{"conversationCode":"014-078","tapeNumber":14,"conversationNumber":78,"identifier":"37-wht-conversation-014-078","startDateTime":"1971-11-12T01:24:00.000Z","endDateTime":"1971-11-12T01:25:00.000Z","startDate":"11-Nov-1971","startTime":"8:24 PM","endDate":"11-Nov-1971","endTime":"8:25 PM","dateCertainty":"certain","timeCertainty":"certain","participants":"Nixon, Richard M. (President); White House operator; Colson, Charles W.;","description":"On November 11, 1971, President Richard M. Nixon, White House operator, and Charles W. Colson talked on the telephone from 8:24 pm to 8:25 pm. The White House Telephone taping system captured this recording, which is known as Conversation 014-078 of the White House Tapes.","locationCode":"WHT","recordingDevice":"White House Telephone","latitudeEstimated":38.89767,"longitudeEstimated":-77.03655,"chronCode":2,"chronRelease":"Second Chronological Release","chronReleaseDate":"26-Oct-2000","aogpRelease":null,"aogpSegment":null,"lastModified":"2015-07-27T17:04:10.235Z","findingAid":"Conversation No. 14-78\n\nDate: November 11, 1971\nTime: 8:24 pm - 8:25 pm\nLocation: White House Telephone\n\nThe President talked with the White House operator.\n\n     Charles W. Colson\n\nThe President talked with Colson.\n\n[See Conversation No. 297-6]\n     Arthur F. Burns\n          -Statement in New York\n                -Inflation\n                -Effect on audience\n                      -Colson's forthcoming conversation with James F. Cleary","filename":["014-078.mp3"],"tapeStart":"02:27:06","tapeEnd":"02:28:30","participantsList":["Nixon, Richard M. (President)","White House operator","Colson, Charles W."],"prevCode":"014-077","nextCode":"014-079","transcript":[{"start":0.03,"end":2.01,"text":"Yeah."},{"start":2.03,"end":2.98,"text":"Mr. Colson, sir."},{"start":3,"end":3.28,"text":"Yeah."},{"start":3.3,"end":3.72,"text":"Yes, sir."},{"start":3.74,"end":5.76,"text":"Have you any report on Burns in New York yet?"},{"start":6.54,"end":8.14,"text":"I didn't get a firsthand report."},{"start":8.18,"end":11.49,"text":"There is a wire service story which came out."},{"start":11.51,"end":14.39,"text":"Apparently he was quoted."},{"start":14.41,"end":16.86,"text":"I have it here in my folder."},{"start":17.34,"end":22.32,"text":"It talked about, unfortunately, it talked about inflation."},{"start":22.34,"end":23.17,"text":"Yeah."},{"start":23.19,"end":24.55,"text":"Saying we're going to look at."},{"start":26.73,"end":26.83,"text":"Yeah."},{"start":27.18,"end":28.08,"text":"Well, hell, let me see."},{"start":28.52,"end":30.47,"text":"Oh, that's all right, if he says we're going to lick it."},{"start":30.49,"end":38.46,"text":"Well, the thrust of his remarks, Mr. President, I'm just trying to find it, what we took, but I thought I brought it home."},{"start":38.48,"end":42.02,"text":"Well, the main thing is the effect on those people, not the public."},{"start":42.3,"end":51.83,"text":"Why don't you check around and see how it affected that audience there, whether he gave them reassurances on liquidity, et cetera."},{"start":52.15,"end":52.41,"text":"Right."},{"start":52.83,"end":53.95,"text":"I will."},{"start":53.97,"end":57.66,"text":"I'll call somebody who was there."},{"start":57.72,"end":60.52,"text":"I can get an account from him tonight."},{"start":60.96,"end":62.74,"text":"Oh, here it is."},{"start":62.77,"end":63.15,"text":"I'm sorry."},{"start":63.37,"end":63.81,"text":"I do have it."},{"start":65.79,"end":66.45,"text":"The wire service."},{"start":66.67,"end":68.03,"text":"I don't want to be bothered with that."},{"start":68.23,"end":68.97,"text":"All right."},{"start":68.99,"end":71.38,"text":"Well, let me get a first-hand report from someone."},{"start":71.5,"end":72.98,"text":"That's the important thing, as you know."},{"start":73.46,"end":75.34,"text":"And would you like me to call you back with that tonight?"},{"start":77.46,"end":77.66,"text":"Yeah."},{"start":77.86,"end":78.2,"text":"Fine."},{"start":78.22,"end":78.62,"text":"All right, sir."},{"start":78.64,"end":80.85,"text":"I'll call now and then get back to you."},{"start":80.87,"end":81.19,"text":"All right."}],"aiSummary":{"text":"President Nixon consulted Charles Colson regarding Federal Reserve Chairman Arthur F. Burns's recent public remarks on inflation in New York. Concerned primarily with how Burns's statements were perceived by his specific audience, Nixon directed Colson to move beyond wire service summaries and secure a firsthand account of the reception. Colson committed to contacting an attendee immediately to evaluate the impact of the comments on liquidity and investor sentiment, reporting his findings back to the President that evening.","topics":["Arthur F. Burns","Inflation","Economic policy","Public relations","Financial markets","Federal Reserve"],"generatedAt":"2026-04-06T00:03:30.693Z"},"topicSlugs":["arthur-f-burns","inflation","economic-policy","public-relations","financial-markets","federal-reserve"],"audioDurationSec":84,"audioFiles":[{"file":"014-078.mp3","bytes":2690562,"durationSec":83.95,"bitrate":256402,"missing":false}],"audioIsShared":false,"audioProbedAt":"2026-09-18T02:19:24.322Z","audio":["https://nixon.nyc3.digitaloceanspaces.com/audio/014-078.mp3"],"url":"https://www.easynixon.org/tapes/014-078","nixonLibraryUrl":"https://www.nixonlibrary.gov/white-house-tapes/14/conversation-014-078","license":"Public domain (U.S. Government work). AI-generated fields (transcript, aiSummary) are provided as-is without warranty."}