Nixon White House Tapes › Tape 3 › Conversation 003-094
Nixon phone call with Shultz on Consumer Price Index and Economic policy
Thursday, May 20, 1971 · 3:56 PM–3:57 PM ET · White House Telephone · 25 sec
AI Summary
President Nixon and George Shultz spoke to review the latest Consumer Price Index (CPI) figures. Shultz reported a consistent upward trend of approximately two to three-tenths of a percent for the year, which Nixon acknowledged as a positive outcome. The conversation served as a brief progress update on economic indicators.
- Consumer Price Index
- Economic policy
- Inflation
- George Shultz
Audio
Transcript (AI-generated)
This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Names and numbers are often wrong; speakers are not identified. Do not cite it as authoritative — verify against the audio and the finding aid.
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NARA Description
On May 20, 1971, President Richard M. Nixon and George P. Shultz talked on the telephone from 3:56 pm to 3:57 pm. The White House Telephone taping system captured this recording, which is known as Conversation 003-094 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 3-94
Date: May 20, 1971
Time: 3:56 pm - 3:57 pm
Location: White House Telephone
The President talked with George P. Shultz.
[See Conversation No. 502-20D]
Consumer Price Index [CPI] figures
52
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 9/08)Also recorded on May 20, 1971
- 502-020 2:47 PM · 1 hr 6 min — President Richard M. Nixon, John D. Ehrlichman, George P. Shultz, Stephen B. Bull, H. R. ("Bob") Haldeman, White House operator, unknown person(s) [Arnold R. Weber's secretary], Henry A. Kissinger, White House operator, and Rose Mary Woods met in the Oval Office of the White House from 2:47 pm to 3:58 pm.
- 003-089 3:15 PM · 13 sec — President Richard M. Nixon, the White House operator, and Arnold R. Weber's secretary, Mrs. [First name unknown] Lee talked on the telephone at an unknown time between 3:15 pm and 3:43 pm.
- 003-090 3:43 PM · 39 sec — President Richard M. Nixon and Arnold R. Weber's secretary, Mrs. [First name unknown] Lee talked on the telephone from 3:43 pm to 3:44 pm.
- 003-091 3:49 PM · 3 sec — President Richard M. Nixon, White House operator, and Henry A. Kissinger talked on the telephone at an unknown time between 3:49 pm and 3:53 pm.
- 003-092 3:51 PM · 3 sec — President Richard M. Nixon, White House operator, and Rose Mary Woods talked on the telephone at 3:51 pm.
- 003-093 3:51 PM · 24 sec — President Richard M. Nixon, White House operator, and H. R. ("Bob") Haldeman talked on the telephone at an unknown time between 3:51 pm and 3:56 pm.
- 003-095 3:57 PM · 4 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 3:57 pm and 7:46 pm.
- 502-021 3:58 PM · 19 sec — unknown person(s) met in the Oval Office of the White House at an unknown time between 3:58 pm and 9:43 pm.
Cite this conversation
Conversation 003-094, May 20, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/003-094 (accessed October 23, 2026).