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1553585
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January 13, 1977 - Ford, Mexican Ambassador Margain
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1553585
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document
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January 13, 1977 - Ford, Mexican Ambassador Margain
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Memoranda of Conversations (Nixon and Ford Administrations)
Ford Administration Memoranda of Conversations
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Mexico
Ambassadors
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1977-01-13
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1977
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13
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1977-01-13
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1977
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File scanned from the National Security Adviser's Memoranda of Conversation Collection at the Gerald R. Ford Presidential Library
MEMORANDUM
DECLASSIFIED
E.O. 12958, Sec. 3.5
THE WHITE HOUSE
NSC Memo, 11/24/98, State Dept. Guidelines
WASHINGTON
By KAH , NARA, Date 3/22/00
CONF IDENTIAL
MEMORANDUM OF CONVERSATION
PARTICIPANTS:
President Ford
Ambassador Margain, Mexican Ambassador
Brent Scowcroft, Assistant to the President
for National Security Affairs
DATE AND TIME:
Thursday, January 13, 1977
FORD
2:26 - 2:58 p.m.
&
PLACE:
The Oval Office
GERALD
LIBRARY
SUBJECT:
Presentation of Credentials
[The press enters and takes photographs. There is a discussion of the
Ambassador's career and the previous tour here. The press departs. ]
The President: We enjoyed having your new President and his wife and
two children here last fall.
Margain: Yes, he came as President-elect.
The President: We enjoyed the visit and I am sure he will have a success-
ful Presidency. Is it a six or seven year term?
Margain: Six, with no reelection. That was part of the revolution.
Before, he had a President who served for thirty years.
The President: Isn't Lopez-Portillo's background in finance?
Margain: He was my successor as Secretary of the Treasury. When he
came in, I went to London. It was a lovely experience.
The President: You should have helped them with their finances.
Margain: They were similar. The British floated the pound and we floated
the peso. That was a terrible thing that we had to do that. When I came
back from London I wanted to retire, but Lopez-Portillo asked me to
come here. I was frankly delighted.
CONFIDENTIAL
CONFIDENTIAL
2
The President: We are very pleased and I am sure it will be very
helpful to have someone of your experience here.
Margain: I hope I can be useful. I thought your speech last night [the
State of the Union] was truly memorable. It was an example to people
around the world. There was such a warm feeling in the hall.
The President: I hope you have a pleasant stay here. We have been to
Mexico only once -- to Puerto Vijando. We would like to go back. Henry
has spoken very highly of a place on the Yucatan Peninsula.
Margain: Cancun. It is a lovely place, and please consider you have a
standing invitation -- for any time at all. The Caribbean is lovely and
there is much privacy there. Just let me know.
The President: I appreciate your thoughtfulness and wish you the best
during your stay here.
GERALD LIBRABY ? FORD
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DECLASSIFIED
E.O. 12958, Sec. 3.5
NSC Memo, 11/24/98, State Dept. Guidelines
By KBH , NARA, Date 3/22/00
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FORD LIBRARY & 06