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Conversation: 007-112

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Start Date: Thursday, August 12, 1971 4:01 PM

End Date: Thursday, August 12, 1971 4:12 PM

Participants:

Nixon, Richard M. (President)Connally, John B.

Recording Device: White House Telephone

Full Tape Conversation Start Time: 03:57:00

Full Tape Conversation End Time: 04:07:52

007-112.mp3

NARA Description:

On August 12, 1971, President Richard M. Nixon and John B. Connally talked on the telephone from 12:01 pm to 12:12 pm. The White House Telephone taping system captured this recording, which is known as Conversation 007-112 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 7-112

Date: August 12, 1971
Time: 12:01 pm - 12:12 pm
Location: White House Telephone

The President talked with John B. Connally.

[See Conversation No. 562-2B]

     Connally's schedule

     The President's schedule
          -Meeting with Connally
          -Meeting with Paul A. Volcker

     Gold market
          -Developments
          -Timing
                                   69

               NIXON PRESIDENTIAL MATERIALS STAFF

                           Tape Subject Log
                             (rev. 10/08)



     -International moves
     -Domestic moves
-Actions
     -Leak
     -Domestic front
           -International front
                 -Negotiating position
           -Wage-price freeze                                Conv. No. 7-112 (cont.)
           -Investment tax credit
           -Wage-price freeze
                 -The President's talk with George P. Shultz
                       -Congress
           -Import tax
                 -Shultz
                 -Edward M. (“Ted”) Kennedy
                 -Raw materials
                 -Administrative compared with Congressional action
           -Congress
                 -Budget revision
                 -Investment tax credit
                 -Acceleration of personal income
           -International monetary meeting
           -Negotiations
-Psychological effects
     -Closing gold window and floating dollar
     -Panic
-Domestic
     -Wage-price freeze
     -Import tax
     -International effects
-Announcement timing
     -Connally
           -Gold window
     -President
-Congress
     -Tax measures
-Actions
     -International front
           -Domestic front
                 -Shultz
                 -Positive action
                                             70

                           NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/08)



                           -Timing
                           -Arthur F. Burns
                                -International bankers
                                      -Import tax

     Connally's schedule

                                                                Conv. No. 7-112 (cont.)