Conversation: 624-020
Prev: 624-019 Next: 624-021Start Date: Wednesday, November 24, 1971 4:46 PM
End Date: Wednesday, November 24, 1971 5:27 PM
Participants:
Nixon, Richard M. (President); Connally, John B.; Burns, Arthur F.; White House photographer; White House operator; [Unknown person(s)]Recording Device: Oval Office
Full Tape Conversation Start Time: 03:15:38
Full Tape Conversation End Time: 03:54:09
NARA Description:
On November 24, 1971, President Richard M. Nixon, John B. Connally, Arthur F. Burns, White House photographer, White House operator, and unknown person(s) met in the Oval Office of the White House from 11:46 am to 12:27 pm. The Oval Office taping system captured this recording, which is known as Conversation 624-020 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 624-20
Date: November 24, 1971
Time: 11:46 am - 12:27 pm
Location: Oval Office
The President met with John B. Connally and Arthur F. Burns; the White House photographer
was present at the beginning of the meeting.
Greetings
The White House operator talked with the President at 11:46 am.
[Conversation No. 624-20A]
[See Conversation No. 15-137]
[End of telephone conversation]
The President's schedule
-Previous meeting
Seating arrangements
-Motion picture coverage of meeting
The President's previous speech to American Federation of Labor-Congress of Industrial
Organizations [AFL-CIO] convention
-Press coverage
-The President's demeanor
-Jews
-Political preferences
-Conversations with Burns
-George Meany
-The President's previous speech to AFL-CIO convention
-Meany
-Oath of office
-Burns’s view
31
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 624-20 (cont.)
The President's schedule
-Luncheon meeting
-Burns, Henry A. Kissinger, George P. Shultz and Connally
-Peter G. Peterson
-Forthcoming foreign visits and visitors
-Georges J.R. Pompidou
-Timing
-Forthcoming meeting with Willy Brandt
-Emilio Garrastazu Medici
-Pompidou
-Edward R.G. Heath
-Brandt
-The President's forthcoming trips to People's Republic of China [PRC] and
Soviet Union
-International monetary situation
-Finance ministers
-Connally and William P. Rogers
-Purpose of meetings
-Finance ministers
-The President's forthcoming trips to PRC and Soviet Union
-Kissinger’s view
-Valery Giscard D'estaing
-Anthony P. Lysberg, Lord Barber
-Heath
-Karl Schiller
- Brandt
-Timing of announcements
-Japan
-Connally’s previous meeting
International monetary situation
-Forthcoming meeting of the Group of Ten
-Gold
-Price
-Convertibility
-Forthcoming luncheon
-Kissinger's views
-Previous meeting between Connally and Burns
32
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 624-20 (cont.)
Herbert Stein
-Role with administration
-Heath
The President's visit to Washington Redskins practice session
-Joe Garagiola
-Comments regarding visit
International monetary situation
-Currency realignment
-Import surcharge
-Currency realignment
-Public relations
-Negotiation strategy
-Currency realignment
-Gold
-Connally’s view
-France
-International Monetary Fund's [IMF] possible action
-Special Drawing Rights [SDRs]
-European Economic Community [EEC]'s possible action
-Connally's forthcoming meeting in Rome
-Burns’s view
-IMF
-Congress
-Congress
-Convertibility
-IMF reserve assets
-Burns’s view
-Currency realignment
-Malaysia
-IMF
-SDRs
-Importance
-The Presidents view
-Political benefits
-Agriculture
-West Germany
-Offsets
-Trade
-Offsets
33
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 624-20 (cont.)
-Kissinger's views
-Japan
-Offsets
-Connally’s view
-Burden-sharing
-Timing of negotiations
-Negotiation strategy
-Stock Market
-Connally's forthcoming meeting in Rome
-The President's forthcoming meetings
-Announcements
-The President's meeting with Connally and Burns
-Statement to press
-Forthcoming meetings with leaders
An unknown man entered at an unknown time after 11:46 am.
The President's schedule
-Rogers
The unknown man left at an unknown time before 12:27 pm.
National economy
-Money supply
-Burns's efforts
-Peter M. Flanigan's calls to Wall Street bankers
-Letter writing campaign
-Burns's promises
-Stock market
-Margin requirements
-Federal Reserve Board meeting
-Ronald L. Ziegler's statement
-Possible effect
-Possible alternative statements
Federal Reserve Board [FRB]
-Independence
34
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 624-20 (cont.)
The President's schedule
-Rogers
-Burns and Connally
Burns and Connally left at 12:27 pm.