Nixon White House Tapes › Tape 21 › Conversation 021-081

Nixon phone call with Connally on International Monetary Affairs

Tuesday, March 14, 1972 · 7:10 PM–7:19 PM ET · White House Telephone

ParticipantsNixon, Richard M. (President); Connally, John B.Conversation021-081 on Tape 21 (tape position 03:05:12–03:14:08)StartTuesday, March 14, 1972 at 7:10 PMEndTuesday, March 14, 1972 at 7:19 PMRecording deviceWhite House TelephoneSourceNixon Library record for 021-081 ↗

President Nixon and John B. Connally discussed the need for greater presidential control over conflicting economic statements issued by the Council of Economic Advisors and the State Department. The pair specifically addressed concerns regarding currency controls, international monetary policy, and recent press statements made by Herbert Stein, Marina von N. Whitman, and Nathaniel Samuels. Connally briefed the President on his upcoming speech to the Foreign Policy Council in New York, aiming to align the administration's public position on economic and trade issues.

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This conversation has not yet been cut into its own clip, so the player above contains the full tape segment shared with neighbouring conversations. It begins about 03:05:12 into the tape and ends around 03:14:08.

No transcript is available yet for this conversation. The recording may contain no audible speech, or it may not have been processed.

On March 14, 1972, President Richard M. Nixon and John B. Connally talked on the telephone from 7:10 pm to 7:19 pm. The White House Telephone taping system captured this recording, which is known as Conversation 021-081 of the White House Tapes.

Conversation No. 21-81

Date: March 14, 1972
Time: 7:10 pm - 7:19 pm
Location: White House Telephone

John B. Connally talked with the President.

     Economics
         -International monetary affairs
               -Herbert Stein’s statement
                     -Currency controls
                           -Council of Economic Advisors [CEA]
                           -Exchange controls in Europe
                                 -Effect on businessmen
                           -International monetary disequilibrium
                                 -Currency policy
               -Marina von N. Whitman statements
                     -Interest rates
                     -Industrial prices
                     -Price controls
                           -Lumber, metals and hides
               -Nathaniel Samuels
                     -Press conference at State Department
                     -Arthur F. Burns
               -Connally’s forthcoming speech
                     -Foreign Policy Council in New York

      -State Department and the CEA
      -Administration policy
      -Talk with the President
-Whitman
-Stein
-Samuels
-The President’s view
-Connally’s forthcoming speech
-Connally’s previous conversation with H.R. (“Bob”) Haldeman
-Policy
-Whitman
-Stein
-Samuel’s press conference
      -The President’s view
      -US control
      -Group of Ten
-Connally’s forthcoming speech
      -Foreign Policy Council in New York
      -Administration position
-Samuels
-Whitman
      -The President’s view
      -Dow Jones
-Connally’s role
-Statements
      -Stein
            -The President’s view
      -Burns
      -CEA
      -State Department
-Control by the President
-Connally’s schedule
      -New York
      -Business leaders meeting
            -Walter N. Thayer
      -Forthcoming meeting
      -Speech
            -Foreign Relations Council
-The President’s view
      -CEA
-Samuels’ press conference
      -Connally’s talk with William P. Rogers

                           -Rogers’ awareness
                     -Connally’s forthcoming speech
                           -Story
                -Ronald L. Ziegler’s press statement
  • 021-075 7:03 PM · 32 sec — President Richard M. Nixon and Craig S. Campbell talked on the telephone from 7:03 pm to 7:04 pm.
  • 021-076 7:04 PM · 10 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 7:04 pm and 7:05 pm.
  • 021-077 7:05 PM · 24 sec — President Richard M. Nixon and Craig S. Campbell talked on the telephone from 7:05 pm to 7:06 pm.
  • 021-078 7:06 PM · 9 sec — President Richard M. Nixon and the White House operator talked on the telephone at 7:06 pm.
  • 021-079 7:06 PM · 31 sec — President Richard M. Nixon and Manolo Sanchez talked on the telephone from 7:06 pm to 7:07 pm.
  • 021-080 7:07 PM · 13 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 7:07 pm and 7:10 pm.
  • 021-082 7:19 PM · 9 sec — President Richard M. Nixon and the White House operator talked on the telephone at 7:19 pm.
  • 021-083 7:19 PM · 39 sec — President Richard M. Nixon and H. R. ("Bob") Haldeman talked on the telephone from 7:19 pm to 7:20 pm.

Conversation 021-081, March 15, 1972. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/021-081 (accessed October 2, 2026).