Date: June 11, 1973
Time: 5:16 pm – 5:24 pm
Location: Oval Office
The President met with George P. Shultz, Herbert Stein, and John T. Dunlop.
President’s schedule
National economy
-Export control
-Legal justification
-Report
-Completion date
-President’s knowledge
-Staff
-Shultz
-Office of Management and Budget [OMB]
-Labor-Management Advisory Committee
-President’s assessment
-George Meany
-Health
-Attendance
-Walter B. Wriston
-Moscow
-I[lorwith] W[ilbur] Abel
-Steelworker meeting in Nevada
-Abel’s views
-Public attention
-Wage-price freeze
-Follow up
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. July-2011)
-Stein’s view
-Price, wage czar
-Paul Hall and Frank E. Fitzsimmons’s views
-Goals
-Public attention
-Phase III
-Food
-Attention to Congress
-Compared to export controls
-Soybeans
-Japan
-Wages, prices
-Labor-Management Advisory Committee
-Shultz
-Impact
-Business
-Labor
-Consumer credit
-Budgetary problems
-Interest rates
-Mortgage rates
-Government subsidies
-Arthur F. Burns’s views
-Controls
-Possible freeze
-Duration
-30, 60 days
-Results
-Congressional reaction
-Follow-up
-Phase III
-Political considerations
-1974 elections
-Economic predictions
-White House response
-President’s reluctance
-Export controls
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. July-2011)
-Credibility of White House plan
-Dunlop’s assessment
-Pre-notification, licensing
-Crop yields
-Food prices
-Retail
-Risk
-President’s willingness
-Phase IV controls
-PL 480
-Paper
-Aid requests
-India
-Pakistan
-Shultz’s conversation with National Security Council [NSC], Gen.
Brent G. Scowcroft
-Aid levels
-Cuts
-Supply problem
-Price rise
-Wheat
-President’s forthcoming speech
-Preparation
-Philosophy and practice
Shultz, Stein, and Dunlop left at 5:24 pm.