Conversation: 039-141Prev: 039-140 Next: 039-142
Start Date: 7-Jun-1973 7:33 PM
End Date: 7-Jun-1973 7:41 PM
Participants:White House operator; Nixon, Richard M. (President); Connally, John B.;
Recording Device: White House Telephone
On June 7, 1973, White House operator, President Richard M. Nixon, and John B. Connally talked on the telephone from 7:33 pm to 7:41 pm. The White House Telephone taping system captured this recording, which is known as Conversation 039-141 of the White House Tapes.
Nixon Library Finding Aid:
Conversation No. 39-141 Date: June 7, 1973 Time: 7:33 pm - 7:41 pm Location: White House Telephone The White House operator talked with the President. Incoming telephone call The President talked with John B. Connally. Connally’s schedule National economy -Wholesale Price Index -Increase -Need for action -Telephone calls to George P. Shultz -Labor, industry opposition to wage and price freeze -Price freeze -Wholesale Price Index -115- NIXON PRESIDENTIAL LIBRARY AND MUSEUM Tape Subject Log (rev. February-2011) Conversation No. 39-141 (cont’d) -Industrial commodities compared with food -Food -Compared with Phase II price controls -60-day freeze -Congressional legislation -Phase II price controls -Exceptions -Compared to Phase III -Inflation -Connally’s prediction -President’s support -Need for action -Tax surcharge -Exemptions -Effect -Consumer credit -Inflation -Effects on production -Chemical industry -Paper mills -Newspaper supply -Rationing -West Coast -Need for comprehensive action -Connally’s assessment -Congressional legislation -Labor opposition -Wage freeze -Controls -Profits -Prices -Freeze -Increases -Ceiling -Compared to wages -Impact -Cost of Living Council [COLC] -Connally’s role -116- NIXON PRESIDENTIAL LIBRARY AND MUSEUM Tape Subject Log (rev. February-2011) Conversation No. 39-141 (cont’d) -Meeting with Shultz, Peter J. Brennan -Deliverables -Price freeze -Free market competition -COLC meetings -President’s forthcoming speech on national economy -Need for action -Price freeze -Roy L. Ash’s viewpoint -Shultz’s support -60-day freeze President’s schedule -Trip to Key Biscayne