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From Khachigian to Buchanan RE: McGovern and Stock Market. 1 pg. [Subject: Campaign] [Memo], 6/13/1972
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26146551
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WHSF: Contested, 48-39
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26146551
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WHSF: Contested, 48-39
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This file contains:
From Khachigian to Buchanan RE: McGovern and Stock Market. 1 pg. [Subject: Campaign] [Memo], 6/13/1972
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Richard M. Nixon's Returned Materials Collection
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Richard Nixon Presidential Library
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48
39
6/13/1972
Campaign
Memo
From Khachigian to Buchanan RE:
McGovern and Stock Market. 1 pg.
Wednesday, June 03, 2015
Page 1 of 1
THE WHITE HOUSE
WASHINGTON
F,b
June 13, 1972
MEMORANDUM FOR:
PAT BUCHANAN
the
FROM:
KEN KHACHIGIAN
Herewith a minor sample of the apprehension over the
McGovern Market. 11 The stock market downturn of the week of
the California primary has been attributed directly to McGovern
in many quarters. It is likely that. should McGovern be nom
inated on July 12, the market is going to drop on July 13.
Your idea about getting Pierre Rinfret to allude to this in one
of his newsletters is one approach. Also, as you suggested, the
Kiplinger letter ought to pick this thing up. We should have 1701
watch for all these kinds of newsletters coming out of Wall Street,
and at the appropriate time we should paste them up (with a classic
Frank Leonard job) and get them out to the entire financial community
in a direct mail operation. I would think that Maurice Stans would
love to have this in his hand when he goes out looking for contributors.
The idea of stock market crash should McGovern be elected is
something that should be freely talked about. Millions OI voters are
investors, directly or indirectly, and nothing would scare them more
than the thought of a financial community collapse should George get in.
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