79–1

Conversation No. 79-1

Date: October 12, 1971
Time: Unknown between 4:19 pm and 10:22 pm
Location: Cabinet Room

William P. Rogers met with Charls E. Walker, Melvin R. Laird, John N. Mitchell, Rogers C. B.
Morton, Clifford M. Hardin, Maurice H. Stans, James D. Hodgson, Elliot L. Richardson, George
W. Romney, John A. Volpe, George P. Shultz, Robert H. Finch, Donald H. Rumsfeld, George H.
W. Bush, H. R. (“Bob”) Haldeman, John D. Ehrlichman, Henry A. Kissinger, Peter M. Flanigan,
Clark MacGregor, William E. Timmons, Peter G. Peterson, Herbert G. Klein, Arnold R. Weber,
Raymond K. Price, Jr., Ronald L. Ziegler, Alexander P. Butterfield, Robert J. Brown, Robert J.
Dole, and Paul W. McCracken

[General conversation/Unintelligible]

The President and an unknown man entered at 4:37 pm

[Pause]

Agenda for Cabinet meeting
-Soviet summit
-Economy: Phase II

Economy: Phase II
-Congress
-Freeze
-Effectiveness
-Price index
-Organized labor
-Wage settlement
-Prices
-Cost of Living Council
-Pay Board
-Misunderstanding
-Post-freeze machinery
-Labor cooperation
-Canadian experience
-Cost of Living Council, Pay Board, Price Commission
-John B. Connally
-Statement
-George Meany
 2

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Frank E. Fitzsimmons
-Leonard Woodcock
-Productivity Commission
-American Federation of Labor-Congress of Industrial Organizations [AFL-
CIO]
-Executive Council meeting
-Statement
-Pay Board
-Cost of Living Council
-Cost of Living Council
-Pay Board, Price Commission
-Issue of autonomy
-Labor
-Statement
-The President’s tax program
-The President’s statement
-Senate action
-Meany
-I[lorwith] W. Abel
-Floyd E. (“Red”) Smith
-Fitzsimmons
-Woodcock
-Construction industry participation
-Construction Industry Stabilization Committee
-Assessment of possibility for success
-Labor
-Responsibility
-Settlements
-Goal
-Wage settlements
-Employment
-Department of Defense
-Military personnel
-Contract employees
-Civil Service employees
-Importance of administration-labor relations
-Possibility of strikes
-Automobile, railroad, and trucking industries
-Inflation
-Jobs
-Political implications
-Involvement of labor leaders
 3

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)



-Relationship of inflation and jobs
-Housing
-Meany
-Tax proposal
-Excise tax repeal, investment tax credit
-International objectives
-United States’ position abroad
-Surcharge
-Exchange rates
-Wage-price freeze
-Efforts to fight inflation
-Jobs
-International policy
-Labor
-Political effect of support or opposition
-Meany
-Effectiveness of price controls
-Construction industry
-Meany
-Responsibility for controls
-Korean War comparison
-Relationship with business
-Cost of Living Council
-Administration’s public posture
-Business
-Stans
-Cost of Living Council
-Connally
-Goal
-Jobs, inflation

US foreign relations
-Announcement of Soviet summit for May 1972


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Soviet summit

[To listen to the segment (19m57s) declassified on 02/28/2002, please refer to RC# E-562.]

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 4

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log
(rev. 10/08)




Economy
-Edmund S. Muskie’s statement about the “New Prosperity”
-Economy during the John F. Kennedy and Lyndon B. Johnson administrations
-Effect of Vietnam war on the economy


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Vietnam war

[To listen to the segment (1m7s) declassified on 02/28/2002, please refer to RC# E-562.]

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The President’s schedule
-F. Edward Hébert
-Portrait unveiling ceremony
-Melvin Price of Illinois

The President left at 5:28 pm

[General conversation/Unintelligible]

Recording was cut off at an unknown time before 10:22 pm