Nixon White House Tapes — Conversation 035-147 Date: Thursday, January 11, 1973 at 5:12 PM Participants: Nixon, Richard M. (President); Shultz, George P. Recording device: White House Telephone Source: https://www.easynixon.org/tapes/035-147 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [0:00] oh yes mr president i was just talking to fred dent on the phone he said that there were very good reactions in the business community on your statement and ron was i thought it was went over extremely well so i thought at the end of the day you'd like to have something good to take and tell your kids well thank you very much mr president not that you need it i mean you're you you know you're good already don't you professors are very confident [0:25] I'm sitting here, Mr. President, with your friend Pierre Renfray. [0:29] Oh, good. [0:30] What did he think of the announcement? [0:31] Well, of course, it is very much along the lines of his recommendations to you and I. [0:37] Would you be sure to tell him that I did read his letter and sent it over to you? [0:42] I did read that, and we're going to... [0:44] I spent a little time talking about trade problems, and I know I talk about them. [0:49] Also, anything he's interested in, tell him in International Monetary at a later time. [0:56] In the meantime, if you would pass on to him my regards and tell him I hope he makes a speech saying he likes this. [1:06] Okay, I'll tell him. [1:07] He did last night. [1:08] Oh, he already did. [1:09] He was not in a position to say what we were going to do, but he kind of... [1:14] Tell him that. [1:15] Tell him that. [1:16] I figured it. [1:16] Tell him that. [1:17] A lot of people tell him that. [1:19] I said a lot of people listen to him because he's been often so right when others have been wrong. [1:26] Okay? [1:26] Okay. [1:27] All right. [1:27] Yes, sir.