Nixon White House Tapes › Tape 7 › Conversation 007-138

Nixon phone call with Haig on Wage-price freeze and Economic policy

Sunday, August 15, 1971 · 10:40 PM–10:42 PM ET · White House Telephone · 2 min

ParticipantsNixon, Richard M. (President); Haig, Alexander M., Jr.Conversation007-138 on Tape 7 (tape position 05:13:29–05:15:30)StartSunday, August 15, 1971 at 10:40 PMEndSunday, August 15, 1971 at 10:42 PMRecording deviceWhite House TelephoneSourceNixon Library record for 007-138 ↗ · National Archives Catalog, NAID 417189563 ↗

President Nixon and Alexander Haig discuss the initial positive reception to Nixon’s televised address announcing a wage-price freeze. Haig reports favorable feedback from a broad range of political and economic figures, noting that the speech successfully projected a crisp and confident tone. The conversation concludes with a brief update on Henry Kissinger’s ongoing, private negotiations regarding Vietnam, which the President hopes will be effectively camouflaged by the economic policy announcement.

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On August 15, 1971, President Richard M. Nixon and Alexander M. Haig, Jr. talked on the telephone from 10:40 pm to 10:42 pm. The White House Telephone taping system captured this recording, which is known as Conversation 007-138 of the White House Tapes.

Conversation No. 7-138

Date: August 15, 1971
Time: 10:40 pm - 10:42 pm
Location: White House Telephone

Alexander M. Haig, Jr. talked with the President.

     Wage-price freeze speech
         -Haig's reaction
         -Others' reaction
               -Michael J. (“Mike”) Mansfield
               -Jacob K. Javits
               -J. Kenneth Galbraith
               -Milton Friedman
               -Frank R. Milliken
               -Industry
                     -Chrysler
                -Freeman Gosden

     Vietnam negotiations
          -Henry A. Kissinger

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Hello.
Hello, Mr. President.
Hi, Al.
Yeah.
Sir, I thought that was superb, just first class.
Well, we had to lay it on the line, you know.
Well, I've got the first reports in from various people that have a special interest in Mansfield.
Yeah.
Harsh but very necessary measures.
You welcomed them.
Good, good, good, good.
Javits, of course, very high.
Good, good.
Even Galbraith...
said that the wage price freeze was sound policy.
Good.
He asked for more permanency.
I know, but we're not going to do that.
The only guy who didn't like it was Milton Friedman in Chicago.
Well, he wouldn't.
No, he wouldn't.
Milliken, the governor of Michigan, very high.
It could be as significant as the China announcement was earlier.
Industry, for the most part, no reaction.
Chrysler said it was very pleased, of course.
Mm-hmm.
So we're getting, I got a call from the coast from Freeman Godson.
He said that everyone out there is delighted to... Godson for that?
Good, good.
The speech, I think, sir, as I read it, before you gave it, I thought it was going to be a tough job to give.
I think you gave it exactly the right way, crisp and confident.
And the end of it, which could have been pedantic, had it not been delivered properly this morning,
Well, Henry's over there, huh?
Yes, sir, he is.
We've heard nothing.
Oh, you won't, sure.
No sign.
He meets tomorrow, doesn't he?
Do you meet today?
Yes, he meets tomorrow.
Good.
Well, this will camouflage what he's doing.
Yes, very well.
Okay, Al.
Good of you to call.
Yes, sir.
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  • 007-136 10:37 PM · 13 sec — President Richard M. Nixon and the White House operator talked on the telephone at 10:37 pm.
  • 007-137 10:37 PM · 2 min — President Richard M. Nixon and James D. Hodgson talked on the telephone from 10:37 pm to 10:38 pm.
  • 007-167 10:38 PM · 11 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 10:38 pm and 10:40 pm.
  • 007-139 10:43 PM · 19 min — President Richard M. Nixon and H. R. ("Bob") Haldeman talked on the telephone from 10:43 pm to 11:01 pm.

Conversation 007-138, August 15, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives (NAID 417189563). Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/007-138 (accessed October 30, 2026).