Nixon White House Tapes — Conversation 097-001 Date: Thursday, March 23, 1972 at 3:56 PM Participants: Connally, John B.; Shultz, George P.; Rumsfeld, Donald H.; Cheney, Richard B.; [Unknown person(s)] Recording device: Cabinet Room Source: https://www.easynixon.org/tapes/097-001 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [1:29] There is a statutory aspect to this. [1:55] I get it for you somewhere here. [2:12] The only thing I'd add, trust me, Mr. Chairman, is that when this is said, should we notify the price commission and the government, we are likely to defend it. [2:27] I don't think so. [2:28] I don't think so. [2:28] I don't think so. [2:29] I don't think so. [2:30] I don't think so. [2:34] I don't think so. [2:35] I don't think so. [2:37] I don't think so. [2:38] I don't think so. [2:39] I don't think so. [2:41] Recommendation 2 makes two parts. [2:44] One will change the name of the group who will undertake the study. [2:49] Number 2 is the attitude, the attempt to perform the price-admission reaction that's caused by the Council of State. [2:55] Is your objection to it? [2:59] If not, I assume the recommendation has been absolutely... [3:08] Yes, sir. [3:59] Make sure to hide the weight on it. [4:02] So you're talking about hiding what's inside of it. [4:05] So here is what the devil did right now. [4:08] What is that cost on this? [4:09] It's about that. [4:10] That's about $25,000. [4:10] So here's what's happened to the sensor. [4:12] The price was pretty good. [4:13] $500 on some of the other sensors. [4:14] I call that price $500. [4:45] There's another... [4:46] There's another interesting fact. [4:48] One of our guys told us that, oddly enough, the farmer doesn't get nearly as much of this increase as one would have expected. [4:59] That is the... [5:01] The... [5:07] The work of the pay board has been rather well publicized this week, and I know that all the ways to it beyond that, which everyone now knows. [5:15] The pricing mission is in Chicago today, holding hearings. [5:19] Various people are testifying to senior unions. [5:54] The, uh, figures of the IRS system are here below the sound cover. [5:58] Number of inquiries, how are you? [16:54] I'm trying to get it. [16:58] I need to talk to the mayor. [17:00] I'm trying to get the name of it. [17:01] Good. [17:02] It's scary to put a hold on it. [17:03] I need someone to put a hold on it. [17:08] You want to be there to vote for us? [17:11] You're either going to do that or you're just going to retire from that role. [17:18] That's a good thing. [17:23] That's a good thing. [17:26] That's a good thing. [17:30] That's a good thing. [17:32] That's a good thing. [17:35] That's a good thing. [17:38] Demanding that let's see if this beer raises in this beer. [17:42] The Washington Post said this morning they were funding this. [17:46] Well, they asked for it, but it wasn't written on it. [17:49] It was written down on the table. [17:51] Oh, yeah. [17:52] I read that. [17:53] In other words, I said to the attorney, I've got a few bucks over the bed on me, and she just won't be able to get it out of her hands. [18:01] I haven't thought about it, and so have I. [18:31] So he didn't really have a mind to memorize them anyway. [18:34] He could never get to the truth of this thing. [18:39] Anderson hasn't really had a quick account of it. [18:42] He put it to one side and said, oh, it's like, it's the ones we're pre-existing on. [18:48] They... [18:49] They had, instead of Chinese and the SS and the ITT, if anybody over there ever brought up the point that, you know, if they did make a deal, or if they made the last deal ever known to man, I mean, they'd have been better off if they'd given Hartford up the chicken. [19:07] The stock market, as I recall, went down 7 points the day after, and within a week it went down 12 points. [19:12] I know this is not the right... [19:39] I understand that I can't see, and I don't understand, I don't know, what Auburn means to $100,000 that we were bidding for the Democratic Convention. [19:52] We can't get the goddamn state chairman to turn the letter over to us. [20:00] But I think I see a copy of it. [20:03] State to state.