Date: March 9, 1973

Time: 3:17 pm – 3:53 pm

Location: Oval Office

The President met with William E. Simon, John T. Dunlop, John D. Ehrlichman and Herbert G.

Stein.

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

Wage and price controls

-Peter G. Peterson

-5.5 percent wage settlement [?]

-Ehrlichman’s press conference [?]

Economy

-Latest figures

-Pressure for administration action

-Administration policy

-Quadriad meeting

-Political pressure

-Response to wage settlements

-Labor demands

-Impact on prices

-Prices

-Need to moderate

-Possible actions

-Gimmicks

-Impact on wages

-Wage increases

-Rejection

-Labor reaction

-George Meany

-Resumption of freeze

-Latest figures

-Labor reaction

-Gimmicks

-Price freeze

-Conversation with Peterson

-Problems

-Food supply

-Beef, poultry, pigs

-Food prices

-Farm prices, earnings

-Decline over past year

-Non-food prices

-Industrial products

-Lumber, oil

-Phase II price freeze

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-Impact on supplies of petroleum

Administration policy statement on energy

-Impact of Phase II on price freeze [?]

-Preparation for President’s review

-Camp David meeting

-Energy

-Phase I August 1971 precedent

-George P. Shultz’s attendance

-Trade

-Session for policy advisors

-Outside advisors

-President’s dinner conversation with unnamed oil businessman

-Private sector input

-Libya

-John B. Connally

-American Petroleum Institute [API]

-Connally

-Independent refiners

-Max Fisher

Wage and price controls

-Labor

-Reaction to price increase

-Food prices

-Meany

Cost of living

-Views of other labor leaders

-Administration policies

-Possible actions

-Return to Phase II price controls

-Oil action

-Industry-specific controls

-Cigarettes

-Canning

-Fertilizer

-Lumber

-Seriousness of problem

-Interior, Agriculture, and Labor Departments

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-Earl L. Butz

-Forestry Service

-Butz, Bill Brown [?]

-Food prices

-Increased supplies

-Price controls

-Meat

-Labor reactions

-Impact

-Support for freeze on food prices

-Labor agreements

-Labor-Management Advisory Council meetings

-Adjustments

-Cost of living escalators

-Deferments

-Settlement costs

-Cost of Living Council [COLC] meeting

-Latest trends

-Need for publicity

-Price increases

-Food prices

-Labor reactions

-Symbolic action [?]

-Shultz

-Stein

-Need to reassure unions

-Psychological effect of food price increases

-Stein

-Publicity for programs

-Visibility

-Examinations of industries

-Controls

-Explanations

-Public reaction

-“Food story”

-Butz’s speech

-White paper

-Food problem

-Agriculture Department

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-Butz’s role

-Agriculture compared to price control

-Speeches

-Farmers, meat processors, ranchers

-Prosperity

-Use of rhetoric

-Middlemen

-Tilt away from farmer, processor

-Value

-Reports

-Actions

-Lemons

-Resistance to President’s policies

-Butz’s role

-Bureaucracy

-Surplus grain disposition

-Auctions

-Reports

-Subsidies

-Butz

-Blame

-Railroads

-Grain sales to the Union of Soviet Socialist Republics [USSR]

-Meeting

-Statement by President

-Transportation secretary

-Railroads

-Meeting

-President’s attendance

-COLC

-Agriculture department

-Talking paper, report, presentation

-President’s role

-Need for publicity

-Symbolic action

-Need to appear active

-Excuses

-Food shortage

-Household budget

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-COLC

-Work with Agriculture department

-Butz

-Problems

-Meeting on grain surplus

-Other commodities

-Cheese

-Meeting with President on railroads

-Scheduling

-Meeting with Congressional leaders

-COLC

-Lumber issue

-Lumber supply

-Forrest Service

-Criticism of release of timber for sale

-Prices

-Commodity stockpiles

-War contingencies

-Bomb shelter

-Release for sale

-George A. Lincoln [?]

-Agriculture Department

-General Services Administration [GSA]

-Bureaucratic congressional reluctance

-Copper prices

-Need for legislation

-National security arguments

-Oil stockpiles

-Imports

-Oil producers

-Supplies

-Excess consumption

-National security arguments

-Secondary consideration

-Release

-Impact on prices

-Departmental authority

-Treasury Department, Council of Economic Advisors [CEA][?]

-Wheat subsidies

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-USSR

-Extension

-CEA[?] study

-Release

-Food

-Levels

-Wheat bushels

-Defense Department surplus

-Sale

-food

-Elliot L. Richardson

-Government hoarding

-Land

-Stockpiles

-Impact on prices

-Agriculture department stockpiles

-Meeting on grain, lumber supplies

-Hard-line stance

-Impact on other departments

-Agenda

-Stein

-Shultz’s, Roy L. Ash’s attendance

-Office of Management and Budget [OMB] role

-White House staff compared to agencies

-Frederic V. Malek

-Stockpiles

-National security arguments

-President’s role

-Wage demands

-Problems

-Food prices

-Government efforts

-Milk producers

-Congressional relations

-Wilbur D. Mills

-Relation with the milk producers

-Pet projects [?]

Strategic Arms Limitation Talks [SALT]

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. July-2010)

-President’s meeting with U. Alexis Johnson

Simon, Dunlop, Ehrlichman and Stein left and Ronald L. Ziegler entered at 3:49 pm.

Meeting with Henry A. Kissinger [?]

People’s Republic of China [PRC]

-Release of John T. Downey

-John F. Kennedy, Lyndon B. Johnson

-Ziegler’s press statement

-William Downey [?]

-Downey’s mother’s illness

-Chou En-lai

-Downey’s release

-President’s appreciation

-Hong Kong, PRC border

-Robert J. Flynn, Philip E. Smith

-Release from PRC

Henry A. Kissinger entered at 3:50 pm.

William P. Rogers

-Presence

COLC

The President, Ziegler and Kissinger left at 3:53 pm.