.

I'm sure working 24-hour shifts in the machinery, heavy goods businesses, and add a lot of tool and die workers to the payrolls and it's all on ceremony.

The impact of that could be just fantastic.

And top that with getting the automobile people cranked up.

It's an important thing.

I want Wilbur to get equal credit on the Japanese thing.

I want Peterson to fill him in totally and say that we're not going to, that we want him to share the rights on that.

Actually, I don't know what I'm going to do there.

He should call the president.

His direction is we're working together.

I don't know that the president

but that we have to have in mind the fact that that Japanese announcement must not be made now in a belligerent way that we can put it up on there, but I guess it's all over, over a period of time.

We have the advice now, or if we can, of course, what is, we're going to negotiate now with the Japanese, and the negotiations will succeed.

I know that

All that Maury stands is probably sugar.

And if he wasn't there, it would be wrong.

It wasn't that Brown.

He's always sugar.

It's like, you know, they're all part of that.

You know, you couldn't have it.

You can't have a discussion.

It was basically even that's why he's making decisions.

But look at the dumb questions he asked.

He didn't distinguish himself much.

He wanted to know how much money was in one breakdown or something.

He didn't understand how the automobile tax thing, automobile import tax was going to work on the 6.5% because they thought it was 10%.

They're the kind of questions that you should go back and ask somebody.

If you don't ask in a meeting, they're not writing questions.

And if he didn't understand it, they're very simple questions to get asked, and they're not germane.

That's right.

He doesn't really have the big, the comprehension of the big play about this point.

And he would bring it to the others.

They're all living their own little lives.

Rogers does.

He sees the big play.

Packard didn't, actually.

Mitchell understood it.

He always introduced it.

Don't respond to it.

It's too bad in a way, but you can't plan.

attendance at those things where they're working sessions on the basis that we'd like to be there.

You've got to have the people you need and only the people you need.

We had the people we needed.

We had four people from the fire.

We had two or three staff people there.

The sign was important.

The builder was important.

And the library was important.

That was all we needed.

And you're going to call your lawyers.

They had to have all the legal technique out.

And we did it much better.

And you realize it was not much better.

If you had had wrong, even the boarders did that, you could have done it all.

Right?

You couldn't have done it.

You just would have bogged down.

And you would have been running around, pulling and tugging at the fringes.

The markets have gone up 18 points in one hour.

That's a hell of a chunk.

First half hour it was up 8 points or 9 points.

And 3 million shares in the first half hour.

So it was accelerated in the second half hour.

People were waiting to see what happened.

This morning, it's hard to get things going.

You know, the people who are just coming in from .

No, because, see, we put Pat back on the other speech.

You'll have it as well.

Well, we had the other speech.

Not on the morning.

Tuesday morning.

On the legion.

Legion, yeah.

Do we have any cameras, please?

Uh, ready?

Yes, please.

Uh, step out on the middle of the section.

The middle of the section.

I've got to have...

I've got to... See, with this legislative meeting, I won't have any time to work.

I'm going to step out at the end of the meeting.

I'm going to have to have it at 7 o'clock tonight.

All right.

Mark, it's falling off now.

Stuck by 12 million, that would be two hours.

Volumes 15 million of 24.

And the motor stocks have no...

They're probably holding.

Oh yeah, the floor carriers.

Why would they do that, Bill?

I want to talk to you about it.

Well, no, because they probably want to, they've got to start out the buys.

They've probably got, you know, on that basis, they've probably got 20 million shares of orders of motor stocks.

Oh, is that right?

And the traders have got to sit there and figure out, they may not have any sales.

They may not have any sellers.

Of course.

Who the hell would sell a motor stock today?

Who the hell would sell it?

That's right.

That's what it is.

And that's what they get into it, when they get into it over and over.

They just suspend people.

People who sell the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the, the,

And so you had, you opened with probably billions of dollars of orders.

It's still going up then.

Hell yes.

24 points.

It was only up 18 on the first hour.

Two hours.

How much are your orders?

15 million.

14 and a half million.

On two hours.

It's got three more hours to go.

Is that a record?

Unless they close it.

They may have to close it.

They may get hung up.

It's a wild day.

I wish that I could go out to New York and drop by the market.

But you can't.

How?

You're going to New York tomorrow.

Drop by.

Just go up early.

Would it be, or drop by after your breakfast with Rockefeller, drop by Wednesday morning if it's still rocketing along?

Well, it won't be longer than that.

Well, I was thinking of going up, uh, maybe going by the, by the law firm and basically, you know, be a sort of stop and buy.

Money would send them all over and see the market and just step up there.

But they closed, closed at 3.

I know, I know, but...

But they'll all be on the floor trying to untangle it, because tomorrow will be a big day, too.

No, I should be there.

But we think that at 10, 30, 12 will be quite good.

Tomorrow?

Yeah.

Then just sit around New York until afternoon.

Well, we're back on stage.

Sure, I just said we're back here.

Go up to the closing tomorrow.

Right.

What time's the market close?

3 or 8.30?

3 o'clock that time.

True.

Right.

No, 3.30.

Good.

I don't know.

They've been fooling around with the closing.

We'll find out.

We should get out there.

We didn't finish this meeting at 12.30.

We might be out at 1.30.

We got there at 2.

We landed the Wall Street elephant.

Just go right into the exchange.

Go over there.

Why don't you come by and see how it's being done?

And you did it.

I mean, they could call you and say you ought to come up and watch it.

Look at what you did.

I don't think it is.

My confidence is that this economy is damn strong.

You know what I mean?

What I mean is there's a lot of purchasing power and a lot of stuff out there.

and a lot of potential confidence.

And I think the confidence has been eroded by this.

We've often said, well, yeah, but that's immediate.

Now, it seems to me that this is the thing.

This is going to make it tough for the media, you know.

Oh, they'll mind when I piss on it.

But they're going to take a few days, isn't it?

And with their numbers and this and that.

But nobody's going to pay a hell of a lot of important attention now to the CVI for this month.

This action was stated before, you see.

See, the CDI director will be for a month and it's not covered.

So I say, well, that was fine.

I know it doesn't pay much attention to the unemployment figure for next month because they know the action.

No matter how bad they are, we can just shrug and say, well, that's why we took the action.

So we're in a position now, retail, sales, whatever it is, we're in a position to say, well, great.

Sir?

You don't know, because they could have had so much buy order stuff piled up that it could just keep on going up.

See, still got 20 points to go to 900.

Yeah, it could go to 30 today.

What's the biggest game, 26?

It was thirty-two.

It wasn't thirty-two, was it?

It wasn't thirty-two.

It was thirty-two.

It was thirty

And did you hear the report on Annenberg?

Annenberg called early in the middle of the night, which would be, you know, review the middle of the night for him, to say that he had had dinner or something with Justin Dart and Glenn Firestone.

I think.

Well, maybe he was on a list.

Maybe he was out west.

Maybe he was calling you out there.

I'll bet that's it.

He's out at Palm Springs.

He wouldn't be at Palm Springs now.

Well, anyway, he was with Dart and Farson.

And Dart has really turned off on us.

He's been very, very negative.

And Dart had written a letter to you that was apparently very, very bitter and bad and kicking you around and everything.

And they discussed this at the dinner in Firestone, and Annenberg had been saying, don't send that letter.

You shouldn't do that.

And they finally talked him into sending it to me or to John Rowland, rather than to you, because he's an emotional jerk.

But anyway, Annenberg said, look, Josh, he said, just sit tight.

Because in the next few weeks, I just have a feeling, I just have a feeling in the next few weeks, the president's going to make some moves, and that you're going to have a feeling that he's doing just the right thing.

And Hamburg was just ecstatic last night, because right after that, he said, God, you've made me a prophet in my own time.

And he started to think, I really know what's going on.

And I was so, I said, right, I've never heard about it.

Because right after that, On You came.

It may have been the night before or something.

But anyway, he was...

Well, it was very exciting.

I think there's a lot of that.

These guys believe the media.

You know how weak the businessmen are.

They don't pay any attention to their own statistics.

They look at what they read in the papers here on television.

And I think that's just what we've been saying.

And we know each one of them knows his own business is good, but he reads that everybody else's is bad.

Yeah, those are cracking points.

A business is better than something about business.

Yeah.

So they've all said you gotta do something.

They didn't know what to do, and it didn't really matter to them whether you did it, except they just thought you gotta do something.

So you did.

If you look at this only as a psychological move, forget about the substance, it could be just, if everything was right, which our people felt it was, basically, except that we just couldn't quite kick over the edge there, this sure may have done it.

And then if you release, this is like kind of breaking a dam, you've released everything that's been pent up back here, it can just float for quite a while.

I kind of feel the same.

There's a dam, and there's a lot of, I mean, I'm pretty sure there's a lot of steam in the boiler or something.

While Milton on the merits doesn't like what you did.

he may still be wrong from the psychological viewpoint that you had to do something to kick this oak out.

The other thing about the freedom of the environment, look, we had a, and he probably said there was a political problem.

The political problem being that regardless of what we, that we had a situation where they, that the Congress was going to act.

and impose permanent wage and price controls.

That was the next move.

And I had to beat it to the punch and do something that was not that bad.

That's a hell of a good argument for freedom of speech.

That's absolutely correct.

You know, they're all 12 Republicans.

The Democratic leadership, they were going to introduce it in September the 8th.

We had to beat them to the punch on this and do something that would be less damaging to the economy than that.

And somebody would be on the phone.

You might ask, George, that's my frank judgment.

I don't like this any better than he does, but we've got to beat them to the punch.

John McCartney, who provided a hundred copies of Arthur Shenfield's The Roots of American Discontent, which you had requested, is in the lobby waiting to see Rose.

She thought you might want to have him come in for a handshake.

Oh.

You know, I have a very good speech.

Oh, you see, this is the president, Rockford Cotton.

I'll forget him.

I'll just have her.

He's just lettering the books.

I don't like his hand.

Tell Steve to come in.

Tell him.

Rose?

Uh, Mr. Connery had the books and everything.

Oh, yeah.

Yeah, yeah, well, you bring him in, and I'm working here on setting up the legislative leaders.

You can bring him in, and I'll just shake his hand.

And, yeah, yeah, yeah, fine.

Bye.

Yeah, bye.

And this is the speech, you know, he says, included as recommended in the .

This is the touch of a in the night.

That's the .

The Shepard-Rockford format of setting up the myths lies about the U.S. and then knocking them down.

Good Catholic, great American, Vince Lombardi mentioned economics as per late suggestion, Catholic schools, religious education.

Added also is a little economic nationalism, which is a peddle the president was touching on Sunday night.

That old Republican standby so we love of America first years.

But in seriousness, American nationalism is a theme that has not been played in the post-war years, and there are always those

Another thought that I would like, no thank you, that I'd like to get somebody to do over there, and I can't tell Christ, for my family department in Columbus, I'd like to do something on Disney.

What a knight is.

He was a man.

He was a defender.

He was a man of character, et cetera.

The qualities of a knight.

Somebody who was knighted.

I haven't heard about it.

Somebody can get through.

I forgot, but I remember reading it years ago.

Good idea.

Strike the personal strength.

Elevate the guy a little bit.

Oh, he's probably over there.

How many?

Former governors of Texas are on all three television networks live at once.

Yeah, I guess you're right.

As in all, as the, frankly, the architect of this big, you know, policy, people are chipping and so forth.

He's looking good.

You're not working any hardship on him.

When you look at the match of the two men, the vice president sitting next to Conley there today, Conley's command and all that, and the vice president with this sort of heavy little petulant question that didn't really fit.

He doesn't have it.

That's the problem.

We've just been around this track and, uh,

Yeah, we did it.

We did.

You may remember on the media.

You knew that wasn't his idea, of course.

That's right.

Buchanan.

Remember, I was talking to Buchanan.

I said, I get these questions.

Buchanan had a kind of...

I know.

He wrote a speech.

So he sort of planned it.

He's giving you 1,300 words with indicated cuts to 1,000 if you want.

Oh, 1,300 is fine.

I just saved myself a little bit on this trip.

I really don't think I should put out too much right now.

as America has heard at length from those who detest or disparage this land of ours.

It's time those of us who love America as she is demand an equal time.

Okay.

He opens with a New Testament parable.

Do you have a copy of the book, Rose?

Yes.

Why don't you bring one of that in?

Well, we, uh...

Uh, we were, I was so impressed with your, uh, well, it doesn't matter that you're riding a camera, but, uh, particularly the way you tore it, that's, you know, I got, I got, I got, I got, I got, I got, I got, I got, I got, I got, you know, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I, I,

I was going to say there's a lot of Xeroxing.

I've always been Xeroxing that for many days.

It's a pretty terrible thing that some people in the world have to say.

But the fact of the matter is that I've been so many years looking at it.

When you, uh, did you, uh, how do you want people to react to this?

They must react.

Oh, people's not going to react to it.

They will.

You see, it doesn't mean everything.

I know, I know.

But you're saying things that people need to hear.

I hope so, yes.

Here's a little bit of my love for your people.

Ha, ha, ha, ha, ha.

But, after all, we in Europe have a direct interest in this program to us.

We're all in it together.

Yes.

Let me talk to you about the issues you've been about.

The whole business, you know, the air, the power, the central programs, flying all that.

I have pointed out on several occasions, actually, that we didn't ask for this position.

And frankly, we don't take particularly any trade initiative in having it.

as a result of the great tragedy of World War II.

The only Asian nation that could be the defender of freedom in Japan is...

I'm not capable of doing it.

Europe, together, might, but it will never be together.

The Germans, who could do it, are denied it.

The British can't do it, the French can't do it, the Italians can't do it, either, so we are together.

So, here it all is.

And so, we, together with them, can...

So what we have to do is to maintain the...

Certainly the strength, also confidence.

Confidence, sense of destiny, sense of leadership.

Don't you have any money?

I don't have any money.

Well, I'll stretch.

Let me give you a perfect sandwich of visitors.

Do you want to have it?

It doesn't seal, and it doesn't get up your scissors.

I'm going to have to do a sequel to that.

Great, great.

You are going to have to get it out.

As a lecturer, write more in the 80s.

Something to do with it.

Right.

Yes.

Good.

Wow.

Appreciate it.

Thank you.

I think I'll let you know what kind of song it is.

Well, here it is.

Tommy's still on?

He is?

How's he doing?

He's curving above my head.

Yeah.

Tommy's still on.

Ron is watching him.

They're gonna essentially go right.

It's so interesting how the world changes.

It's such a fascinating thing, isn't it?

The power you've got to change it.

It was taken after some time.

I'm very relaxed about that situation.

But he can't be now.

We're going to make the Russian announcement.

I mean, where the hell is Vietnam?

These sons of bitches are having a hell of a time, aren't they?

You know, you were hungry.

All he can say is, instead of winding down this waterway, why would you want to hand it?

Oh, not the tracksuits.

Why the hell would he say that in 68?

I wish our guys would pound them harder than that.

I know a bit of that.

That's just fine, except when it's not there, how can they keep harping on it?

When it's not there.

Part of your opposition is sitting in a meeting this morning trying to figure out what we can do now to screw things up.

I'm not sure what I did.

The poor, the black.

The young is tough, because they know the young is going to be turned on by both foreign policy and leadership.

They ought to say it anyway, though, to try and psych them out.

The young and the black, and maybe the cities.

He's turned his back on these great issues.

His only issue is in order to take business.

He's just working for big business.

Well, okay, that's not a line that seems neat, does it?

Is it too bad a line to draw?

You're concerned about the young, the black, and the poor, and you're doing what you can, but you're not going to give the whole bundle away to them.

And if the young black, all you need is to have the old white and not-so-poor feel that you care enough about the young black and poor to be doing what needs to be done, you ought to be in a pretty good position on that.

The welfare reform kick is a bad twist.

That isn't going to hold up.

What the hell if you proposed it a year and a half ago?

No, I proposed it two years ago.

Two years ago.

And they didn't litter on it for two years.

Now all you've done is just face the reality that they're gonna diddler on it another year, so you might as well... That line should be made.

I proposed this two years ago.

Congress has delayed it for two years, and that delay makes it necessary to delay it by a year.

The blame is on the Congress, not on us.

We've got a bad shot of trying to hate on that.

Do you want him to hit that for us?

Yeah, just that he could be called and also be told that H.E.W., I think earlier, should call.

H.E.W.

just said they couldn't hear any channels and just say we're still pushing for him.

They've delayed it for two years.

It's impressive.

You can't get it in place.

I hope never to get it replaced.

You're going to have to tell him.

Make a trip to get it past the election, then he can sign it and go back.

Go back?

At least get a study welfare roll.

He buys it, just get the welfare rolls.

Put in some stiff work requirements for what's left.

They've got to disagree that basically these people who've got the well-versed on color, these Negro, frankly, it's, you know, did you well on this, this military Negro kid.

Probably 75% of the problem, I think, is sad to have a problem with public charge.

We encourage it by going on and on, and basically,

encouraged.

They have so many other kids.

That's the other side.

Yeah, matter of fact, I should do pretty good because he knows that.

Well, he made his recommendation.

You know, it's good.

I carried it out, put it over the directions of

both Parker Burns on the money side, and Gerald Schultz on the wage price side, which he knows has got an arm.

And he knows, too, that when he came back and we changed the timing from September 8th until now, that he came back and recommended that I go through a very, very tough night, because he knows I've got other things to do, too.

But he's done too great, done all right.

Well, Nick did go well over the weekend.

It was a good operation.

He had a chance to run enough of it.

You know, he likes to run runs.

We know that in his lead in running, in a very different way, Schultz, Schultz runs things on.

He's buttoned down.

He goes, now you do this, you do this, you do this.

And we'll keep building Schultz.

He's doing fine.

It's more that he runs on for his trip.

He can be a car all day long if he wants to.

Now he's got to try to do some of the big work.

And he will.

I think you'll find Arthur will do everything he can publicly and privately to make a code.

Now, I think he got himself on that anti-wicked and kept, you know, kind of getting himself out further and further.

Inevitably, much of those Jaws, you know, Jaws.

Yep.

Three would have got him, or two would have got him.

Yes.

I think it was right.

And I don't think it created any crisis.

No.

I don't think it created a crisis.

It created it, but we had to do it quicker.

I'm not going to lie to you.

But as it is, you could portable on horse people to work and you can get stuff done in 48 hours in 72.

Well, what's really good is doing it now instead of September 7th.

What's that?

What's really good is having done it now instead of September 7th.

Because you would have had Schultz and Conley out there to discuss it next week.

And you would have had to agonize around and think about it.

What time is the State Department briefing?

3 o'clock.

I think it's a good time to show your face.

Yeah.

Yes, it is.

See, they had a series of observant .

put those together and started releasing the powder and got the agency heads and the sub-cabinet guys and some of our key White House people.

It, uh, if all they're doing, it may be a very good test for you, but I think you ought to leave.

You ought not to go to Texas.

No, I'm not going to do that for you.

Or are they all going to be there?

There's Daryl, Connelly, Arthur, Schultz, and McCartney.

Yes.

Yeah, of course.

I'm not going to press it.

It's 30 minutes already.

I'm just going to...

Is he still on?

Showing sign of closing.

Where are they?

Where is he?

He's in the trailer.

Should another guy go on the air if you want?

Mark's quit in 45 minutes.

Even on this one.

Especially when you're on the air.

Spent us up.

Like in our meeting here yesterday, they started going, and I finally, because Tommy had asked me to open the meeting so that he could step up and not be convenient.

So I did.

Went on for a while, and they were starting to get into the, you know, well, what do you do about carrots if lettuce goes up?

I'm trying to send it, and it got cut off.

So I said, the specific questions we can cover later.

You've got the general feel of it, and it was cut off, and it kept going on a couple more, and

You stepped in again.

I didn't appreciate that.

Absolutely.

It deteriorates at a certain point.

Well, it deteriorates when you get in there.

You get in there, of course, and you say, is it the wrong thing?

I'm sorry.

Don't be.

I can see it.

I can't get a call in there.

I don't think he is.

Compared to the other way of gardening in the United States, you'd be wearing a halo on a sackcloth.

You think I can say that?

Why not?

No.

No, I guess you can't.

They just did it really weird.

Why in the United States should you wear a halo?

We've got troops from America this weekend.

We're so wealthy, we can support a whole class of North Koreans.

Let's kill the bus at Belly Acres in Monterey.

That's not bad.

Belly Acres.

Oh, Christ, what is the matter?

It's quite...

It's...

Excuse me, Canada 6.

In the office, what I can do is...

I have a copy of the letter to preach to you.

Okay, getting back to the president, the McLaughlin speech draft, the original one from the Knights of Columbus.

launched a war against Western society.

Well, I'm going to call on him to correct me if I'm being rude.

Well, if it's a confrontation, I think it's extremely wrong, Senator.

Well, I'm going to call on him to correct me if I'm being rude.

Well, if it's a confrontation, I think it's extremely wrong, Senator.

He predicted that the wage price freeze in the package that he announced would bring a period of stability and inflation under control.

He said this was the most sweeping, significant and courageous proposal made in the country in the past 20 years.

He discussed the effects this would have internationally and internationally.

He announced the bipartisan leadership meeting

Those two at the outset.

He hit the point that you were opposed to government controls on the economy, that you have long felt and you still feel that the vitality of this country is the free system, the spirit of the system, and that we are not trying to – you are not trying to supplant it.

He was asked why now, and he made the point that there has been extensive discussion over the past months on these things, but he refused as president to take a single step and insisted on a comprehensive step.

But as he said on Meet the Press, any president who's bold enough to bring off, as he said, the China initiative, is bold enough to move domestically in these areas.

And he said he did that.

They pressed him a little bit on his statements, you see, but.

He said, look, the American people would think they had a dote as president of the United States if the president of the United States announced a policy and never assessed it, reviewed it, or moved to different or new policies.

He said, the American people expect a president to accept the realities of the moment.

He said, the realities three months ago are different than the realities of today, the realities of tomorrow.

Yeah, did well.

He said, I said four things to you when I was there in June of 27.

He said, I said there wouldn't be wage and price controls or wage and price boards.

There is no wage and price board or wage and price controls or wage and price boards.

He went through them.

He said, now, I did say something about taxes, and I'll eat those words.

He said, but I've got a lot fewer words to eat than a lot of other people.

When I said my assessment is it was a good confrontation that people like to see.

A lot of them don't understand what they're talking about, you know.

But the press took them on.

As you know, you can perform in a second.

I know it was a good confrontation.

That's what people want to see, that you just came to apply for it.

And I'm glad that you repeated that talk about eating words.

That's a certain thing that people, that any president who didn't do something would be a dole and so forth.

But how do you feel about it?

How do you feel?

You, you.

Yeah.

Wow.

Oh.

Don't.

Everyone.

And you know, we don't need to be concerned on the timing that we had to have been at that state, but with regard to

the full-time amp assessment.

Yeah.

Oh.

Oh, yeah.

Well, you know that if you monitor any kind of state department direction,

You're going over to the spare car.

That's for you.

Yeah.

And you do the wrap.

And I'll do the opening, and you do the wrap.

In fact, I'll do the opening, and then I'll call you to take over, and then you call the others.

Or, okay, listen.

All right.

Well, I'll be over there so you can sit down and get a little look off every tree.

All right.

He's going to be here, too.

He's supposed to be here all the time.

He also made the point about the devaluation of the dollar, in other words, stability, and addressed himself to heat.

He was asked a question.

He said, I don't think a lot of people are going to worry about the devaluation of the dollar now.

I haven't seen a lot.

He was asked a question.

Mr. Secretary, one of the newsmen I didn't know, he says, what about a poor student who's over in Europe on $5 a day?

And the Secretary said, well, it might be worth $6.

Huh?

He said what?

He said, well, it might be worth six.

One hundred, the next price.

He's done good with stuff like that.

Yeah, he is.

Well, that's not what I'm here for.

Jackass is your winner.

I mean, there are a lot of things.

This is going to change a lot.

It's not about it.

This is going to make that much difference.

Listen, those foreign countries will find ways to live in the middle of it.

So he went on about the period.

He said, what do you think that other countries will feel?

He said, there's no question about the fact that the Russian part of the world understands totally the role of this country in the world.

It's a military shield.

It provides a nuclear shield.

He said, this tells them exactly where this country stands.

It provides leadership as to where we're going.

It tells us how we're going to deal with the world in a competitive way.

So you have a reference to that.

It's headlines you read in the London paper.

Yeah.

It's from the United States, for some reason.

And he isn't there.

He's down somewhere.

What the headlines is, the U.S. gets tough.

I'm just curious.

See, he says, here, President, the Secretary of Treasury said today he does not consider President Nixon's assumption of the dollar convertibility a devaluation of the dollar.

In my judgment, the dollar is going to rise in decent, decent currencies in the world and will climb decent in the other currencies in the world.

It's 33.

It's 33 at all times.

32 is the last out of four.

That's not close.

We've still got two.

We've got 28.

Get in the back.

It's 33.

What are you doing?

Oh, there they come.

Good.

Do you get any of them talking about the evaluation as a problem?

No.

Everybody's just happy.

See, that's what they look at.

You're not analyzing the content so much.

It's just the overall thing.

You know, that means that you have a new content.

You get through that.

Find out really who you get through that old brick and wood thing and the new international monetary thing.

Well, you know, every wire report, for example, I can be conservative and waste your time, but for example, in the AP league, it says, it says, I'm predicting today that Chris Pritchard is going to play for the blockbuster pack of other economic people.

Well, that's just in the league.

You know, the guys see that, right?

They all say it.