Date: July 11, 1973

Time: 3:03 pm – 4:22 pm

Location: Oval Office

The President met with John B. Connally.

Cabinet meeting, July 11, 1973

National economy

-Export controls

-Exceptions

-Meat

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-Ceiling on prices

-Compared to previous action

-President’s program

-Need for taper

-Short-term compared to long-term objectives

-Government’s role

-Consumer expectations

-Food prices

-Fruits and vegetables

-Seasonal fluctuations

-Meat

-Ceiling on price

-Earl L. Butz’s view

-Beef compared with pork

-Hog prices

Rose Mary Woods entered at 3:08 pm.

President’s schedule

-Forthcoming meeting with Senators

-Message

-Julie Nixon Eisenhower

Woods left at 3:10 pm.

National economy

-Meat

-Hog prices

-Fluctuations

-Cycles, overproduction

-Ceiling on price

-President’s program

-Previous meeting

-Support

-President’s strategy

-Arthur F. Burns’s views

-Controls

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-Duration

-Exemptions

-Graduated approach

-Public confidence

-Inflation

-Phase-out timetable

-Food

-60-day

-Input

-Livestock

-Beef-raising cycle

-Butz’s view

-Hog production

-Feed prices

-Corn, grain

-Profitability

-Margin

-Single supplier

-Flexibility

-Agriculture

-Butz’s views

-Leslie C. Arends’s views

-Controls

-Farms, businessmen, labor leaders

-Compared with consumers

-Consumers’ support

-Duration

-Butz

-Poultry production

-Price of eggs

-Cyclic production

-Purina

-Market dominance

-Poultry compared to hog production

-Broilers

-Purina

-Feed subsidies

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-Supply of broilers

-Pork packing houses

-Closings

-Sanitary laws

-Cattle compared to chickens

-Grain

-Export controls

-Connally’s support

Manolo Sanchez entered at an unknown time after 3:10 pm.

Refreshments

Sanchez left at an unknown time before 4:22 pm.

National economy

-Export controls

-Duration

-Possible effects

-Priorities

-Domestic consumption compared to world consumption

-Timing

-Crop yields

-Agricultural acreage

-World food supplies

-Prosperity

-Soviet Union

-Leonid I. Brezhnev’s decisions

-Consumer

-People’s Republic of China [PRC]

-Transition of economy

-Future strain of PRC demand

-Payment

-Balance of trade

-Textiles

-World food shortage

-US role

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-Latin America’s role

-Brazil

-Latin America’s role

-Agricultural acreage

-Compared to Midwest, Texas

-Development of roads, refrigeration

-South America

-Population

-Poverty

-Birth control

-Studies

-Efficiency of land use

-US expertise

-Soviet Union

-Price controls

-Industry

-John T. Dunlop’s views

-Phase III

-Difficulties

-Timing

-Controls

-Goal

-Removal of controls

-President’s possible statements to farmers

-Pittsburgh, Des Moines, Illinois

-President’s possible statement to livestock industry

-Food prices

-Popular views

-Balance of payments

-Japan, PRC, Soviet Union

-Strength of dollar

-US position in global economy

-Strength of dollar

-Paris, Zurich, Geneva, Bonn

-Soviet Union grain deal

-Terms

-Agricultural prosperity

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-Regions of US

-South, Midwest, West

-Southeast

-Peanuts, soybeans, cotton, corn, cattle

-Southwest, Texas, Oklahoma, Louisiana

-Soybeans, wheat

-Wheat

-Midwest

-West

-California

-Economic and political importance

-Cattle prices

-Connally’s sale of heifers, July 10, 1973

-Feed

-Beef production

-Agriculture

-Prices

-Corn

-Yield

-Net profit

-Wheat

-Butz’s view

-60-day

-Export controls

-Duration

-Crop cycle

-Corn production

-Compared with previous years, estimates

-Dunlop’s view

-Need for controls

-Council of Economic Advisors [CEA]

-Export controls

-Predictions

-Impact of weather, insects, storms

-Frederick B. Dent’s, others’ statement

-Export controls

-Crop year

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-Labor

-Forthcoming negotiations

-Jobs

-Real income

-Possibility of strikes

-Increase in real disposable income

-Compared to inflation

-Food prices

-Consumption of meat

-President’s childhood diet

-Increase in production, consumption

-Per capita

-Farm program

-Farm legislation

-Subsidies

-Anachronism

-Signing of legislation

-Public statements

-Previous surpluses

-Free market

-Fears

-Parity

-1968 campaign

-Hubert H. Humphrey

-Grain program

-Connally’s farm

-Soil Conservation Service

-[Higara ?]

-Chicken feed

-Implications of rules

-Deferred grain program

-Implications of rules

-Export controls

-Maize

-Cattle feed, hay, chicken feed, hog feed

-Cross-purposes

-Deferred grain program

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-Agriculture Department

-Farm bill

-Parity for milk

-Milk producers

-Dairy co-operatives [co-ops]

-Milk

-Previous supplies

-Current production

-Competition from overseas

-Europe

-Cheese, butter

-Dairy co-ops

-Compared with unions

-Demand

-Price supports

-Pending legislation

-President’s approval

-Senate

-Carl T. Curtis

-Milton R. Young

-Senate bill compared to House of Representatives bill

-Curtis

-William R. Poage’s conversation with President

-Leonid I. Brezhnev signing ceremony

-President’s possible veto

-Connally’s view

-Support prices

-Goal

-Approval

-Appeal to East Coasters

-Sellers’ market

-Possible effects of veto

-President’s credibility

-Labor-Management Advisory Committee

-Role of government

-Problem solving

-Private initiative

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-Businessmen, farmers, consumers

-Compared to Europe

-Great Britain, France

-Germany

-Labor relations

-Japan

-Labor rates

-Europe, Germany, Japan, USSR, PRC

-Private initiative

-“Pioneer spirit”

-US deficit

-Midwest, South

-Compared to East

-Eastern establishment

-President’s leadership

-Watergate

-Distraction

-Timing

-Forthcoming testimony of H. R. (“Bob”) Haldeman, and

John D. Ehrlichman

-Possible outcome

Watergate

-Ervin Committee hearings

-Forthcoming testimony of Haldeman and Ehrlichman

-Henry A. Kissinger’s conversation with President

-Thomas W. Braden

-Nelson A. Rockefeller

-Braden, Frank F. Mankiewicz, and George S. McGovern

-Plan

-John W. Dean, III

-Duration, scope of investigation

-Public interest

-Public opinion

-Ervin Committee hearings

-Witness list

-Haldeman, Ehrlichman, John N. Mitchell, and Herbert W.

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Kalmbach

-Internal Revenue Service [IRS]

-Enemies list

-President’s and Connally’s knowledge

-Dr. Michael DeBakey

-Investigations

-Audits of President’s returns in 1961 and 1962

-Robert F. (“Bobby”) Kennedy

-Leaks of income tax returns

-Dean’s list

-Request for investigations

-Johnnie M. Walters’s response

-Investigation of Connally while Secretary of Treasury

-Investigations

-Charles G. (“Bebe”) Rebozo

-William F. (“Billy”) Graham

-Dr. W. Kenneth Riland

-Walters’s response

-Robert H. Abplanalp

-Stories regarding President’s San Clemente property

-Campaign funds

-President’s response regarding finances

-President’s finances

-Abplanalp

-Rebozo

-Los Angeles Times story regarding Teamsters

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[Begin segment reviewed under deed of gift]

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BEGIN WITHDRAWN ITEM NO. 5

[Personal returnable]

[Duration: 43 s ]

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[End segment reviewed under deed of gift]

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Watergate

-Stories regarding President’s San Clemente property

-General Services Administration [GSA] improvements

-United States Secret Service [USSS]

-Freedom of Information Act [FOIA] request

-Press coverage, public reaction

-Thomas J. (“Tom”) Steed’s statement

-Approval

-Justification

-John F. Kennedy’s assassination

-Robert F. (“Bobby”) Kennedy’s assassination [?]

-USSS

-Fence

-Railroad tracks

-Mexican-Americans

-President’s possible response

-Facilities at Lyndon B. Johnson ranch

-Airstrip

-Public knowledge

-Facilities at Dwight D. Eisenhower’s ranch

-Hyannis Port, Massachusetts

-USSS orders

-Contrasted with President’s preferences

-Net worth

-White House response

-President’s possible statement

-Timing

-Content

-Watergate compared to President’s San Clemente property

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-Abplanalp

-Precision Valve Co.

-Anti-trust suit

-Jewish plaintiffs

-Justice Department

-Bertram L. Podell’s statement

-Abplanalp, Rebozo

-Reluctance to use Presidential plane

-Robert L. Vesco

-White House response

-President’s possible statements

-Aplanalp, Rebozo

-Connally’s viewpoint

-Need to build sympathy

-Abplanalp

-Rebozo

-Rebozo

-Howard Hughes’s contribution

-Maurice Stans

-Handling

-Return

-Kalmbach

-Federal Bureau of Investigation [FBI] agent [First name

unknown] Calhoun

-Amount

-1972 campaign contributions

-Stans

-Compared to McGovern’s campaign

-Source of funding

-White House response

-Possible public statements

-Possible Congressional action

-Possible effects

-Return to contributors

-Contributors

-Business people

-Possible statements

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-Ervin Committee investigation in Houston, Texas

-Handling by Connally

-George Brown

-Statement

-Archibald Cox

-Forthcoming White House response

-Duties

Connally’s schedule

-Foreign travel

-Brezhnev

-Timing of trip

-August 3

-Business interests

-Possible task force

-Connally’s conversation with Walter B. Wriston and William E.

Simon

-Union of Soviet Socialist Republics [USSR]

-Romania, Poland, Czechoslovakia

-Middle East

-Advisability

-USSR

-PRC

-Connally’s personal interests

-USSR compared with PRC

-Order, timing of trips

-President’s role

-PRC and Japan

-Timing

-Connally’s availability

-PRC

-President’s experience

President’s schedule

-Public appearances after Labor Day

-Compared to campaign

-Response to opponents

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Connally’s schedule

-Domestic travel, speaking appearances

-Florida

-Edward J. Gurney

-Kansas

-Robert J. Dole

-Kansas Republican Committee

-Oklahoma, Arizona, California, Oregon, Illinois

-Ohio

-New York

-Ohio, Pennsylvania

-Frank Dale in Cincinnati

-[Horace] Chapman (“Chappie”) Rose in Cleveland

-Preston Wolfe in Columbus

-Trip to USSR

-Timing

-Eastern Europe

-Poland

-Announcement

-Ronald L. Ziegler and Alexander M. Haig, Jr.

-Trip preparations, rejoining law firm

-Timing, focus

-President’s forthcoming speech

Jamaica

-Statehood

Nassau [Bahamas]

-Independence

-Likelihood of success

-Government

-US action

-Population

-Poverty

-Military, diplomatic corps

-United Nations [UN] ambassador, ambassador to US

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-Appropriations

-Tourism

-Taxation

-Hotels

-Abplanalp

-Residence

Watergate

-White House

-Timing

-Effect

-Popular view

-Ervin Committee hearings

-Mitchell, Haldeman, Ehrlichman

-Televised testimony

-Popular view

-Saturation

John A. Love

-Appointment to Energy Policy Office

-Need for encouragement

-Meeting with [Shah of Iran] Mohammed Reza Pahlavi

-Connally’s attendance

Connally’s schedule

-Forthcoming dinner

Connally left at 4:22 pm.