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Telecon The President 9:40 a. m. 10/31/69 The President wanted to make one point on a slight word change the speech (L.A.) discusses private investment. He would like to say here that private investment brings what Government investment does not bring to technology. K said he would put that in. Rockefeller would be coming in and K would go over the speech with him in the morning. K would be backgrounding with Mayer to the Congressional leaders. K indicated that he had talked to the L. A. Ambassadors and will cover the r est of the lest today. He didn't tell them what was in the speech but the spirit in which it was written. K said they all seemed very positive. K indicated to everyone that this is the first time an American President has addressed himself to all of the Latin American people. That point would be in the Pres. reading copy. The Pres. asked if there were any new developments in Lebanon. K said we didn't know what was really going on in Egypt. The Egyptians have indicated that they would amick avoid xkaxxxx clashes. K said he has worked out a contingency plan. K indicated that we have a request for arms. We are willing to fill their order but if money is a problem we will look for a means to finance it. If they want to increase their request we will act quickly. We will also supply covert actions. K indicated that this makes the Greek package all the more important. The President said we should slug the Greek thing right on the nose. K indicated that Keough had a number of 1-kiners for the VN speech which he would send over. The Pres. said this is the last he will take. K said he would be speaking to the Amb. before the speech. The NVN think the Pres. is going to offer unilateral withdrawals. If he speeks tough, klxexyx that may shake them up a bit. The President said if the establishment overreacts on the moratorium, what do you expect others to do. He thought that rather than discipline within the establishment the major thing that has made it hard is that whatever the Pres. tries to do, they say he woun't get away with it K thought it was interesting that Kraft said there might be some movement but he (Kiss) thinks they will wait until after Nov. 15. The DECLASSIFIED E.O. 12958, na amended, Sect 3.5 NLN 05-33/5 per etr 3 July 2008 By CIM NARA, Date 2 Apr 2009 Cp. 1of2] Reproduced at the Richard Nixon Presidential Library DECLASSIFIED This document has been reviewed pursuant to Executive Order 13526 and has been determined to be declassified.

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    "ocrText": "Telecon\nThe President\n9:40 a. m.\n10/31/69\nThe President wanted to make one point on a slight word change\nthe speech (L.A.) discusses private investment. He would like to say\nhere that private investment brings what Government investment does\nnot bring to technology. K said he would put that in. Rockefeller would\nbe coming in and K would go over the speech with him in the morning.\nK would be backgrounding with Mayer to the Congressional leaders. K\nindicated that he had talked to the L. A. Ambassadors and will cover the\nr est of the lest today. He didn't tell them what was in the speech but the\nspirit in which it was written. K said they all seemed very positive.\nK indicated to everyone that this is the first time an American President\nhas addressed himself to all of the Latin American people. That point\nwould be in the Pres. reading copy.\nThe Pres. asked if there were any new developments in Lebanon. K said\nwe didn't know what was really going on in Egypt. The Egyptians have\nindicated that they would amick avoid xkaxxxx clashes. K said he has worked\nout a contingency plan. K indicated that we have a request for arms.\nWe are willing to fill their order but if money is a problem we will look\nfor a means to finance it. If they want to increase their request we will\nact quickly. We will also supply covert actions. K indicated that this\nmakes the Greek package all the more important. The President said we\nshould slug the Greek thing right on the nose.\nK indicated that Keough had a number of 1-kiners for the VN speech which\nhe would send over. The Pres. said this is the last he will take. K said\nhe would be speaking to the Amb. before the speech. The NVN think the\nPres. is going to offer unilateral withdrawals. If he speeks tough, klxexyx\nthat may shake them up a bit. The President said if the establishment\noverreacts on the moratorium, what do you expect others to do. He thought\nthat rather than discipline within the establishment the major thing that has\nmade it hard is that whatever the Pres. tries to do, they say he woun't get\naway with it K thought it was interesting that Kraft said there might\nbe some movement but he (Kiss) thinks they will wait until after Nov. 15. The\nDECLASSIFIED\nE.O. 12958, na amended, Sect 3.5\nNLN 05-33/5 per etr 3 July 2008\nBy CIM\nNARA, Date 2 Apr 2009\nCp. 1of2]\nReproduced at the Richard Nixon Presidential Library\nDECLASSIFIED\nThis document has been reviewed pursuant to Executive Order 13526 and has been determined to be declassified."
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