Date: March 30, 1973

Time: Unknown between 8:50 am and 10:18 am

Location: Oval Office

The President met with Stephen B. Bull.

Rose Mary Woods

-Schedule

George P. Shultz, Helmut (“Hal”) Sonnenfeldt and John D. Ehrlichman entered and Bull left at

9:07 am.

President’s speech

-March 29, 1973

Ehrlichman

-Conversation with Ronald L. Zielger

-Report for President

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Proposed changes

-President’s meeting with state legislators

An unknown woman entered at an unknown time after 9:07 am.

Private file

-Woods

The unknown woman left at an unknown time before 10:18 am.

International economics

-Henry A. Kissinger

-Briefing by Shultz

-Union of Soviet Socialist Republics [USSR] and European summits

-Importance of economics

-European side

-Kissinger’s weak area

-Learning speed

-Shultz’s knowledge

-Trade legislation

-Monetary issue

-US interests in European views

-Linkage with security

-Shultz’s concession

-Trade and national security

-President’s view

-Kissinger’s views

-Trade with Europe

-Conditions

-Possible results for US

-Isolationism

-Sonnenfeldt

-Bridge between National Security Council [NSC] and Treasury

Department

-Role in treasury

-Kissinger

-Shultz

-Study of trade

-Linkage between trade and national security

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Trade with USSR

-President’s view

-Sonnenfeldt’s plans

-Confirmation hearing

-Scope of work at Treasury Department

-Trade with USSR

-Kissinger’s role

-National security

-East-West negotiations

-Shultz’s knowledge of national security

-Willy Brandt’s message

-Shultz’s telephone call to President

-Insolence

-Japan’s response

-Edmund R. G. Heath’s response

-Sonnenfeldt’s role

-Political costs

-President’s response

-Problems

-Bureaucratic problems

-Psychological problems

-Personal problems

-Peter M. Flanigan’s office

-Strategic terms

-Economic advice in Treasury Department report

-Flanigan’s views

-Kissinger’s view

-Sonnenfeldt’s role

-Risks

-Negotiations

-USSR

-Working groups

-Europe

-Advantages

-Formal, public position

-East-West negotiations

-Under Secretary of Treasury

-Entitlements

-Paul A. Volcker, William E. Simon

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Kissinger

-Strategic Arms Limitation Talks [SALT] negotiations

-Sonnenfeldt’s role

-Middle East involvement

Shultz’s report to President

-Domestic economy

-Labor issues

-Shultz’s trip abroad

-USSR

-Reception by Leonid I. Brezhnev

-Brezhnev’s relationship with President and US

-Importance

-Nostalgia

-Shultz’s meeting with Brezhnev

-Picture

-Carving

-Picture of Brezhnev and President at SALT I signing ceremony

-Accessibility

-Trade compared with economic policy

-Distinction noted by Brezhnev

-Trade

-Vodka, Pepsi Cola

-Economic policy

-Long time span

-Gas deals

-Brezhnev

-US-USSR relationship

-Transitory relationship

-Most Favored Nation [MFN] status

-Discussion between Shultz, Kissinger and President

-Messages

-Brezhnev’s view of issue

-Test issue of US-USSR relations

-US economic organization

-Peter G. Peterson

-Brezhnev’s meeting with Shultz

-Shultz’s competence

-Shultz’s closeness to President

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Theme of Brezhnev’s personal relationship with President

-SALT

-Kissinger

-Impact of trip to Moscow on Europeans

-US-USSR relations

-Europe

-Reaction to present state of US-USSR relations

-Peace issue

-Monopoly position with USSR and People’s Republic of China [PRC]

-US involvement

-Gas deals

-Aggressive stance

-Conception of role as bridge in East-West relations

-US-Europe relations

-Avoidance of confrontation

-Brandt’s message to President

-Response

-Heath, Brandt

-Monetary conferences

-Paris, France

-Sense of community

-Avoidance of confrontation with US

-Trade bill in US

-Apprehension by Europe

-US involvement

-First Paris meeting

-US role

-European confusion

-Closure of exchange markets

-Giscard D’Estaing’s luncheon

-Compared to Franklin D. Roosevelt’s action

-Central bankers

-Concerns for free market

-Second Paris meeting

-Draft communiqué

-Helmut H. W. Schmidt

-Giscard D’Estaing

-Adoption of US draft at meeting

-US influence

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-European attitude

-Shultz’s reaction

-Energy problems

-Importance to Europeans

-Rates of inflations

-International Monetary and Balance of Pay

-US involvement

-President’s message

-Energy users

-International cooperation

-Organization of Petroleum Exporting Countries [OPEC]

-Cartel

-International flavor

-Shultz’s talk to bankers

-Paris, France

-Schmidt

-Energy as subject

-Preoccupation with economic problems

-Rates of inflation

-Great Britain

-West Germany

-France

-Japan

-Italy

-Italy

-Political situation

-Schmidt

-Finance minister

-Central banker

-Great Britain

-Labor situation

-Confrontations with Heath

-Comparison with US

-US cooperation

Steel Agreement

-Shultz’s work with I[lorwith W[ilbur] Abel

-Possible telephone calls by President to Abel and R. Heath Larry

-Constructive atmosphere in US

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Industry

-Labor Management Committee

Labor in US

*****************************************************************

[Begin segment reviewed under deed of gift]

President’s father, Frank Nixon

-Liberal view

-Belief in work ethic

-Comment on Industrial Workers of the World [IWW]

[End segment reviewed under deed of gift]

*****************************************************************

US-Europe relations

-Political atmosphere

-Drift to left

-Tension

-Investment capital

-Flow to US from Europe

-Increase

-Flow to Europe from US

-Image

-Shultz’s table

-Common Agricultural Policy [CAP]

-Common markets

-US policy

-Earl L. Butz

-Visit to Europe

-Need for negotiations

-President’s standing in Europe

-Mao Tse-Tung

-Quality of world leadership

-Great Britain

-Heath

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Stature

-Prospects for European unity

-Compared with PRC and USSR

-Chou En-lai

US foreign policy

-Lee Kuan Yew

-Meeting with President

-Robert Menzies

-Great Britain

-Potential as leader

Shultz’s trip

-Meeting with Kissinger

-Kissinger’s negotiations with USSR

-US economic policy

-Political impact

US foreign policy

-Problem with balance

-US leadership

-European advocates

-Shultz’s view

-International monetary problems

-US responsibility

-Newspaper column

-Milton Friedman [?]

-Dollar prices

-Compared to mark prices

-Inflation rates

-Industrial nations

-Social issues

-Europe

-Dependence on US leadership

-reaction

-Resentment

-Left-Wing youth in West Germany

-President’s future discussion with Sonnenfeldt and

Kissinger

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Unrest

-Great Britain

-France

-West Germany

-Brandt

-Party conference

-US-USSR relations

-Perception of US-USSR deals by Europe

-Détente delays criticized

-Need for balance

-European isolationism

-Brezhnev’s motives

-US, PRC, Japan, Europe

-Demoralization

-SALT, Mutual and Balanced Force Reduction [MBFR]

-Common Market

-USSR-US relations

-1972 meeting between Brezhnev and Peterson

-Brezhnev

-Longevity

-Age

-Long-range goals

-Gas deals

-PRC

-Succession

-Europe

-Balance

-Germany, Great Britain, France, Netherlands

-Comparison with US

-Leadership responsibilities

-Vietnam War

-US responsibilities

-Colleges and universities

-Professors

-Blacks

-Chicanos

-Whites

-Germany

-Italy

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Netherlands

-Belgium

-Scandinavians

-Cheese, women

-Big Powers

-Decline of power

-Unity of Europe

-Meaning

-Generation in power

-Youth

-Bureaucrats

-Values

-Illusions

-Academics

-Frustrations

Economy

-Unemployment insurance

-Pension reform

-Termination insurance

-Reasons

-Expense

-Benefits

-Link with Trade Bill

-Peter J. Brennan

-Support for reform

-Public speeches

-Roy L. Ash

-Talk with Shultz

-Termination insurance

-Reaction of management

-Big companies

-Premiums

-Small companies

-Unknown results

-Areas of controversy

-Minimum wage

-Administration of funds

-Labor Department

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Treasury Department

-Labor Department

-Management’s objections

-Judgment of pension fund quality

-Fear of government intervention

-President’s opinion

-Bureaucrats

-Staffing

-Link with other bills

-Trade bill

-Pension package

-Unemployment insurance package

-Presentation to Congress

-Pros and cons

-Link with Trade Bill

-Study by President

-Balance of equities

-Problems

-Labor compared with management

-Trade

-Brennan

-Chamber of Commerce

-Business representation

-Budget

-Balance

-Agriculture

-President’s policies

-Need for farm state congressmen’s support on vetoes

-Termination insurance

-Management’s concerns

-Labor

-Management of assets

-Unemployment insurance

-Extensions of coverage

-Farm workers

-1969 recommendation

-Ronald W. Reagan’s support

-California

-Butz’s support

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-Major problem

-Federal standards for benefit levels

-Dwight D. Eisenhower’s action as President

-Republican opposition

-Ways and Means Committee

-Union support

-Arthur F. Burns’s support

-Business opposition

-States

-Controversy

-Raising of benefits

-Coordination with William E. Timmons

-Government relations

-President’s meeting with state legislators

-Support

-Economic advisors

-Ash, Brennan, Butz, Kenneth R. Cole, Jr., Peter M.

Flanigan, Herbert Stein, Herbert G. Klein

-Budget battle

-California

-Paper

-Unemployment insurance package

-Study for President

-Meeting with Nguyen Van Thieu

-Major problems on economic issues

-Federal standards for benefit levels

-Brennan’s support

-Insurance for strikers

-State laws

-New York, Rhode Island

-Union support

-George Meany

-Shultz’s actions as Labor Secretary

-Unemployment insurance for strikers

-Brennan’s support

-Intensity

-Special relationship with President

-Letter to President

-Unintelligible name

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Duration of benefits

-Increases

-Trigger mechanism

-Labor support

-Controversy

-Brennan compared with economic advisors

-Brennan’s attitude

-Swearing-in of Willie J. Usery

-Meany’s attendance at ceremony

-Remarks by Brennan

-Labor Unionists in Labor Department

-Commerce Department

-Brennan

-President’s handling

-President’s study of economic package

-Minimum wage

-Testimony by Brennan

-Coverage

-Extension

-Level

-Brennan’s attitude

Bull entered at an unknown time after 9:07 am.

President’s meeting with state legislators

Bull left at an unknown time before 10:18 am.

Economic policy

-Minimum wage

-Coverage

-Level

-Youth differential

-Brennan’s position

-Amount

-Two dollar bill

-Bargaining

-John N. Erlenborn

-Citizenship [?]

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-16 and 17 year olds

-19 year olds

-18 year olds

-Erlenborn bill

-Vote

-Brennan’s testimony

-Congress

-Administration’s stance

-Conservatism

-Budget

-Leadership

-Youth differential

-Brennan’s testimony

-Problems

-Brennan

-Handling

-Discussion with the President, economic advisors

-Politics

-Problems

-Budget

-Constituency

-Testimony to Congress

-Preparation

-San Clemente visit

-Minimum wage issue

-Meeting with President

-Confrontation

-Minimum wage

-Talk with Ehrlichman, Shultz

-Shultz’s skill

-Direction by President

-Need to control

-Congressional opposition

-Republicans

-Southern Democrats

-Termination insurance

-Opposition lobby

-Financial contributors

-Unemployment insurance

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Brennan

-Need to control

-Congress’s position

-Liberals

-Minimum wage

-Bargaining of levels

-Extension of coverage

-Youth differential

-State and local government workers

-Cole

-Coverage

-Problems with issue

-Need to sell

-Next year’s package

-Local governments, revenue sharing

-Unemployment insurance

-Federal standards

-Persuasion of President

-Strikers

-Meeting with President

-Preparation

-Labor leader

-Bargaining

-Trade Bill

-Surcharge

-Application

-General compared with selective basis

-International obligations

-Unilateral decision

-Internationally-developed Most Favored Nation [MFN]

principles

-Guidelines

Bull entered at an unknown time after 9:07 am.

President’s meeting with state legislators

Bull left at an unknown time before 10:18 am.

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

Tape Subject Log

(rev. August-2010)

Economic policy

-Trade bill

-Surcharge

-International obligations

-Kissinger

-State Department

-Special Drawing Rights [SDRs] [?]

-President’s powers

-Treasury Department

-National Security Council [NSC]

-Congress

-Reaction of other countries

-Canada, Great Britain, Europe

-Wilbur D. Mills’s view

-Kissinger’s reaction to August 15, 1971 monetary measures

-Bargaining power

-Increases

-“Fuzzy language”

-MFN status for communist countries

-Kissinger’s strategy

-Presidential authority in trade bill

-USSR

-Jacob K. Javits’s proposal

-Mills’s opposition

-Fallback position in Committee

-Administration strategy

-Kissinger

-Meeting with Dobrynin

-Problems

-Henry M. (“Scoop”) Jackson, Charles Vanik, Mills

-Amendments on immigration

-Vetoes

-Immigration issue

-USSR

-Pattern of performance

-Jackson

-Suspicions

-Administration strategy

-Bargaining

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NIXON PRESIDENTIAL LIBRARY AND MUSEUM

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-Jackson amendment

-Javits’s view

-Veto procedure

-Jackson’s opposition

-Mills’s view

-Unemployment insurance

-Negotiations with unions

-Federal government bailout

-Brennan

-Deal

-Jackson amendment

-President’s reaction

-Jewish community in the US

-Initiatives with USSR

-Blame

Shultz, Sonnenfeldt and Ehrlichman left at 10:18 am.