Date: January 11, 1973

Time: 5:12 pm – 5:13 pm

Location: White House Telephone

The President talked with George P. Shultz.

[See Conversation No. 401-31/402-1I]

The President’s conversation with Frederick B. Dent

-Shultz’s announcement on Phase III

-Response of business community

-Ronald L. Ziegler’s view

Pierre Rinfret

-Current meeting with Shultz

-View of Phase III

-Letter to the President

-Trade problems

-International monetary affairs

-Message from the President

-Rinfret’s speech supporting Phase III