Date: June 12, 1973

Time: 10:30 am – 11:15 am

Location: Oval Office

The President met with Roy L. Ash.

National economy

-President’s forthcoming meeting

-Arthur F. Burns

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-Burns’s view

-Taxes

-President’s June 11, 1973 meeting with George P. Shultz, Herbert Stein, and John

T. Dunlop

-Ash’s and William Simon’s views

-Shultz, Stein

-Dunlop’s role

-John B. Connally’s possible role

The President talked with Howard Morgan between 10:34 am and 10:37 am.

[Conversation No. 937-13A]

[Begin telephone conversation]

[See Conversation No. 40-26]

[End telephone conversation]

White House staffing

-Bryce N. Harlow

-Role

-Melvin R. Laird

-Governors

National economy

-President’s June 12, 1973 meeting with Labor-Management Committee

-Stein, Shultz

-George Meany, Leonard Woodcock

-Partisanship

-Public statements compared to private statements

-Frank E. Fitzsimmons, Paul Hall

-Support for President’s actions

-Food prices

-Connally’s views

-Ash’s and Simon’s views

-Possible freeze

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-Applicability

-P.L. 480 [Public Law 480]

-Rent, interest, profits, wages

-Follow-up

-Food

-Duration

-Use by administration

-Conditioning of public opinion

-Connally’s possible role

-Cabinet

-Congress

-Ash’s views

-Effect on Business

-Price reaction

-Stock Market

-Views of Stein, Shultz, and Dunlap

-Controlled economy through 1974

-Election

-Food prices

-Possible freeze

-Inevitability of further economic controls

-Follow-up

-Simon

-Philosophies

-Further economic controls

-Risk

-Phase III

-Congress’s possible action

-Meany

-90 day freeze

-Phase II

-Veto override

-Polls

-Louis P. Harris

-Congressional spending

-Use by administration

-Mental conditioning of populace

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-Cabinet

-Compared to budget spending battles

-Connally

Status

-Problems of flat economy

-Inflation, no growth

-Possible freeze

-Effects

-Ash’s views

-Conversations with Shultz and Stein

-Position change

-Watergate

-Connally’s role

-Shultz

-Laird’s possible role with Congress

-Salesmanship

-Shultz

-Possible freeze

-Follow-up

-Food prices

-Agriculture Department projections concerning crop yields

-Peter M. Flanigan’s analysis

-President’s forthcoming speech

-Foods prices

-President’s forthcoming speech

-Budget

-Forthcoming Congressional actions

-Possible vetoes

-Congressional override

-Need for popular support

-Public support for New Hampshire Governor

-Health, Education, Welfare

-Caspar W. (“Cap”) Weinberger’s view

-William E. Timmons’s view

-Connally’s suggestion

-Public opinion

-Taxes

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-Voting

-Defense

-Taxes

-Veterans

-Education

-Alexander M. Haig, Jr.’s view

-Harlow, Laird

-Social programs

-Ash’s role

-Schools, hospitals, elderly, blacks

National economy

-President’s forthcoming meeting

-Possible freeze

-Duration

-Ash’s view

-Economic data

-President’s forthcoming speech

-Certainty with some options

-President’s program

-Use by administration

-Salesmanship by administration officials

-Mental conditioning of populace

-Connally

Ash

-Role on staff

-Timing around Watergate

Watergate

-Allegations concerning President

-Ervin Committee hearings

-John W. Dean, III

-White House response

-Immunity

-Archibald Cox’s views

-Effect on possible trials

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-Samuel J. Ervin, Jr.

-Popular support

-Ash’s conversation with Edgar F. Magnin in California

President’s schedule

Ash left at 11:15 am.