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Conversation 274-011

TapeTape 274StartMonday, August 16, 1971 at 2:59 PMEndMonday, August 16, 1971 at 3:01 PMTape start time00:17:09Tape end time00:18:58ParticipantsNixon, Richard M. (President);  Finch, Robert H.Recording deviceOld Executive Office Building
AI Summary

President Richard Nixon and counselor Robert Finch discussed the overwhelmingly positive public and market reactions to the President’s August 15, 1971, economic address. The participants highlighted the favorable reception of John B. Connally’s press conference and noted that rising stock market figures served as a key indicator of restored public confidence. The brief conversation served to validate the administration's new economic initiatives by sharing anecdotal feedback from various supporters and associates.

Economic policyStock marketPublic opinionNixon's August 15 addressJohn B. Connally
AudioNARA Description

On August 16, 1971, President Richard M. Nixon and Robert H. Finch met in the President's office in the Old Executive Office Building from 2:59 pm to 3:01 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 274-011 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 274-11

Date: August 16, 1971
Time: 2:59 pm - 3:01 pm
Location: Executive Office Building

The President talked with Robert H. Finch.

     Finch's location

     Cabinet meeting
          -Mood

     John B. Connally's press conference

     Stock market figures
          -Public confidence
          -Call from Asa [Surname unknown]

     President’s address to the Nation, August 15, 1971
          -Reaction
                -Call from unknown person
                      -Thelma C. (“Pat”) Nixon
                -Call from Freeman Gosden
                -Democrats
Transcript (AI-Generated)

This 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 Do not cite this transcript as authoritative.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.

Yeah.
Uh, no, I can take it now.
Hello?
Yeah, well, they sort of shook him up.
You in California?
Are you in California or Washington?
That's what I thought.
Yeah, you got California there.
Well, he had, they shook him up.
The Kevin was really all upbeat today, and he was complimented.
He did a hell of a good job in the express conference.
And the stock market is up 30 points.
Yeah.
Yeah.
Well, the main thing is out there, confidence and everything.
That's what they need out there.
Asa called it in here.
He's really way up deep.
Yeah.
And how Cat felt about it, I don't know.
And Freeman Godson called me.
It's all been talking this thing for a long time.
They've got to go along for a while.
Yeah.
He said they're on the screen.
Well, anyway, good luck.
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