URL: https://digitalcollections.hoover.org/objects/386 Collection Structure Commonwealth Club of California records > Sound recordings of club programs > The Lockheed Story and the President's New Economic Program Item Title The Lockheed Story and the President's New Economic Program Collection Title Commonwealth Club of California records Speaker Pierce, Samuel R. (1922-2000) Date Created September 24, 1971 Description Pierce reports on the U.S. Treasury's role in the Lockheed project. Fearing that Lockheed would fail, the U.S. government stepped in and guaranteed loans of up to $250 million to Lockheed, which the treasury was responsible for. On President Nixon's economic program, Pierce lists eight component measures, asserts that it does not favor businesses, and explains why Nixon did not freeze interest rates. Subject(s) United States Nixon, Richard M. (Richard Milhous), 1913-1994 Lockheed Aircraft Corporation Economic policy Language(s) English Country of Origin United States Place Recorded San Francisco, California, United States Format Sound Recording Medium speeches (documents) Hoover ID Program 19710924; 2003c87_a_0008845 Record Number 2003C87.485 Collection Guide https://oac.cdlib.org/findaid/ark:/13030/kt3g5032c1 Rights Used with permission of the Commonwealth Club of California.This copy is provided for educational and research purposes only. No publication, further reproduction, or reuse of copies, beyond fair use, may be made without the express written permission of the copyright owner.