{"conversationCode":"082-004","tapeNumber":82,"conversationNumber":4,"identifier":"37-wht-conversation-082-004","startDateTime":"1971-11-15T05:00:00.000Z","endDateTime":"1971-11-15T20:36:00.000Z","startDate":"15-Nov-1971","startTime":"12:00 AM","endDate":"15-Nov-1971","endTime":"3:36 PM","dateCertainty":"certain","timeCertainty":"estimated","participants":"Nixon, Richard M. (President); Cost of Living Council; Connally, John B.; McCracken, Paul W.; Burns, Arthur F.; Campbell, J. Philip; Stans, Maurice H.; Hodgson, James D.; Romney, George W.; Shultz, George P.; Knauer, Virginia H.; Lincoln, George A. (Gen.); Stein, Herbert; Flanigan, Peter M.; Mullaney, Joseph; Rhode, Earl D.; Cheney, Richard B.; Abrahams, Albert E.; Kosters, Marvin H.; Alfultis, Richard J.; Greener, William I. (\"Bill\"), Jr.; Lynn, James T.; Silberman, Laurence H.; Paarlberg, Donald A.; Partee, J. Charles; Rumsfeld, Donald H.; Grayson, C. Jackson (\"Dan\"), Jr. (Dr.); Boldt, George H.;","description":"On November 15, 1971, President Richard M. Nixon and members of the Cost of Living Council, including John B. Connally, Paul W. McCracken, Arthur F. Burns, J. Philip Campbell, Maurice H. Stans, James D. Hodgson, George W. Romney, George P. Shultz, Virginia H. Knauer, Gen. George A. Lincoln, Herbert Stein, Peter M. Flanigan, Joseph Mullaney, Earl D. Rhode, Richard B. Cheney, Albert E. Abrahams, Marvin H. Kosters, Joseph E. Malaga, Richard J. Alfultis, William I. (\"Bill\") Greener, Jr., James T. Lynn, Laurence H. Silberman, Donald A. Paarlberg, J. Charles Partee, Donald H. Rumsfeld, Dr. C. Jackson (\"Dan\") Grayson, Jr., George H. Boldt, and members of the press, met in the Cabinet Room of the White House at an unknown time between 12:00 am and 3:36 pm. The Cabinet Room taping system captured this recording, which is known as Conversation 082-004 of the White House Tapes.","locationCode":"CAB","recordingDevice":"Cabinet Room","latitudeEstimated":38.8975,"longitudeEstimated":-77.0374,"chronCode":"Cabinet","chronRelease":"Cabinet Room Release","chronReleaseDate":"16-Oct-1997","aogpRelease":null,"aogpSegment":null,"lastModified":"2015-07-27T17:04:10.235Z","findingAid":"Conversation No. 082-004\n\nDate: November 15, 1971\nTime: Unknown between 12:00 am and 3:36 pm\nLocation: Cabinet Room\n\nJohn B. Connally met with Paul W. McCracken, Arthur F. Burns, J. Philip Campbell, Maurice H.\nStans, James D. Hodgson, George W. Romney, George P. Shultz, Virginia H. Knauer, General\nGeorge A. Lincoln, Herbert Stein, Peter M. Flanigan, Joseph Mullaney, Earl D. Rhode, Richard\nB. Cheney, Albert E. Abrahams, Marvin H. Kosters, Joseph E. Malaga, Richard J. Alfultis,\nWilliam I. Greener, Jr., James T. Lynn, Laurence H. Silberman, Donald A. Paarlberg, and J.\nCharles Partee\n\n     National economy\n\n            -Price adjustments\n            -Vote\n\nThe President, Donald H. Rumsfeld, Dr. C. Jackson (“Dan”) Grayson, Jr., and George H. Boldt\nentered at 2:02 pm; members of the press were present at the beginning of the meeting\n\n     National economy\n          -Cost of Living Council\n                -President’s schedule\n                -Connally\n          -Pay Board and Price Commission\n                -Accomplishments\n                -Success of the President’s program\n                -Prospects for 1972\n                      -Phases I and II\n                -Television appearance\n          -Connally’s view\n          -The President’s program\n                -Roles of McCracken and Burns\n                -Success of Phase I\n                -Congressmen’s comments\n                -Movement into Phase II\n                      -Rumsfeld\n                -Inflation\n\n     Pending continuing resolution\n          -Senate action\n          -Effect of non-passage\n\nThe President left at 2:13 pm\n\n     Vote on option 2\n\n     Question on option 2\n\nRecording was cut off at an unknown time before 3:36 pm","filename":["082a.mp3","082b.mp3"],"tapeStart":"","tapeEnd":"","participantsList":["Nixon, Richard M. (President)","Cost of Living Council","Connally, John B.","McCracken, Paul W.","Burns, Arthur F.","Campbell, J. Philip","Stans, Maurice H.","Hodgson, James D.","Romney, George W.","Shultz, George P.","Knauer, Virginia H.","Lincoln, George A. (Gen.)","Stein, Herbert","Flanigan, Peter M.","Mullaney, Joseph","Rhode, Earl D.","Cheney, Richard B.","Abrahams, Albert E.","Kosters, Marvin H.","Alfultis, Richard J.","Greener, William I. (\"Bill\"), Jr.","Lynn, James T.","Silberman, Laurence H.","Paarlberg, Donald A.","Partee, J. Charles","Rumsfeld, Donald H.","Grayson, C. Jackson (\"Dan\"), Jr. (Dr.)","Boldt, George H."],"prevCode":"082-002","nextCode":"083-001","tapeTranscriptFile":"082a.mp3,082b.mp3","transcript":[{"start":10421.05,"end":10422.72,"text":"or vote on option 2."},{"start":10422.85,"end":10425.58,"text":"Questions that are needed."},{"start":10425.62,"end":10428.08,"text":"Are you required to vote on option 2?"},{"start":10429.54,"end":10430.66,"text":"All those in favour, 6-5-2-9."},{"start":10430.7,"end":10430.8,"text":"Aye."},{"start":10430.82,"end":10431.42,"text":"Opposed, no."},{"start":10431.46,"end":10432.57,"text":"The ayes had it."},{"start":10433.18,"end":10434.07,"text":"Option 2 is amended."},{"start":10435.45,"end":10436.15,"text":"Yes, it's adopted."},{"start":10436.27,"end":10440.95,"text":"How do we vote on it to answer your questions?"},{"start":10443.67,"end":10456.76,"text":"Yn gyntaf, y peth cyntaf y byddwn i'n ei wneud yw hynny."},{"start":10457.02,"end":10464.16,"text":"Yn gyntaf, y peth cyntaf y byddwn i'n ei wneud yw hynny."}],"transcriptBoundary":{"start":10421.05,"end":10464.16,"startMethod":"gemini","endMethod":"gemini"},"transcriptConfidence":"high","transcriptSource":"bigtape","originalFilename":["082a.mp3","082b.mp3"],"spliceSource":{"spliceType":"bigtape","sourceFiles":["082a.mp3","082b.mp3"],"cutStart":10421.05,"cutEnd":10464.16,"adjustedStart":10420.55,"adjustedEnd":10465.66,"boundaryMethod":"gemini","confidence":"high","splicedAt":"2026-03-14T15:33:13.684Z"},"aiSummary":{"text":"President Nixon and the Cost of Living Council convened to discuss the efficacy of the administration's economic stabilization program, specifically the transition from Phase I to Phase II. Participants evaluated the success of existing price and wage controls and addressed the future of the Pay Board and Price Commission ahead of the 1972 calendar year. The meeting concluded with a formal vote to adopt an amendment to 'Option 2' regarding economic policy adjustments.","topics":["Cost of Living Council","Phase II","Economic stabilization","Inflation","Pay Board","Price Commission"],"generatedAt":"2026-04-06T07:52:15.357Z"},"topicSlugs":["cost-of-living-council","phase-ii","economic-stabilization","inflation","pay-board","price-commission"],"audioDurationSec":null,"audioFiles":[{"file":"082a.mp3","bytes":117935574,"durationSec":7370.97,"bitrate":128000,"missing":false},{"file":"082b.mp3","bytes":49522343,"durationSec":3095.14,"bitrate":128000,"missing":false}],"audioIsShared":true,"audioProbedAt":"2026-09-18T02:19:30.405Z","audio":["https://nixon.nyc3.digitaloceanspaces.com/audio/082a.mp3","https://nixon.nyc3.digitaloceanspaces.com/audio/082b.mp3"],"url":"https://www.easynixon.org/tapes/082-004","nixonLibraryUrl":"https://www.nixonlibrary.gov/white-house-tapes/82/conversation-082-004","license":"Public domain (U.S. Government work). AI-generated fields (transcript, aiSummary) are provided as-is without warranty."}