Date: May 16, 1973
Time: Unknown between 4:09 pm and 4:52 pm
Location: Oval Office
The President met with George P. Shultz.
Weather
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
Science
Petroleum
-Voluntary allocation plan
-Compulsory allocation plan
-Henry M. (“Scoop”) Jackson
-William E. Timmons’s conversation with Shultz
Science
An unknown person entered at an unknown time after 4:09 pm.
Refreshment
The unknown person left at an unknown time before 4:52 pm.
Scientific community
-Administration relations
-Budget cuts
-Mood on campuses
-Irrationality
-Faculty
-Notion of excellence
-Basic research
-Possible energy program
-Manhattan Project
-Space program
-Management and engineers
-Budget
-Effect on academic groups
-Dr. H. Guyford (“Guy”) Stever
-William O. Baker
Watergate
-Shultz’s meeting with Stever’s group, May 16
-Break-in
-Forthcoming events
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
-Possible indictments
-Role of national security
-Compared with John F. Kennedy’s administration
Possible energy program
-President’s role
-Fiscal Year 1975 budget
Watergate
-John J. (“Jack”) Caulfield
-Relationship with President
-Treasury
-News reports regarding grand jury testimony
-Offers of clemency to James W. McCord
-Forthcoming meeting with Shultz
-Personnel status
-Termination compared to leave
-Indictment
-Clemency
-Conspiracy
-McCord
-Relationship with President
Fiscal Year 1974 budget
-State of economy
-Prospect of balanced budget
-Complaints
-Expansion
-Employment
-Fiscal discipline
-Revenue estimates
-Forthcoming statement
-Roy L. Ash
-Content
-Possible balanced budget
-Revenue estimate
-Shultz’s support
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
-Decision
-Interest on National Debt
-Price of expansion
-Estimate
-Defense spending
-Cuts
-Congressional action compared to President
-Ash
-Possible balance
-Psychological effect
Energy
-Use of gasoline
-Automobiles
-Pollutant
-Possible excise tax
-Effects
-Environment and conservation
-Price inflation
-Revenue rate
-Budget balance
-Cuts
-Treasury Department
-Amount
-Other taxes
-States’ use
-Oil companies
-President’s concern over politics of issue
-Forthcoming study
-Revenue
-Political implications
Taxes
-Withholding on dividends paid to foreigners
-Wilbur D. Mills’s proposal
-Jacob K. Javits’s views
-Current law
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
-Bilateral treaty
-Reduction
-Mills’s proposal
-Arthur F. Burns’s view
-Elimination
-Congress
-Possible effects
-Tax shelters
-Numbered account
-Differential rates
-Discussion with Herbert G. Stein
-Mills, Javitz
-Shultz’s view
-Congressional action
-President’s support
Fourth replenishment to World Bank
-Robert S. McNamara’s letter to Shultz
-McNamara’s conversations
-Shultz and Henry A. Kissinger
-International development
-Third replenishment
-Congress
-Payment
-Delay
-Size of US contribution
-Congress
-Appropriations
-Compared with Japan and West Germany
-McNamara’s proposal
-US contribution
-Size
-Payment schedule
-Commitments
-McNamara’s negotiations
-Shultz’s conversation with Kissinger
-President’s viewpoint
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
-McNamara
-US contribution
-Congress
Presidential appointments
-Executive Director of World Bank
-President’s possible discussion with Ash
-Vacancy
-[First name unknown] Wymer of personnel office
-William E. Simon’s candidate
-Shultz
-Requirements
-McNamara
-Simon’s candidate
-Background
-Morgan Stanley
-Paris office
-Youth, energy
-Experience
-President’s views
-Requirements
-Ash’s view
-Youth
-Shultz’s view
-Self-confidence, energy
-Simon’s candidate
-Cost of Living Council [COLC]
-Health Advisory Committee Chairmanship
-Melvin R. Laird
-President’s role
-Commitments
-Duration
-Energy
-Peter M. Flanigan
-Role
-Vested interests
-Previous objections
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NIXON PRESIDENTIAL LIBRARY AND MUSEUM
Tape Subject Log
(rev. September-2012)
-Congressional testimony
Customs Bureau
-Seizure of hashish, May 11
-Use of detector dogs
-Location in double-decker London bus
-Treasury Department’s dispute with Justice Department
-Reorganization plan II
-Congress
-American Federation of Labor-Congress of Industrial Organizations
[AFL-CIO] view
-Thomas J. (“Tom”) Steed
-Justice Department’s role in government
The recording cut off at an unknown time before 4:52 pm.
An unknown portion of this conversation was not recorded while the audiotape reels were
changed.
[Continued on Conversation No. 920-1]