{"conversationCode":"003-094","tapeNumber":3,"conversationNumber":94,"identifier":"37-wht-conversation-003-094","startDateTime":"1971-05-20T19:56:00.000Z","endDateTime":"1971-05-20T19:57:00.000Z","startDate":"20-May-1971","startTime":"3:56 PM","endDate":"20-May-1971","endTime":"3:57 PM","dateCertainty":"certain","timeCertainty":"certain","participants":"Nixon, Richard M. (President); Shultz, George P.;","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.","locationCode":"WHT","recordingDevice":"White House Telephone","latitudeEstimated":38.89767,"longitudeEstimated":-77.03655,"chronCode":1,"chronRelease":"First Chronological Release","chronReleaseDate":"5-Oct-1999","aogpRelease":null,"aogpSegment":null,"lastModified":"2015-07-27T17:04:10.235Z","findingAid":"Conversation No. 3-94\n\nDate: May 20, 1971\nTime: 3:56 pm - 3:57 pm\nLocation: White House Telephone\n\nThe President talked with George P. Shultz.\n\n[See Conversation No. 502-20D]\n\n     Consumer Price Index [CPI] figures\n                                              52\n\n                           NIXON PRESIDENTIAL MATERIALS STAFF\n\n                                      Tape Subject Log\n                                         (rev. 9/08)","filename":["003-094.mp3"],"tapeStart":"01:52:01","tapeEnd":"01:52:27","participantsList":["Nixon, Richard M. (President)","Shultz, George P."],"prevCode":"003-093","nextCode":"003-095","transcript":[{"start":0.03,"end":1.65,"text":"On the button, sir."},{"start":1.67,"end":1.79,"text":"Hello."},{"start":1.81,"end":2.8,"text":"Mr. President?"},{"start":2.82,"end":2.92,"text":"Yeah."},{"start":2.94,"end":6.08,"text":"On the consumer's price index figure, we have another good reading."},{"start":7.26,"end":7.54,"text":"Yeah."},{"start":7.62,"end":8.37,"text":"Not too bad, huh?"},{"start":8.38,"end":11.53,"text":"It's up three-tenths, both unadjusted and seasonally adjusted."},{"start":11.55,"end":11.99,"text":"That's good."},{"start":12.01,"end":12.61,"text":"Good, good."},{"start":12.83,"end":19.66,"text":"So running the year so far on a seasonally adjusted basis, we have three-tenths, two-tenths, two-tenths, three-tenths."},{"start":19.68,"end":20.73,"text":"So we're staying right in there."},{"start":21.35,"end":21.61,"text":"Good, good."},{"start":21.63,"end":23.01,"text":"Okay, great, great."},{"start":23.03,"end":24.35,"text":"Thanks."}],"aiSummary":{"text":"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.","topics":["Consumer Price Index","Economic policy","Inflation","George Shultz"],"generatedAt":"2026-04-05T21:29:10.528Z"},"topicSlugs":["consumer-price-index","economic-policy","inflation","george-shultz"],"audioDurationSec":25,"audioFiles":[{"file":"003-094.mp3","bytes":301985,"durationSec":24.61,"bitrate":98166,"missing":false}],"audioIsShared":false,"audioProbedAt":"2026-09-18T02:19:20.570Z","audio":["https://nixon.nyc3.digitaloceanspaces.com/audio/003-094.mp3"],"url":"https://www.easynixon.org/tapes/003-094","nixonLibraryUrl":"https://www.nixonlibrary.gov/white-house-tapes/3/conversation-003-094","license":"Public domain (U.S. Government work). AI-generated fields (transcript, aiSummary) are provided as-is without warranty."}