Nixon White House Tapes ›Tape 273 › Conversation 273-026
Nixon & Mitchell on Economic Policy and Wage and Price Freeze
Sunday, August 15, 1971 · 5:04 PM–5:10 PM ET · Old Executive Office Building
AI Summary
President Richard Nixon met with John N. Mitchell to finalize preparations for the administration's major economic policy announcement, specifically the upcoming wage and price freeze. The two discussed key components of the new program, including tax incentives, budget cuts, revenue sharing, and the decision to close the gold window. They also coordinated the President's schedule, including an upcoming cabinet meeting and the rollout of his national address regarding these fiscal measures.
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 03:46:40 into the tape and ends around 03:50:58.
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 Do not cite it as authoritative — verify against the audio and the finding aid.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.
NARA Description
On August 15, 1971, President Richard M. Nixon and John N. Mitchell met in the President's office in the Old Executive Office Building from 5:04 pm to 5:10 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 273-026 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 273-26
Date: August 15, 1971
Time: 5:04 pm - 5:10 pm
Location: Executive Office Building
John N. Mitchell talked with the President.
President's previous meeting with unknown people
-Business competition
-Steel industry
President's schedule
-President’s forthcoming announcement
President's forthcoming economic program
-Provisions
-Wage and price freeze
-Taxes
-Investment tax credit
-Repeal of automobile excise tax
-Personal income tax exemption
-Budget cuts
-Revenue sharing
-Timing
-President's schedule
-Cabinet meeting, August 16, 1971
-Arthur F. Burns’ views
-Closing gold window
-Paul W. McCracken
-President's forthcoming speech
-John B. Connally's forthcoming telephone calls
-Provisions
-Wage and price freeze
-Duration
-Import taxAlso recorded on August 15, 1971
- 007-117 4:53 PM · 5 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 4:53 pm and 9:30 pm.
- 273-025 4:59 PM · 1 min — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 4:59 pm and 5:04 pm.
- 273-027 5:10 PM · 46 sec — President Richard M. Nixon and Marjorie P. Acker met in the President's office in the Old Executive Office Building at an unknown time between 5:10 pm and 5:26 pm.
- 273-028 5:10 PM · 2 min — 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 5:10 pm and 5:26 pm.
- 273-029 5:10 PM · 20 sec — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 5:10 pm and 5:26 pm.
- 273-030 5:10 PM · 2 min — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 5:10 pm and 5:26 pm.
- 273-031 5:10 PM · 4 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 5:10 pm and 5:26 pm.
- 273-032 5:26 PM · 2 min — President Richard M. Nixon and Julie Nixon Eisenhower met in the President's office in the Old Executive Office Building from 5:26 pm to 5:28 pm.
Cite this conversation
Conversation 273-026, August 15, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/273-026 (accessed September 18, 2026).