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On June 13, 1973, President Richard M. Nixon, Vice President Spiro T. Agnew, George P. Shultz, Herbert Stein, John T. Dunlop, and bipartisan Congressional leaders, including Michael J. ("Mike") Mansfield, Hugh Scott, Robert P. Griffin, John G. Tower, Russell B. Long, Wallace F. Bennett, William Proxmire, Jacob K. Javits, Milton R. Young, Carl B. Albert, Thomas P. ("Tip") O'Neill, Jr., Gerald R. Ford, Leslie C. Arends, Wright Patman, William B. Widnall, Herman T. Schneebeli, Roy L. Ash, Alexander M. Haig, Jr., Ronald L. Ziegler, Kenneth R. Cole, Jr., William E. Timmons, Thomas C. Korologos, Max L. Friedersdorf, John J. McFall, and members of the press, met in the Cabinet Room of the White House from 5:42 pm to 6:52 pm. The Cabinet Room taping system captured this recording, which is known as Conversation 126-002 of the White House Tapes. Topics include: The President met with Vice President Spiro T. Agnew, George P. Shultz, Herbert Stein, John T. Dunlop, Michael J. ("Mike") Mansfield, Hugh Scott, Robert P. Griffin, John G. Tower, Russell B. Long, Wallace F. Bennett, William Proxmire, Jacob K. Javits, Milton R. Young, Carl B. Albert, Thomas P. ("Tip") O'Neill, Jr., Gerald R. Ford, Leslie C. Arends, Wright Patman, William B. Widnall, Herman T. Schneebeli, Roy L. Ash, General Alexander M. Haig, Jr., Ronald L. Ziegler, Kenneth R. Cole, Jr., William E. Timmons, Thomas C. Korologos, and Max L. Friedersdorf Attendees - Ash - Robert C. Byrd - John J. McFall Agenda [Previous archivists categorized this section as unintelligible. It has been rereviewed and released 01/04/2018.] [Unintelligible] [126-002- W003] [Duration: 38s] Seating arrangement Opinion of unknown person Location of store in Washington, DC General conversation Vietnam peace negotiations - Status - Timing - Communique - Henry A. Kissinger - Missing in Action [MIA] - Cease- Fire violations - Negotiations - Efforts - Laos, Cambodia - Continued negotiations - Kissinger - Importance - Timing of briefings, June 14, 1973 - Kissinger - Congress - Press - President's view - Vietnam US- Soviet Union summit - Leonid I. Brezhnev - President's conversation with Anatoliy F. Dobrynin, June 12, 1973 - Schedule - Agreements - Consultation with Congress - Negotiations - Schedule - Background work - Moscow - Signing ceremonies - Attendance, Location National economy Photos Members of the press and McFall entered at an unknown time after 5:42 pm [Previous archivists categorized this section as unintelligible. It has been rereviewed and released 01/04/2018.] [Unintelligible] [126-002- W004] [Duration: 1m 56s] Photo opportunity - Seat next to the President - Waiting for meeting attendees - Work schedules General conversation Members of the press left at an unknown time before 6:52 pm National economy - President's forthcoming speech - Distribution of text - Timmons - Shultz, Stein, and Dunlop briefing - Differences of opinion - Congress, organized labor, business, administration, economists - President's policies - Controls - Status - Growth rate - Earnings - Employment - Compared to post- World War II era - Inflation - Rate - Food prices - Wholesale prices - Compared to non- Food prices - Need to control - Policies - Growth rate - Effect on inflation - Status - Labor, business, and Congressional leaders - Views - Inflation - President's view - Congressional views -90- Day freeze - Controls - Prices, wages, interest rates - Effects - Controls - President's view - Post- World War II experience - Long- Term problem - President's policy - Phase III - Food prices - Problems - President's plan - Goals - Inflation - Decisions - Congressional action - Freeze - Applicability - Wages - Reasons - Business and labor leaders - Settlements - Teamsters' Union, United Auto Workers - Leonard Woodcock - Food prices - Rents - Reasons - New York City - Interest, dividends - Continuing control - Executive salaries - Publicity - Cost of Living Council [COLC] - Freeze - Duration - Follow- Up - Congressional and Administration action - Phase IV - Aspects - Food - Farmers - President's forthcoming visit to Pekin, Illinois - Everett M. Dirksen - Demand - Meat and poultry - Weather - Disaster relief - Earl L. Butz's views concerning corn - Future - Prices - Effect of increased demand and fewer supplies - Possible freeze of raw agricultural products - President's view - Farm legislation - Possible effects - Exports - Foreign policy experts, Treasury Department, and farmers - Balance of payments - Priority - Domestic supply - Regulation - Congressional action - Possible amendment to Economic Stabilization Act - Trading with the Enemy Act - President's view - Possible amendment to Economic Stabilization Act - Pending trade bill, Economic Stabilization Act - Committees - Possible legislation - Disposition of surplus commodities - Federal budget - Spending controls - President's plan - Forthcoming speech - Phase IV - Schedule - Pre- Notification Energy - Gasoline prices - President's orders to Dunlop - Alaska pipeline legislation - Supply - Canada pipeline - President's forthcoming message to Congress - Timing - Gasoline prices - Middle East oil producers - Nationalization of Nelson Bunker Hunt Company - Europe, Japan - Supply - World supply - Europe and Japan - Alaska pipeline - Coal - Nuclear power National economy - President's plan - Follow- Up to freeze - Controls - Temporary and short- Term controls - Effect on families - Raw agricultural products - Gasoline prices - Food prices - Raw agriculture products - Wheat - Corn - Soybeans - Effect of weather - Fuel problems - Effect - Wheat crop expectation - Gasoline supplies - Gasoline - William E. Simon's hearings - Economic Stabilization Act - Independent distributors and major suppliers - Congressional cooperation - Surtax - Arthur F. Burns' view - Short- Term solution - Immediate needs - Possible Congressional legislation - Tax bill - Possibility - Burns' conversation with the President - Economic Stabilization Act - Executive authority - Supplies to independent distributors - Surtax - Shultz's forthcoming meeting with Congressmen - President's plan - Freeze - Applicability - Wages, prices, raw agricultural products, rents - Duration - Reasons - Consultations on follow- Up - Base period - Phase IV - Possible rollbacks - Phase III - Base period - Background - Popular expectations - Long's view - Burns' views - Federal budget - Balanced budget - Possible tax increase - Debt - Food - Feed lot owners - Broilers - President's plan - Independent oil distributors - Voluntary compared to mandatory allocations - Long's view - Voluntary compared to mandatory allocations - Simon's hearings President's schedule - Forthcoming speech President's previous visit to Moscow - Handling of signing agreements President's schedule - Brezhnev's visit - Agreements - Briefings of Congressmen - Kissinger, William P. Rogers - Attendees - President's Moscow agreements - Publicity - Briefings of Congressmen - Haig - Timmons, Kissinger - Agenda - Washington, Camp David - Briefings of Congressmen - General Brent G. Scowcroft, Haig, Kissinger, Rogers, President - Location - Kissinger and President's briefings [Previous archivists categorized this section as unintelligible. It has been rereviewed and released 01/04/2018.] [Unintelligible] [126-002- W005] [Duration: 1m 19s] Farewells General conversation The President, et al. left at 6:52 pm. Participants: Nixon, Richard M. (President); Agnew, Spiro T. (Vice President); Shultz, George P.; Stein, Herbert; Dunlop, John T.; Mansfield, Michael J. ("Mike"); Scott, Hugh; Griffin, Robert P.; Tower, John G.; Long, Russell B.; Bennett, Wallace F.; Proxmire, William; Javits, Jacob K.; Young, Milton R.; Albert, Carl B.; O'Neill, Thomas P. ("Tip"), Jr.; Ford, Gerald R.; Arends, Leslie C.; Patman, Wright; Widnall, William B.; Schneebeli, Herman T.; Ash, Roy L.; Haig, Alexander M., Jr.; Ziegler, Ronald L.; Cole, Kenneth R., Jr.; Timmons, William E.; Korologos, Thomas C.; Friedersdorf, Max L.; McFall, John J.