Conversation 005-066

TapeTape 5StartMonday, June 14, 1971 at 4:34 PMEndMonday, June 14, 1971 at 6:46 PMTape start time02:07:35Tape end time02:07:42ParticipantsNixon, Richard M. (President);  White House operatorRecording deviceWhite House Telephone

On June 14, 1971, President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 4:34 pm and 6:46 pm. The White House Telephone taping system captured this recording, which is known as Conversation 005-066 of the White House Tapes.

Conversation No. 5-66

Date: June 14, 1971
Time: Unknown between 4:34 pm and 6:46 pm
Location: White House Telephone

The President talked with the White House operator.

[See Conversation No. 519-16]

     Call to George P. Shultz

                                                                      Conversation
                                                                      Conv. No. 5-66
                                                                                   No.
                                                                                     (cont.)
                                                                                       5-67

Date: June 14, 1971
Time: 6:46 pm - 6:57 pm
Location: White House Telephone

The President talked with George P. Shultz.

[See Conversation No. 519-17A]

     President's schedule
          -Meeting with Quadriad
                 -John B. Connally

     Economy
         -Expansion
         -Inflation
               -Arthur F. Burns’ figures
               -Budget and monetary policy
               -Wage and labor cost figures
         -US businessmen's lack of confidence in US
               -Burns’ opinion
               -Previous meeting of Business Council
         -Impact of increase in output per manhour on labor costs
               -National City Bank report in H.R. (“Bob”) Haldeman's office
         -Paul W. McCracken
         -Economic condition of Armor division of Greyhound Corporation
               -Shultz's conversation with unknown man
         -Plant-equipment expenditures in American business
         -Inventory expansion
               -Sales
         -Retail sales (May 1971 figures)
               -McCracken's memo to President
               -Revising of figures
               -Sears, Montgomery Ward, J.C. Penney's

          -Unemployment and expansion of U.S. economy
              -Decline of actual unemployment
              -Seasonal factors in unemployment
              -Armed forces discharges and employment of veterans
          -Wage and price control system
              -Costs
              -Novelty

This transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.

George Shultz, please.
Thank you.