Conversation 007-151

TapeTape 7StartSunday, August 15, 1971 at 11:22 PMEndSunday, August 15, 1971 at 11:24 PMTape start time05:45:14Tape end time05:45:22ParticipantsNixon, Richard M. (President);  White House operatorRecording deviceWhite House Telephone

President Nixon contacted the White House operator to place an urgent call to Federal Reserve Chairman Arthur F. Burns. This request followed the President's public announcement earlier that day regarding his 'New Economic Policy,' which included the suspension of the gold standard and the imposition of wage and price controls. The call was initiated to facilitate high-level communication between the President and his top monetary advisor during a critical period of economic transition.

Arthur F. BurnsNew Economic PolicyFederal ReserveEconomic policyGold standardNixon administration

On August 15, 1971, President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 11:22 pm and 11:24 pm. The White House Telephone taping system captured this recording, which is known as Conversation 007-151 of the White House Tapes.

Conversation No. 7-151

Date: August 15, 1971
Time: Unknown between 11:22 pm and 11:24 pm
Location: White House Telephone

The President talked with the White House operator.

     Requested a call to Arthur F. Burns

This transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.

Yes, please.
Dr. Burns.
Dr. Burns.