424–19

Conversation No. 424-19
Date: March 29, 1973
Time: 9:20 am -9:33 am
Location: Executive Office Building

The President met with George P. Shultz.

Price controls
-Freeze
-Implementation
-Base date
-Statement
-Prices
 -18-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. Aug.-2010)
Conversation No. 424-19 (cont’d)


-Rollback
-Phase I
-1972 attempts
-Demands by George Meany

President's address
-Tariffs
-Trade
-John D. Ehrlichman, H. R. (“Bob”) Haldeman, Roy L. Ash
-President's vetoes
-Counterattack
-Price freeze
-Tariffs
-Price ceiling
-Operation
-Tone
-Drafting
-Ehrlichman
-Effects of freeze
-Budget
-Domestic spending
-Increases
-Congress
-Taxes
-Restraint
-Price ceiling
-Compared with price freeze
-Wording
-Appeal to public
-Budget
-Future conflicts
-Effects of Vietnam War
-Cost of living
-Four years of progress
-President's actions
-Inflation
-Cuts in rates
-Imports, domestic production
-Imposition of price ceiling
-President's recommendation to Congress
 -19-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. Aug.-2010)
Conversation No. 424-19 (cont’d)


-Removal of tariffs
-Press conference
-Food crisis
-Energy crisis
-Imports
-Comments on President's economic program
-Edward Calvin [?]
-Republican
-Meat prices [?]
-Budget
-Price freeze on food
-Credit to President
-Housewives’ role
-Removal
-Cattlemen
-Reactions
-Duration of freeze
-Shultz's statement
-Impact of President's address
-Shultz's briefing
-Advice of Ronald L. Ziegler
-Abe Bartlett [?]
-Public response
-Meat prices
-Pork
-Chickens, turkeys
-Eggs
-Soybean prices
-Chicken prices
-Production levels
-Freeze
-Call to John B. Connally
-President's address
-Contents
-Use of term “ceiling”

Shultz left at 9:33 am.
 -20-

NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log
(rev. Aug.-2010)