President Richard Nixon met with speechwriter William Safire to finalize the content and tone of his forthcoming address concerning major economic policy shifts. The discussion focused on refining the rhetoric surrounding new tax plans, currency convertibility, and long-term economic strategies. Key advisors, including John Connally, Herbert Stein, and Paul Volcker, were consulted to ensure the messaging effectively communicated the administration's plan to stabilize the economy.
On August 15, 1971, President Richard M. Nixon and William L. Safire met in the President's office in the Old Executive Office Building from 7:34 pm to 7:36 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 273-049 of the White House Tapes.
Nixon Library Finding AidConversation No. 273-49
Date: August 15, 1971
Time: 7:34 pm - 7:36 pm
Location: Executive Office Building
The President talked with William L. Safire.
President's forthcoming speech on economy
-Content and phraseology
-Possible changes
-Convertibility
-John B. Connally
-Effect on listeners
-Herbert Stein
-Paul A. VolckerThis transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.