Nixon White House Tapes — Conversation 001-104
Date: Thursday, April 15, 1971 at 7:47 PM
Participants: Nixon, Richard M. (President); Connally, John B.
Recording device: White House Telephone
Source: https://www.easynixon.org/tapes/001-104

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative.

[3:34:51] Hi, John.
[3:34:51] Yes, sir.
[3:34:52] How are you, sir?
[3:34:53] Hope I didn't interrupt your dinner.
[3:34:54] Well, I may be restraining what I say.
[3:34:57] I'm sitting in Paul Young's restaurant.
[3:34:59] That's a good place, yeah.
[3:35:00] Early in C.R.
[3:35:01] Smith.
[3:35:02] I just, well, I just wanted to tell you that you must be a damn good Secretary of Treasury.
[3:35:07] The Dow went to 938 today.
[3:35:09] Did you hear that?
[3:35:10] God, did it really?
[3:35:11] It went up five points to 938.
[3:35:12] Did you see the headlines in the afternoon, Star?
[3:35:16] I couldn't believe it.
[3:35:19] John, tomorrow...
[3:35:20] Bunny Lasker's coming down to present me with a bull, you know, sort of a little medallion or some sort of thing.
[3:35:28] Yes, sir.
[3:35:28] At around 12.15.
[3:35:29] I thought if you could come over, it'd be a nice thing.
[3:35:32] All right, sir.
[3:35:33] Are you free?
[3:35:34] Yes, sir.
[3:35:35] Sure, I'll be there.
[3:35:35] Yeah.
[3:35:37] 12.15?
[3:35:37] Yeah, about 12.15.
[3:35:38] All right, sir.
[3:35:39] I think it's a good thing for us to, you know, when things are going our way, let's ride it a little and get the confidence.
[3:35:44] All right, great.
[3:35:45] Don't you think so?
[3:35:47] I'll say this, it bears our judgment.
[3:35:48] Thirty days ago, you recall, we went away to the middle of April and we thought the picture would look better then.
[3:35:55] And it sure does.
[3:35:58] You know, I think GM ever is to be extremely proud of where we're at.
[3:36:01] Well, you get the credit.
[3:36:02] You know, you came on and everybody got confidence.
[3:36:06] Well, tell CR not to sell.
[3:36:09] I'll tell him not to sell.
[3:36:10] He's pleased, though, with what Secor Brown did, isn't he?
[3:36:14] I haven't even talked to him, but I'm sure he is.
[3:36:16] Well, you're telling that wouldn't have happened unless we'd have put down our money.
[3:36:20] I couldn't agree more.
[3:36:21] I know it wouldn't have.
[3:36:22] That was one of the reasons we haven't done it.
[3:36:24] I'm going to pay him that.
[3:36:25] Great.
[3:36:25] Okay.
[3:36:26] All right, sir.
[3:36:27] Thank you.
[3:36:29] Yeah?
[3:36:30] Mr. Shillings, returning your call.