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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
CONFIDENTIAL
P/anb
OF
FORD
(Prusin)
77 1 cc
226
258
GERALD
LIBRARY
1.
Decession of amb's caver + pumps Tome
here
(Presont)
P
we enjoyed having your was Prwife + C chich
here last fall
m
Hecmmos of Petect.
P
We int & I fines he will have
a www.ful to Rusing
Is it a 6 or 7 r term
m
6, w/ w up relection That mas part of
understan Before, P sund for 30 yes,
P
sut L-P ba hypend in funciver
m
Heras my hicesores Sec Treasery. when
he came in, Irent to hondon It was a
larry expremence
P
you should home helped chen m/ their fromer-
m
They areu services The Birts Hosted -
possible we flonted proo. That was -
terrible this that me had to do that. when
& come hu h from has lon I evented to
while, but L-P ashed me terms her.
I was frontly delighted
P
20 l and very plase At I sunt it mill
en why Go have your one of
We
from years has
Thope Icsen he I that
your puch last very Wt was
thirdy insurance. It was Xample
DECLASSIFIED
E.O. 12958, Sec. 3.5
NSC Memo, 11/24/98, State Dept. Guidelines
By KBH , NARA, Date 3/22/00
to people arm lc world. The
mosencha hall. woren fuling in J
P
L hope Jone have a pleasant story
hu. we have hum to Unifered and
chee - - to Questo Usupando.
winnard that - K has spate
very Prim lighly of a place on the fercator
We
Cancol?). It-s is a lowly plant
Cresider your have - stanch
initation- - for y any the at all.
The Earahier in breh an l this
is me much brow, grivacy there just at
P
I appic your wish you
C best during you stay here.
FORD LIBRARY & 06
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"ocrText": "File scanned from the National Security Adviser's Memoranda of Conversation Collection at the Gerald R. Ford Presidential Library\nMEMORANDUM\nDECLASSIFIED\nE.O. 12958, Sec. 3.5\nTHE WHITE HOUSE\nNSC Memo, 11/24/98, State Dept. Guidelines\nWASHINGTON\nBy KAH , NARA, Date 3/22/00\nCONF IDENTIAL\nMEMORANDUM OF CONVERSATION\nPARTICIPANTS:\nPresident Ford\nAmbassador Margain, Mexican Ambassador\nBrent Scowcroft, Assistant to the President\nfor National Security Affairs\nDATE AND TIME:\nThursday, January 13, 1977\nFORD\n2:26 - 2:58 p.m.\n&\nPLACE:\nThe Oval Office\nGERALD\nLIBRARY\nSUBJECT:\nPresentation of Credentials\n[The press enters and takes photographs. There is a discussion of the\nAmbassador's career and the previous tour here. The press departs. ]\nThe President: We enjoyed having your new President and his wife and\ntwo children here last fall.\nMargain: Yes, he came as President-elect.\nThe President: We enjoyed the visit and I am sure he will have a success-\nful Presidency. Is it a six or seven year term?\nMargain: Six, with no reelection. That was part of the revolution.\nBefore, he had a President who served for thirty years.\nThe President: Isn't Lopez-Portillo's background in finance?\nMargain: He was my successor as Secretary of the Treasury. When he\ncame in, I went to London. It was a lovely experience.\nThe President: You should have helped them with their finances.\nMargain: They were similar. The British floated the pound and we floated\nthe peso. That was a terrible thing that we had to do that. When I came\nback from London I wanted to retire, but Lopez-Portillo asked me to\ncome here. I was frankly delighted.\nCONFIDENTIAL\nCONFIDENTIAL\n2\nThe President: We are very pleased and I am sure it will be very\nhelpful to have someone of your experience here.\nMargain: I hope I can be useful. I thought your speech last night [the\nState of the Union] was truly memorable. It was an example to people\naround the world. There was such a warm feeling in the hall.\nThe President: I hope you have a pleasant stay here. We have been to\nMexico only once -- to Puerto Vijando. We would like to go back. Henry\nhas spoken very highly of a place on the Yucatan Peninsula.\nMargain: Cancun. It is a lovely place, and please consider you have a\nstanding invitation -- for any time at all. The Caribbean is lovely and\nthere is much privacy there. Just let me know.\nThe President: I appreciate your thoughtfulness and wish you the best\nduring your stay here.\nGERALD LIBRABY ? FORD\nCONFIDENTIAL\nP/anb\nOF\nFORD\n(Prusin)\n77 1 cc\n226\n258\nGERALD\nLIBRARY\n1.\nDecession of amb's caver + pumps Tome\nhere\n(Presont)\nP\nwe enjoyed having your was Prwife + C chich\nhere last fall\nm\nHecmmos of Petect.\nP\nWe int & I fines he will have\na www.ful to Rusing\nIs it a 6 or 7 r term\nm\n6, w/ w up relection That mas part of\nunderstan Before, P sund for 30 yes,\nP\nsut L-P ba hypend in funciver\nm\nHeras my hicesores Sec Treasery. when\nhe came in, Irent to hondon It was a\nlarry expremence\nP\nyou should home helped chen m/ their fromer-\nm\nThey areu services The Birts Hosted -\npossible we flonted proo. That was -\nterrible this that me had to do that. when\n& come hu h from has lon I evented to\nwhile, but L-P ashed me terms her.\nI was frontly delighted\nP\n20 l and very plase At I sunt it mill\nen why Go have your one of\nWe\nfrom years has\nThope Icsen he I that\nyour puch last very Wt was\nthirdy insurance. It was Xample\nDECLASSIFIED\nE.O. 12958, Sec. 3.5\nNSC Memo, 11/24/98, State Dept. Guidelines\nBy KBH , NARA, Date 3/22/00\nto people arm lc world. The\nmosencha hall. woren fuling in J\nP\nL hope Jone have a pleasant story\nhu. we have hum to Unifered and\nchee - - to Questo Usupando.\nwinnard that - K has spate\nvery Prim lighly of a place on the fercator\nWe\nCancol?). It-s is a lowly plant\nCresider your have - stanch\ninitation- - for y any the at all.\nThe Earahier in breh an l this\nis me much brow, grivacy there just at\nP\nI appic your wish you\nC best during you stay here.\nFORD LIBRARY & 06"
}