269–21

Conversation No. 269-21

Date: August 3, 1971
Time: 10:34 am - 12:00 pm
Location: Executive Office Building

The President talked with George P. Shultz.

Busing
-Administration action
-Department of Health, Education, and Welfare [HEW]
-Regional office action
-White House statement on discipline and removal
-Plan
-White House statement on President’s disapproval
-Regional office
-Plan
-President’s disapproval
-Wording
-Regional office in Austin
-White House statement
-Direction

Henry A. Kissinger entered at 10:36 am.

-Shultz’s planned trip to Austin
-Shultz's father
-Proposed amendment
-[Emergency aid program]
-Possible veto
-President’s view
-Shultz's trip

[End of telephone conversation]

Busing
-Liberals
 15

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


[The President talked with John D. Ehrlichman at an unknown time between 10:40 am and 10:47
am]

[Conversation No. 269-21A]

Busing
-President's conversation with Shultz
-Proposed amendment
-Legislation
-President's possible veto
-HEW regional office
-Austin trip

Ehrlichman’s forthcoming press conference
-Railroad strike
-Family Assistance Plan
-Revenue sharing
-Congressional recess
-Timing
-Possible special session

President's instructions concerning Shultz

[End of telephone conversation]

Liberals

[An unknown person [Alexander P. Butterfield?] entered at an unknown time between 10:40 am
and 10:47 am]

President’s signature

[The unknown person [Butterfield?] left at an unknown time between 10:40 am and 10:47 am]

President's forthcoming press conference

-Possible foreign policy questions
-Pakistan
-People's Republic of China [PRC]
-United Nations [UN] representation issue
-Secretary of State’s statement
 16

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Possible vote
-Conservatives
-Taiwan, Republic of China [ROC]

[An unknown person entered at an unknown time between 10:40 am and 10:47 am]

[Unknown activity]
[The unknown person left at an unknown time between 10:40 am and 10:47 am]

-Possible impact on President’s planned trip
-Trip
-Importance
-PRC interest
-Propaganda
-Communism

[An unknown person entered at an unknown time between 10:40 am and 10:47 am]

[Unknown activity]

[The unknown person left at an unknown time between 10:40 am and 10:47 am]

[The President talked with Benjamin F. Biaggini between 10:47 am and 10:50 am]

[Conversation No. 269-21B]

Railroad strike settlement
-President’s appreciation
-Legislation
-Unknown man [J. Curtis Counts?]
-Background
-Shultz
-Peter G. Peterson
-John B. Connally
-Legislation
-President’s schedule
-Bohemian Grove

[End of telephone conversation]

President’s forthcoming press conference
 17

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Possible foreign policy questions
-PRC
-Mutual interest
-Analogy
-US-Union of Soviet Socialist Republics [USSR] relations
-Edward M. Kennedy statement
-John F. Kennedy
-Chiang Kai Shek
-Possible trip
-Significance of US opening
-Foreign Relations Committee
-Trip by President
-Agenda
-Participants
-President, Secretary of State, Kissinger
-Press
-Thelma C. (“Pat”) Nixon
-Decisions
-Channel of communications
-Possible reaction by PRC
-World peace
-Stature
-UN representation

[Unintelligible]

-Voting procedures
-Majority vote
-Expulsion of Taiwan
-Important question
-Resolution
-Spiro T. Agnew

Alexander P. Butterfield entered at an unknown time after 10:50 am.

President's schedule
-Connally

Kissinger's schedule

Kissinger and Butterfield left at 10:59 am.
 18

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)



Connally entered at 10:59 am.

Busing in Texas
-President’s conversation with Shultz
-HEW regional office action
-President’s view
-Judge
-HEW staff member's plan
-Emergency aid program
-President's proposed action
-Amendment
-Court action
-Connally's talk with school board president
-Frank Ginnis (?)
-Local school board
-Austin
-Dallas
-Corpus Christi
-Houston
-Shultz
-Administration position
-Swann decision
-Black schools
-Mexican-Americans
-Necessity for time
-Proposed amendment on emergency school aid
-Reaction of black community
-Democrats
-Votes
-Edmund S. Muskie
-Edward Kennedy
-Court action
-Corpus Christi
-Woodrow Seals
-Ruling on de jure discrimination
-Dallas
-Jim Collins
-Investigation
-Use of federal funds
-As political issue
 19

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Liberals
-Position on busing

National economy
-Proposed action
-Timing
-Presentation before Congress
-Investment tax credit
-Import tax
-Excise tax
-Wage and price freeze
-Perception of precipitous action
-Panic and irresponsibility
-Peterson
-Paul A. Volcker
-Arthur F. Burns
-Connally’s possible meeting with Shultz
-Congress’ return
-Date
-Shultz
-Budget cuts
-Caspar W. (“Cap”) Weinberger
-Family assistance plan
-Apollo space shots
-Public opinion polls
-Probe to Mars
-Lowell P. Weicker. Jr.
-Capital controls
-Shultz
-Possible program
-Floating dollar
-New economic policy
-Removal
-Opponents
-Trade
-Dollar outflow
-Exchange rates
-President's instructions
-Shultz
-Treasury Department
-Commerce Department
 20

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Federal Reserve Board [FRB]
-Trade
-Export-Import Bank
-Peterson
-Wage-price freeze
-Administration
-Treasury Department
-Bureaucracy
-Office of Emergency Preparedness [OEP]
-Farm prices
-Lettuce
-Fruit growers
-Duration
-Shultz’s view
-60 days
-60 days compared to 120 days
-Possible criticism
-Hardship cases
-Possible reception
-Farm prices
-Hogs
-Corn
-Department of Agriculture
-Hogs
-Office of Price Administration [OPA]
-Duration
-Consumers' reaction
-Price increases
-Analogy to OPA
-Business community
-Wages
-Reexamination
-Wage and price guidelines
-1971 increases
-International competition
-Government intervention
-Subsidies
-Antitrust laws
-Import controls
-Possible delay of implementation
-Impact on 1970's
 21

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Bicentennial celebration
-Fundamental restructuring
-Domestic economy vis-a-vis international relations
-Growth

International economics
-President’s speech to Midwestern News Media Executives in Kansas City, Missouri,
July 6, 1971
-Economic superpowers
-PRC
-Reduction of military
-Impact on PRC and USSR
-Europe
-Marshall Plan
-Japan
-USSR, PRC, Japan
-Goal
-US goals
-Peterson


Wage and price freeze
-Timing
-Administration policy
-Possible criticism
-Policy change
-Secretary of the Treasury
-Possible leak
-Advantages of delay
-Analysis
-Preparation
-Budget
-Charts
-Analysis
-Capital controls
-Speech
-Congress
-Jacob K. Javits
-Incomes policy
-Volatility of economy
-Harry S. Truman
 22

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-1948 Campaign
-Republican Convention, Philadelphia
-Thomas E. Dewey
-Need to endure criticism
-Analogy
-US military action
-Cambodia
-Laos
-Effect on US casualties
-Timing
-August
-Connally's Munich, Germany speech
-Trade agreements

Possible questions at President’s forthcoming press conference
-Connally’s Face the Nation appearance
-Retail trade, construction, corporate profits, personal incomes, inflation, Gross
National Product [GNP] deflator
-International monetary action
-Connally’s Munich, Germany speech
-Forthcoming World Bank meeting
-Department of the Treasury
-Tax reforms
-Connally’s possible call to unknown person
-Wage and price controls
-Permanence
-Construction industry
-Steel industry and oil industry
-Price increases
-Interest rates
-Home building
-Connally's Face the Nation appearance
-Camp David
-PRC

Congress
-Wilbur D. Mills
-Credit
-Statement
-Peterson
-Sharing credit
 23

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)


-Connally’s forthcoming telephone calls
-Revenue sharing, tax policy, trade
-Henry M. (“Scoop”) Jackson
-Carl B. Albert
-Health

Arthur F. Burns
-Connally’s planned meeting
-Budget
-Postponing comparability
-Shultz
-Quadriad meeting
-Confidence

President's schedule
-Quadriad meeting
-Possible meeting with Connally and Burns

Burns
-Handling
-Need to maintain pressure
-Harold E. Stassen
-Need to say affirmative things

Economy
-Possible actions
-President’s instructions to Connally
-Peterson
-Need for delay
-No discussion
-Paul W. McCracken
-President’s schedule
-California
-Study over talk
-Shultz

Connally's schedule
-Dinner
-National Security Council [NSC] meeting
-Dinner
-William F. (“Billy”) Graham
 24

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/06)
Conv. No. 269-21 (cont.)



President's schedule
-California
-Charlotte, North Carolina
-Labor Day

Economy
-Wage and price freeze
-Timing
-Preparation
-Budget
-Shultz
-Congress
-State of the Union address
-Tax reforms
-PRC trip
-Vietnam
-Possible announcement
-Paris negotiations
-Instructions to Connally
-Business community
-Tax reform

President’s greeting

Idanell B. (“Nellie”) Connally

The President and Connally left at 12:00 pm.