Nixon White House Tapes ›Tape 273 › Conversation 273-024

Nixon & Connally on Economic policy and Import tax

Thursday, August 12, 1971 · 7:22 PM–7:26 PM ET · Old Executive Office Building

ParticipantsNixon, Richard M. (President);  Connally, John B.Conversation273-024 onTape 273 (tape position 03:41:47–03:45:26)StartThursday, August 12, 1971 at 7:22 PMEndThursday, August 12, 1971 at 7:26 PMRecording deviceOld Executive Office BuildingSourceNixon Library record for 273-024 ↗

AI Summary

President Richard M. Nixon and Treasury Secretary John B. Connally met to finalize preparations for the administration's forthcoming economic program. They discussed the implementation of an import tax and the political implications regarding textile negotiations with Japan. The pair also coordinated a strategy for consulting key congressional leaders, including Wilbur D. Mills, John W. Byrnes, and Russell B. Long, prior to the public announcement.

Audio

Download MP3 (part 1) · 111.9 MB ·Download MP3 (part 2) · 112.0 MB ·Download MP3 (part 3) · 67.9 MB

This conversation has not yet been cut into its own clip, so the player above contains the full tape segment shared with neighbouring conversations. It begins about 03:41:47 into the tape and ends around 03:45:26.

Transcript (AI-generated)

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Names and numbers are often wrong; speakers are not identified. Do not cite it as authoritative — verify against the audio and the finding aid.

Download transcript (.txt) ·JSON data · Timestamps are positions within the full tape recording.

3:42:07Mae'n rhaid i mi ddweud y gwirionedd.
3:42:09Mae'n rhaid i mi ddweud y gwirionedd.
3:42:37Rwy'n meddwl bod llawer o rwydwaith yn gweithio ar hyn o bryd, ac rwy'n meddwl bod llawer o rwydwaith yn gweithio ar hyn o bryd.
3:42:43Rwy'n meddwl bod llawer o rwydwaith yn gweithio ar hyn o bryd.
3:42:45Rwy'n meddwl bod llawer o rwydwaith yn gweithio ar hyn o bryd.
3:43:08Mae'n rhaid i chi ddweud y gwir.
3:43:09Mae'n rhaid i chi ddweud y gwir.
3:43:09Mae'n rhaid i chi ddweud y gwir.
3:43:34Diolch yn fawr am wylio'r fideo.
3:44:17Helo, John, ble fyddwn i'n canfod chi?
3:44:19O ie, roeddwn i eisiau ddweud wrthych chi, os ydych chi'n bosibl yn disgwyl,
3:44:27Roeddwn i'n ceisio gwneud rhywbeth i ddod o gwmpas George ar gyfer y cyllideb cyllideb.
3:44:39Ac yn fawr, rydw i hefyd yn ymwneud â phynciau o amrywiaeth.
3:44:43Ond o ran y gwaith gwleidyddol, dyna'r peth gorau a'r holl beth yma.
3:44:50ac mae hefyd'r busnes ar y llyfr, a'r holl bethau eraill.
3:44:53Felly, roeddwn i eisiau i chi wybod, roeddwn i wedi'i ddarparu i fynd i mewn yno, ac wrth i ni ddod i'r cyfarfod cyffredinol, roeddwn i eisiau gwneud rhyw fath o hysbyseb a chyfarfod.
3:45:01Na?
3:45:01Wel, doeddwn i ddim yn gwybod a ydych chi wedi cael fy sgwner neu ddim, ond dyna'r hyn roeddwn i'n ceisio ei wneud, yw dod i fynd ymlaen.
3:45:10Felly, roeddwn i wedi bod yn meddwl am hynny, ac mae'n rhaid i mi fynd i mewn i'r pecyn.
3:45:17Ie, wel,
3:45:19Diolch yn fawr.
3:45:21Wel, rydyn ni'n gwybod.
3:45:23Nawr, ar hyn o bryd, rydw i'n credu y byddwn ni'n gallu cyflawni'r cyflawniad.

NARA Description

On August 12, 1971, President Richard M. Nixon and John B. Connally met in the President's office in the Old Executive Office Building from 7:22 pm to 7:26 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 273-024 of the White House Tapes.

Nixon Library Finding Aid

Conversation No. 273-24

Date: August 12, 1971
Time: 7:22 pm - 7:26 pm
Location: Executive Office Building

The President talked with John B. Connally.

     President's forthcoming economic program
          -President's previous meeting with Connally and George P. Shultz
                 -Import tax
          -Import tax
                 -Politics
          -Textiles
                 -Connally's possible conversation with John N. Mitchell
                       -National security
                             -Japan
                       -Us trade as percentage of Gross National Product [GNP]
          -Effect of announcement
                 -People's Republic of China [PRC]
          -Congress
                 -Consultation
                       -Connally's possible calls

                            -Wilbur D. Mills
                            -John W. Byrnes
                            -Russell B. Long
                -Schedule

Also recorded on August 12, 1971

  • 273-015 5:07 PM · 1 min — President Richard M. Nixon and the White House operator met in the President's office in the Old Executive Office Building at an unknown time between 5:07 pm and 5:16 pm.
  • 273-017 5:16 PM · 2 min — President Richard M. Nixon, Charles W. Colson, and unknown person(s) met in the President's office in the Old Executive Office Building from 5:16 pm to 5:20 pm.
  • 273-018 5:20 PM · 42 sec — President Richard M. Nixon and Stephen B. Bull met in the President's office in the Old Executive Office Building at an unknown time between 5:20 pm and 5:27 pm.
  • 273-019 5:27 PM · 2 min — President Richard M. Nixon and Peter M. Flanigan met in the President's office in the Old Executive Office Building from 5:27 pm to 5:30 pm.
  • 273-020 5:30 PM · 1 hr 36 min — President Richard M. Nixon, Stephen B. Bull, John B. Connally, George P. Shultz, Manolo Sanchez, and unknown person(s) met in the President's office in the Old Executive Office Building from 5:30 pm to 7:00 pm.
  • 273-021 7:00 PM · 44 sec — President Richard M. Nixon and the White House operator met in the President's office in the Old Executive Office Building at an unknown time between 7:00 pm and 7:11 pm.
  • 273-022 7:00 PM · 46 sec — President Richard M. Nixon and unknown person(s) met in the President's office in the Old Executive Office Building at an unknown time between 7:00 pm and 7:11 pm.
  • 273-023 7:11 PM · 2 min — President Richard M. Nixon and H. R. ("Bob") Haldeman met in the President's office in the Old Executive Office Building from 7:11 pm to 7:19 pm.

All 51 conversations from August 12, 1971 →

Cite this conversation

Conversation 273-024, August 12, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/273-024 (accessed September 18, 2026).