Nixon White House Tapes › Topic
Nixon Tapes on International Monetary Fund
18 conversations · frequently with Nixon, Haldeman, Bull, Connally
President Nixon and Treasury Secretary John Connally met to strategize on the administration's upcoming economic initiatives, specifically regarding Phase II policies, the import surcharge, and the U.S. stance ahead of an International Monetary Fund (IMF) meeting. They discussed the necessity of maintaining a firm, unilateral negotiating position to counter foreign criticism and protect American economic interests, while also coordinating the timing of public announcements to maximize political control. Additionally, Nixon consulted with his staff on personnel matters, including the future of Robert McNamara at the World Bank, a campaign contribution from Armand Hammer, and the appointment of Romana A. Banuelos as Treasurer of the United States.
President Nixon and Henry Kissinger met to discuss urgent foreign policy and domestic administrative matters, focusing primarily on the status of ongoing diplomatic initiatives with the People's Republic of China (PRC) and upcoming economic policy announcements. Kissinger provided updates on the internal power dynamics within the Chinese leadership and coordination regarding the President's planned trip. Additionally, they reviewed talking points for an economic statement—involving coordination with Treasury Secretary John Connally and Arthur Burns—and strategized on how to leverage Kissinger’s public profile for future political and academic engagements.
President Nixon, Vice President Agnew, and members of his Cabinet met to coordinate a unified administration strategy ahead of critical International Monetary Fund (IMF) meetings and ongoing global trade negotiations. The discussion emphasized the necessity of maintaining the recently imposed 10% import surcharge and a firm bargaining stance to address the nation's economic balance of payments and reshape the international monetary system. Nixon and his advisors agreed that while foreign partners would likely criticize U.S. policy, maintaining domestic political support and correcting long-standing trade imbalances remained the administration's primary objective.
President Nixon met with John B. Connally and Arthur F. Burns to establish a unified administration strategy for upcoming international economic negotiations. The President decided to avoid a formal speech to the International Monetary Fund, tasking Connally with presenting the administration's position while he focused on informal outreach to foreign delegates. They discussed the tactical use of the U.S. import surcharge, the potential for a transitional currency float, and the need to de-emphasize gold prices to maintain a firm negotiating stance against European and Japanese interests.
President Nixon met with Treasury Secretary John Connally, Federal Reserve Chairman Arthur Burns, and IMF Managing Director Pierre-Paul Schweitzer to discuss the evolving international economic landscape and the U.S. role within it. The discussion centered on balancing U.S. domestic economic policies, such as the 'Phase II' measures and import surcharges, with the need to maintain global leadership and monetary stability. The participants addressed the political and economic challenges of transitioning from the post-World War II order to a new system that accounts for the rising influence of nations like Japan and West Germany, while emphasizing the importance of cooperation and burden-sharing in international monetary affairs.
President Nixon and H. R. Haldeman met to discuss logistical preparations and publicity strategies for upcoming international trips, specifically focusing on Henry Kissinger’s mission to the People’s Republic of China and the President’s own travel to the USSR. The conversation addressed the selection of accompanying personnel, the management of press coverage, and the development of briefing materials to ensure effective decision-making during summit meetings. Additionally, the two discussed administrative protocols for an upcoming International Monetary Fund (IMF) reception, including the ranking of attendees like Arthur F. Burns and John B. Connally.
President Nixon and Henry Kissinger met to coordinate strategy for an upcoming diplomatic engagement with Soviet Foreign Minister Andrei Gromyko. Their discussion focused on critical agenda items including Soviet missile production and the ratification of the Berlin Agreement. Following this, the President and H. R. Haldeman briefly addressed logistical arrangements for Nixon's schedule, specifically regarding the logistics of the meeting with Gromyko and an upcoming International Monetary Fund reception involving John B. Connally.
President Nixon and H.R. Haldeman discuss adjustments to the President's upcoming schedule, specifically prioritizing a meeting with Secretary of State William P. Rogers while canceling peripheral events like a podium setup. The conversation touches on economic strategy regarding the IMF and the administration's stance on international lending. Nixon and Haldeman also express frustration over Rogers' concerns regarding Henry Kissinger’s upcoming trip to the People's Republic of China, dismissing Rogers' apprehension about the potential publicity and its impact on United Nations voting.
President Nixon and Secretary of State William P. Rogers discuss the implications of recent international voting, specifically focusing on the lack of alignment between the United States and various foreign nations within multilateral organizations like the United Nations and the World Bank. The pair expresses frustration regarding the lack of U.S. control over international financial institutions and suggests a strategic shift toward rewarding nations that support American interests while potentially withholding aid from those that do not. They conclude by acknowledging the political difficulty of these setbacks, particularly regarding domestic support, and emphasize a need to reevaluate foreign policy priorities to better serve American objectives.
President Nixon and Charles Colson reviewed the success of John Connally's recent international monetary negotiations and discussed strategies to effectively communicate these economic achievements to the public. They analyzed the current political landscape, including favorable shifts in media coverage and the limitations of critical press reports regarding the administration's economic and war policies. Additionally, the conversation touched upon the administration's ongoing efforts to influence Federal Reserve Chairman Arthur Burns to loosen the money supply to stimulate economic growth heading into the 1972 election cycle.
President Nixon met with Pierre Rinfret, Charles Colson, and John Connally to strategize on economic messaging and political maneuvering regarding the upcoming International Monetary Fund meeting and the credibility of Sargent Shriver. The participants discussed framing international trade partners as fierce competitors to appeal to American laborers and business interests. Additionally, Nixon and Connally explored ways to undermine Shriver's credibility by investigating past Vietnam negotiations from the Johnson administration and potentially eliciting public statements from former officials to counter his criticisms.
President Nixon met with H.R. Haldeman, John Connally, and other staff members to discuss political messaging and administrative strategy ahead of the 1972 election. The group coordinated the President's upcoming speech to the International Monetary Fund and formulated a specific rebuttal to George McGovern's tax proposals by emphasizing the administration's own record of tax relief. Additionally, the President discussed potentially recruiting Eugene McCarthy for a federal role and reviewed the political benefits of ongoing Soviet and Japanese grain and trade deals.
President Nixon met with George Shultz, John Ehrlichman, and others to discuss international economic policy ahead of an upcoming International Monetary Fund (IMF) meeting. Shultz presented a systematic plan for currency convertibility and reserve management, which Nixon approved for use in his upcoming IMF address. The conversation also covered the potential for wage and price control adjustments following the 1972 election and finalized the decision to provide Secret Service protection for Senator Edward M. Kennedy based on specific threats.
President Nixon met with Alexander P. Butterfield to coordinate upcoming scheduling priorities and media appearances. The discussion centered on recording a film clip for Reverend Leon Sullivan’s minority-focused television program and managing the President’s travel and workload, including a firm directive to clear his schedule of substantive meetings to prepare for IMF and other public appearances. Additionally, the pair briefly touched on administrative matters, including potential meetings with economist Milton Friedman and chess champion Bobby Fischer.
President Nixon and H. R. Haldeman met briefly to discuss the aftermath of the President's recent speech before the International Monetary Fund. The two men coordinated on strategies to manage public reception, specifically referencing the role of Treasury Secretary George P. Shultz and the influence of the New York Times. The discussion focused on maintaining a controlled pace regarding upcoming policy announcements to ensure favorable media coverage.
President Nixon and H.R. Haldeman reviewed congressional strategy regarding a potential tie vote on an 'end the war' bill, speculating on the role of Vice President Agnew in breaking a deadlock. The discussion transitioned to the President's upcoming speech at the International Monetary Fund meeting, where they criticized the influence of Henry Kissinger and the establishment media, particularly journalist Marvin Kalb. Following Stephen Bull's entry, the group finalized scheduling details for meetings with labor leaders and a photo session with the British Ambassador.
President Nixon met with Alexander Butterfield and Stephen Bull to coordinate logistics for several upcoming diplomatic and official engagements, including a visit with Sir Alexander Douglas-Home and a trip to Atlanta. The discussion also addressed scheduling requests from Arthur Burns, specifically concerning a follow-up conversation regarding Nixon's recent speech to the International Monetary Fund. The participants evaluated the timing of these various meetings and the availability of key staff members like Peter Flanigan to manage related administrative details.
President Nixon met with George Shultz, John Ehrlichman, and others to discuss various administrative and economic policy challenges, including the status of an industrial commission and potential adjustments to farm subsidy programs. The conversation emphasized a desire for proactive political positioning on upcoming legislative issues rather than reactive policymaking. Additionally, the group reviewed personnel matters, specifically the resignation of Henry Kearns and the potential reappointment of Pierre-Paul Schweitzer at the IMF.