501–24

Conversation No. 501-24

Date: May 19, 1971
Time: 3:50 pm - 4:28 pm
Location: Oval Office

The President met with Henry A. Kissinger.

Strategic Arms Limitation Talks [SALT] agreement
-Gerard C. Smith
-Meeting with Kissinger
-Response
-President's meeting with SALT delegation
-President's role, delegation's role
-Announcement
-Length
-Anatoliy F. Dobrynin
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 9/08)



-Length
-Wording
-Length
-U. Alexis Johnson
-Meeting with Kissinger
-Announcement
-Wording
-Significance

Alexander P. Butterfield entered at 3:53 pm.

President’s schedule

Butterfield left and Ronald L. Ziegler entered at 3:54 pm.

Charles H. Percy Amendment
-Prospects

SALT negotiations
-Announcement
-Wording
-Breaking deadlock
-Effect on other negotiations
-Union of Soviet Socialist Republics [USSR], People's Republic of China
[PRC]
-Presentation
-Television delivery
-Location

H.R. (“Bob”) Haldeman entered at an unknown time after 3:54 pm.

-Rose Garden, Press Room

Haldeman left at an unknown time before 4:07 pm.

-Wording
-Length
-Dobrynin
-President’s formulation

Ziegler left at an unknown time before 4:07 pm.
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 9/08)



-Meeting of SALT delegation and National Security Council [NSC]
-Melvin R. Laird
-Significance
-Cancellation
-Call to Smith
-Smith's response to the announcement
-Meeting with SALT delegation
-Smith Conv. No. 501-24 (cont.)
-Adm. Thomas H. Moorer's response
-Anti-ballistic missile [ABM] agreement
-Smith's response to the announcement
-Announcement
-President's meeting with SALT delegation

Henry L. Bellmon, John G. Tower, Clifford M. Hardin, John C. Whitaker, Clark MacGregor, and
Peter M. Flanigan entered at 4:07 pm; the press was present at the beginning of the meeting.

Greetings

President's schedule
-Haldeman
-Malik Faisal ibn Abd al-Aziz al-Saud’s [Faisal, King of Saudi Arabia] visit
-Dinner
-Meeting with President in 1967
-Rogers

Kissinger left at 4:07 pm.

Charles McC. Mathias Amendment vote
-Time

Photo arrangements

An unknown man

Drought relief
-Amount
-Losses
-Timing
-[Unintelligible] [Camera noise]
-Florida
-President's information about weather
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 9/08)



-[Unintelligible] [Camera noise]
-John B. Connally
-Letter to Hardin
-Delay
-Palm Springs
-Effects
-Foreclosures
-Texas Conv. No. 501-24 (cont.)
-Amount of assistance
-Texas and Oklahoma
-Fiscal year 1972
-Southwest, Texas, Oklahoma

Agriculture
-Operating and ownership loans for cattle
-Ceiling
1960 level
-Bureaucrats
-Orville L. Freeman
-Needs of farmers
-Borrowing problems
-John Ehrlichman, Caspar W. (“Cap”) Weinberger
-Future loans
-Farmers Home Administration
-Importance of agriculture
-Loan problems
-Farmers Home Administration
-James V. Smith
-Flanigan's role
-Connally's conversation with President

Economy
-Interest rates
-Connally
-Arthur F. Burns
-US dollar, Deutsche mark
-Federal Reserve
-Short-term and long-term rates
-Changes
-Connally’s conversation with Burns
-Short-term rates
-Importance
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 9/08)



-Compared to budget
-Movement
-Milton Friedman's article \"The Mark Crisis\"
-Willy Brandt
-German economy
-Home building
-Mortgage rates
-Preston Martin Conv. No. 501-24 (cont.)
-Meeting with Flanigan, May 19, 1971
-Mortgage rates
-Savings and loans
-Incoming funds level
-Housing starts
-Max M. Fisher
-George W. Romney
-Importance of interest rates
-Building levels
-Farming
-Possibility of over-building
-Interest rates
-Martin
-Meeting with Flanigan, May 19, 1971
-Predictions of housing starts levels
-Federal Reserve

Drought relief
-President's previous speech
-Timing
-Amount
-Southwest, Minnesota
-Hubert H. Humphrey
-Minnesota, Texas
-Humphrey

Congressional votes
-Mathias Amendment

Bellmon, Tower, Hardin, Whitaker, and Flanigan left at 4:26 pm.

-Results of recent votes
-Mathias Amendment
-Abraham A. Ribicoff, Birch E. Bayh
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NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 9/08)



-Kenneth E. BeLieu, William E. Timmons
-Senators supporting Administration
-John Sherman Cooper
-Mathias and Michael J. Mansfield Amendments
-Possible future developments
-[Forename unknown] Johnson
-Efforts
Conv. No. 501-24 (cont.)
MacGregor left at 4:28 pm.