On October 7, 1971, President Richard M. Nixon, H. R. ("Bob") Haldeman, William L. Safire, White House operator, John B. Connally, and unknown person(s) met in the President's office in the Old Executive Office Building at an unknown time between 9:22 am and 10:24 am. The Old Executive Office Building taping system captured this recording, which is known as Conversation 285-010 of the White House Tapes.
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 Do not cite this transcript as authoritative.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.
What's the morning line?
Important?
Yeah.
How in the hell would they do that?
Right.
Right.
Well, we should get some of those.
Some of those camels.
The minute I'm going to extend the personal situation,
That's right.
Well, that's good, Bob.
Good.
Good.
Yeah.
Well, they got it.
I can't add to my statement.
It was terribly strong on Sunday.
I used that, but this will hurt people.
They have to take the blame.
What does that mean?
I don't know.
Who's leading the charge?
That asshole with the facts?
Marty.
Labor.
Now they don't do it, I won't do it.
Put it to it.
Put it to it.
Put it to it.
Put it to it.
What you're talking about, by God, I'm not going to do that.
Who is, uh, can we get, maybe Malik, you can start to get some names here, uh, this all through Flanagan.
See, Flanagan tends to hop to the east.
Malik, hop to the west.
I wonder if Mellon can't stay until we go around.
I'm looking forward to serving.
I'm starting to get a lead in the service.
They're coming back to the screen.
I'm not concerned about if you're doing a good job or if you're alright.
What I'd be concerned more about is whether or not your public image is so flaggy now that people would wonder what you know.
You see what I mean?
Go for it, Craig.
I'll go over here.
Just try again.
Okay.
All right, fine.
What else?
Fourteen minutes.
I guess that's not too bad.
Fourteen minutes.
What is the...
I think we've stated that we're in pretty good position with this wholesale price index coming up.
Well, they've got to live with that, that's all.
Right, here we never made the accounts, did we?
We really didn't know that ever last year, did we?
Yeah, yeah.
Yeah, I agree.
We're all there.
He's awfully good.
The point is, though, that they just say that the president is considered as essential, and they torpedo the whole program, and they take responsibility.
And the Republicans.
Did Russell go for tomorrow?
The breakfast, sir.
Now, how do they want that?
Just the two of us?
Conley?
Is it on taxes?
Conley would be great if it was Russell Light, you know.
I don't want to have riches in it, for example.
All right.
I don't want anybody.
I don't want any liberals.
It's Russell Light.
Fine.
You know, let me handle that side of it.
And as a matter of fact, don't take any notes in his presence.
Go back in there.
All right.
We've certainly, I think, hit the right place.
Getting it down now.
What's your deal here?
Incidentally, looking at this again, I'm convinced
We may have found the optimal time for the first one, except for the west coast.
Well, on the west coast, my view is to go out and do one there now and then.
In the west coast?
Sure.
Is there something we can do?
Well, then do one at 8 out there.
Yeah, and we don't mind.
We put a, you know, we wouldn't have had her done too much out there, so I knew you.
That's the thing to do.
Well, anyway, they opened it.
They opened it up there over there.
Well, they hate, hate the time to do it out there.
Just do it.
It's a big deal out there.
They wouldn't mind you just pushing everything.
Okay.
Your latest comments from home.
I've got an evidence.
You want me to throw it out there?
I'll modify everything as soon as far as possible.
The main thing for the time, our business failed.
And the latest copy.
if he has any additional changes.
And so that way I can give them on page three, let's call it from the school district, from the church, an essay from a man of one type, an essay from a wager of one type, obviously a wager, either a wager or a salary, or whichever you want to read that.
Yeah.
You got it?
It may be on now.
All right, let's go over to the man.
Do I have to be a man?
It's a difference.
I predict what all the people will look like.
You understand?
If you give up, what about the rest of the world?
I don't know.
I don't know.
No problem, thank you.
Would it be well if I discussed it at all?
Here's the view of the argument.
I mean, we've got to get out of here.
Discuss it with him.
I think we'll put out the first comment in the next day.
We believe it will be empowered to retain Christ, read increases, and to prevent all wrongs.
Come on.
I'm sitting here.
if you don't go into it again, it's not quite going to be good, and so forth and so on.
I think probably I could probably confirm that.
I guess it would be .
Maybe, but we don't have anything on that.
What we're going to do about it is we're going to go away from it.
Is that what you say about .
I don't know.
I believe that that's a good point about this.
A lot of this is going to be in the city of the game.
That's what we want.
In answer to that, before I've ever spoken, Sheldon Stein was very blank when he was playing.
I don't know if you know that word.
I don't know.
They'll write their stories on the dates of my speech in the background.
I don't know if you know what I'm talking about.
I can make a couple of changes.
Page 9, in such cases, rather than text, just put in a word and leave it again.
Or windfall, obviously, which we don't encourage.
Exclamation's cost will be to get those passed along.
A fair share will cost safety.
I'm a little comforted, not much.
When you say business should pass along a fair share, I'm just trying to, we either got to say it or we don't say it, I'm not making a comment.
The price commission will be to, not urge business, will be to, or you could say the price commission's policy will be that business should pass along a fair share of the cost savings.
The word all is there.
Oh, see what I mean?
I don't want to get the idea that we want business to pass along a fair share of its cost to the consumer.
For all business to pass along, we don't.
We're not asking for that.
We don't want GM to pass along.
We want them to follow back into the hardware and make their performance heavy.
That's the thing, Bill, that concerns me.
I don't want all business making profits.
We look under their shoulders and go, Greg, you're making too much and the price commission is going to make us pass along.
to reduce our prices.
See, that is what, that is what has guided my life.
It's that control.
You don't decide, I mean, it's trying to understand that.
You know, he's not a businessman.
He's not a dad to the economists.
But I've been through this.
I represent none of these captains.
I know how they are.
I've sent them for a serious murder.
They're small-minded, mean, selfish.
They don't care for the pieces.
I've got this kind of hate behind me.
It is that by God people are reduced prices.
Don't let that happen.
I wouldn't let that happen.
By then, all right, government capacity are held down, even though such, even though prices are also held down.
Certain taxes could arise in some cases that might generate some.
Where this happens, where this happens, rather than to tax such profits,
Strikeout, that's not fair.
We won't let that happen.
I don't like that.
Where this happens?
No.
But in the few cases, in the few cases where this happens, rather than tax such fraud,
The price commission policy will be that business should pass along a fair share in cost savings and so on.
Now we're getting close to that.
I'll go back to something that I don't want to do right now.
When it comes to price reductions, I don't want to do that.
If we have price reductions, I don't want to do that.
It's just a news to you.
I don't want to do that.
It's just a news to you.
Also, I don't want to do it to you.
I don't want to do it to you.
You read the ads today on TV.
It's all about quality.
It's all about service.
It's never about price.
Oh, I mean, sure.
And the Thursday stuff out of the papers.
But I mean, on TV, have you ever read it?
I forgot to read it last night when I saw the game.
On Plymouth, they used to show a car, and it doesn't rust, and it doesn't do well.
They've never gotten anything.
Well, these cars cost less.
A little with regard to the small cars competing in Japanese cars.
This is so much money, and so forth and so on.
They've never suggested we are cutting our prices.
So, oh, a little, and they're getting rid of old models that cost higher sales.
That's all we do.
They've never heard people say,
I, we, are announcing a prior deduction.
Christ, that would be dramatic throughout this matter.
And it ought to be done.
And, of course, we'll get the committee from the front 30 to the front 40 to follow this up.
And now you've got what I've got there in some cases.
In a few cases where this happens, rather than constantly taxing the government, the question is whose policies can be that business should pass.
The business should pass along.
I'm very sure it's customary to do so.
That's good.
Now, if you would call Connell on the phone right now and tell him to modify this again, now this would be a totally different thing.
I'll get it.
I'll just sit here.
Get separated.
I'll bring your satellite.
Any idea, rather than bring this to the government, get this money to the government.
Yeah.
Well.
They should say that in the background, stronger.
But I think we get too complicated.
People don't understand the problems that we go to the government.
I know we all know that we'll have our $3.00 dollars on a fair share.
So rather than for the government, rather than the government to tax that company, the business should pass along a fair share of the cost savings.
So that's part of the point, I believe.
So that all people benefit.
Whatever you have.
Well.
No.
Yeah.
Strange.
The President wanted to run this position to change the process.
I'm hearing his arguments.
I'm sure he's comfortable with the impact of that.
That's not fair, and we won't let that happen.
We won't cut that money down, and others exist.
I'm not going to read the preteen paragraph.
When wages and other costs are held down, even though prices are also held down, circumstances could arise in some cases that might generate a COVID problem.
In a few cases where this happens, rather than tax that process, the Price Commission's policy will be that businesses pass along their share of the cost savings.
Are you completely satisfied with that?
Well, of course, a rough assumption is to be improved.
Okay.
Okay.
You can't see anybody affecting that.
Leave it in.
You can't see anybody affecting it.
The word do is very helpful.
You see what I mean?
Everybody, as I said, will not be.
The circumstances could arise in some cases that might, you know, that's the way I put it around.
And a few cases can end up there, but it really acts as an icing on the cake, you know, in a few cases where there's something.
I love this price reduction style.
Let me bring it back on again.
I'd say, you see here,
You say you're co-host, and I'm really proud of that.
Do you want to touch that a little more by saying that we have lived too long with inflation psychology?
Yeah.
We have lived too long with inflation psychology.
I assume that you keep that in mind.
I assume it's about the only direction for prices to go up.
Now, there's some price reduction psychology.
.
.
.
.
.
.
And then I think we need three there rather than two.
Okay, a couple of times, but not three yet, or three, you guys have worked through this.
I think Democrats or Republicans should come first.
I think it's better, you know, to get the partnership out of the way.
Not to get into the Democrats or Republicans.
The workers are businessmen.
The farmers are consumers.
Then, I think, strengthen the line of fire, and make a dissent, and start to receive that.
I'd say, so that that good line, what is best for all of us, is truly best for each one of us.
But what I had is I don't need it.
And we're important.
It's all right.
But it's all right.
and what is best for all, is true and best for each one of us.
I'm going to deliver that line, second thing.
Let us see.
Let us see.
Let us see.
Let us see.
I want you to see this clearly.
Let us all see.
Let us all see what effect Burwell has.
In fact, it truly has a reason.
Let us all see.
Okay.
Let us see that.
Sure.
Okay.
I don't really think you do.
I don't think you do.
I think through the eyes of Americans.
When you see, you recognize, don't you?
Let us recognize this great truth.
Something like that.
Let us recognize this profound truth.
Something like that.
Let us recognize this truth.
And what is best for all of us is predominantly truth.
What is best for all of us, not that one, let's see, is predominantly truth.
What is best for all of us is truly best for each one of us.
Death.
It means not only death, truly the second death.
It's best for each one of us.
Yeah.
It's best for each one of us.
It's best for each one of us.
My buddy.
Vestro.
He's Vestro.
I'll keep you stronger than ever.
All right.
You're here.
You know, we did some climbing again.
I can't tell you too well.
How long did it take, per se?
He said, well, that's a horrible thing to say.
He only had one speech.
Lincoln only had one speech.
And he only had one speech.
Yeah, you remember.
He said, the country will be again.
That's not what we're doing here.
It's good.
But we'll all have one speech, too.
Pretty much.
But basically, the one speech that Lincoln speaks, you know how much house, I think I heard the house divided into people?
112 houses.
Yeah.
The House of Acts.
Cooper Union, of course.
And in Nashville, he delivered a modern call about murder.
You know how many times Brian delivered, of course, a goal speech?
A whole lot.
A whole lot.
And then after that, the Prince of Peace speech.
It was after he was the President, he had the Prince of Peace speech.
Silly little, fuzzy, willy-nilly speech about the rule of law and the rule of the president and the secretary of state and the code of affairs and the rule of law and the code of the president and the code of affairs and the rule of law and the code of affairs and the rule of law and the code of affairs and the rule of law and the code of affairs and the rule of law and the code of affairs and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law and the rule of law
The grass will grow and the day will end.
Burn down your cities, leave your countryside, and the cities will grow again.
Burn down your farms, and grass will grow in the streets of every city in the world.
Well, you know, it's a damn effective stuff.
We don't have, apparently, a great speech writer for neighbors anymore, because I guess we have such a critical, essential audience.
It can be a year, a last, in which great historic events will take place.
Whether we can pick a better word for historic events is historic, not a word for anything else.
All right.
All right, and what's your story of events that take place in the world soon?
No, excuse me.
Story of events that take place in the world soon.
And then dash.
Events.
could affect the peace of the world for the next generation, or even for the next generation.
Capital of heaven and earth, we will see whether or not we can heal the world.
Let me just make sure I've got that down.
The next phase of the world, sir, events that could affect the peace of the world for the next generation, or even for the next generation, could affect the peace of the world.
International, yeah, I had an international one.
First time to the last 300.
You can answer that question.
Well, rather than, well, our way of playing is right here.
One, the first round.
I don't like the water coming through.
Wait.
Uh.
I'm not going to let up on this battle until we land.
We are not.
We shall not.
We cannot and will not.
We enter this battle against the rise and the cost of living.
We launched this battle against inflation.
And we launch it for the purpose of saying, we're going to stay in it until we do it.
We're going to stay in it until we do it.
That's right.
We're going to stay in it until we do it.
For the purpose of winning, and we're going to stay in it until we do it.
That's pretty good.
You see what I mean?
Now, that's the average guy again.
Now, on the last page, which I think is where the problem will be launched,
Maybe we can just see that out in the world.
Maybe we can see that out in the world.
Maybe we can see that out in the world.
Maybe we can see that out in the world.
We are at the threshold of a great deliverance.
It's a movement.
It's a movement to change.
When we have the, when we have the parallel story, when we have the privilege, our privilege, we don't have the parallel story.
each one to participate and create a better world for ourselves.
You know what I mean?
Getting at it, putting it more into personal matters.
That may make you present.
We are in a kaboom chamber.
We are in a kaboom chamber.
We are in a kaboom chamber.
We are in a kaboom chamber.
You're on a parallel challenge.
I like the word opportunity.
You're on a parallel challenge.
You're on a parallel challenge.
An opportunity.
You don't want to have to do what you want to do.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
You're on a parallel opportunity.
Now, I think we have a story.
This whole speech is about stopping inflation.
So if you want to have the last sentence, I was thinking about joining a great commandant to stop inflation and create a new prosperity in the world.
Stop inflation.
Stop inflation.
Create a new prosperity in the world.
I agree.
Stop inflation.
Create a new prosperity in the world.
That leaves them on a high note.
We're going to do prosperity for America.
We need to say a few things that come across from our folks.
Yeah.
I think that does a little more to the last.
I don't want that.
But you feel we've got the best?
I guess I'll cut the, this is about the chairman.
I agree.
And frankly, I don't have to announce it in my speech.
Connolly can announce it tomorrow.
In other words, that's a good follow-up story.
If you don't announce it in your speech, it shall be announced in the next one.
I don't believe that I should announce it in Chairman's speech.
First, I think we're rushing it.
And second, a golden opportunity to announce it, which gives us another 24 hours, is fair enough as a follow-up with having Connelly announce it on Friday with his press conference.
So get that to George, which is, you know, it all, and say that I've decided not to put it to my speech, and that Connelly do it, and the bravery to say, well, Secretary Church, you're not going to do that.
You're not going to do that.
You're not going to do that.
Fair enough?
Well, I think that hurts.
It's not too long.
I know, but nobody, the listeners, the listeners are not.
Yeah, the listeners are not.
The listeners are not.
They'll stay.
There was a situation on the briefing, so what you're going to do is go back.
Good.
On a congressional thing, do they really feel like they can stay a little while and get the hell out of it?
Yeah.
Okay, I'll get started.
Okay.
All right.
Okay, I'll get it rolling and then give you the new painting.
You've got the final part.
It's Nixon's speech.
It's clear.
Yeah, it's outline, basically.
The main fetish I have, of course, is an outline.
So at least it's like a structure.
Rather, of course, it's the more fashionable.
People like to call it.
free speech, free speech, all the rest of it.
The world went off on this side and the other thing.
It's great and exciting and simple and fun, but it's not my business.
It's good.
I like something that's great and organized, where the pieces get together and one fills in the other.
Sort of the way I feel better about it.
It gives you the room to move around when you're at a living space.
It gives you the room to move around when you're at a living space.
I love this.
How did you get a good rating on the thing, uh, Crest County?
Yeah, really, Tony, I noticed the interruptions in the baseball home when I was waiting for you.
I turned it on for the first four years.
Five, five, I don't know.
Anyway, uh, I got a K-Man Crest, I mentioned him to the U.S. at 7.30, went in on NBC.
I think some, does that get some people to tune in?
Uh, what?
I think that the, I mean, of course your prime time rating is always around 45, 40 to 50 million, just because you pick up whatever the audience is.
There's not any buildup, so how will the buildup be at 60 million?
This rating is about half of that, a little better than that.
Your big rating here is 25, I bet you, 7.33 close to, huh?
7.33 close to prime.
which begins at 8 o'clock.
Don't know where it kills you, though, but it lives in the west.
Far west, which means you take off the third or even the fourth of the country, and you figure there's 20 million people out in California.
And it's not going to crack on that time.
At the same time out there, or at least Midwest, you get the entire driving group, and you'll get the radio.
You get the radio, so that won't show up on the TV, right?
But there'll be one hell of a lot of people, a whole crowd there.
So it's that the radio people
I think now with problems
I think he's had a feeling a little better about it.
Oh, did you raise with Stein my concern about are we, do we have a trigger device in there for profits, and what did he say?
He said, no problem.
I said, the president says it's a problem.
He said, we'll make sure that we, not that we do, but our factories in the background take care of it.
He said, think about things in terms of the year.
So he knows.
He's clever enough to know how to screw it.
That's what we want.
They're very intelligent.
They have a very hard mind.
They're very tough.
I know that wholesale price index probably is an aberration.
A lot of them probably do the same.
We so seldom get any good breakers.
That would be a hell of a break.
It's going to look like a friend is speaking for that.
You realize though what a break it is.
The price is unbelievable.
I was asking why.
Maybe our other programs are working and we're getting a little of that.
At all times, lots of prices are going up and some prices are going down.
When you suddenly say, don't try to go up, the ones that go down still go down.
And that's where you pick up the land.
You cut off the ups and set it down to a dip.
Yeah, prices, of course, we have to remember, don't always go up.
They don't always go up.
You know, I'll tell you, I don't want to get into it at this point, but...
We've got a hell of a good enemy being built up here.
White times this, this meaning.
God damn, he looked like that.
He looks terrible, a big cigar, and mean, and frankly, a little too rude.
I have enormous respect for meaning.
I'm a parent of a business man, and I wouldn't, if I had to fight any kind of fight, I'd bet on meaning.
But Bill, he is demagoguing in the old house, in the old New Deal, in the Franklin House of Commerce.
That's a shame.
I'd like you to say that you think he's driving the president to 70% today.
70%.
On that very issue.
Would you agree?
And remember, you have to keep on doing it.
You have to avoid the world.
Get a villain, make it in place.
And he always loved the place.
As a villain, somebody that, you know, forcibly said he didn't.
It winds up with me being identified with the place, you know what I mean?
Well, particularly, he loves it.
You know what I mean?
to keep everybody else in line and so forth.
And he goes, they organized labor to do this, and I go on attacking, you know.
But I need to know, huh?
That's leadership.
Oh, I know, I know.
It's very hard to do that without a very good youth.
Now, did you read Leavitt's Communion, Leavitt?
The, uh, we're probably, you know, we've got everything concerned about what happened in the South Park.
We've got, you know, the reverse of it.
But, but that rather strange violence in the last hour and a half, you know, he brought us through that all.
Sully did it.
It's Sully Day.
I'm speaking to him now.
It wasn't the Congress, uh, somebody reported down there, the House passed it.
Everybody, all of them, it was like everybody was in the house.
There was a lot of people in the house.
It was this band house.
and another thing
its wages, that's what it is.
The profits will go up, there's no question about it, and that's what they need.
The profits go up, there will be more investment, there will be more jobs.
And that's why we have here, there were very few cases where the government profits went up right there, and it won't be back to where it was.
John Conway didn't feel as if there was anything to show the market.
Well, I guess not.
The market dividends are concerned, it really doesn't turn itself in.
And he puts more money back into the value of the stocks.
Right?
He wants to keep you running on other parts of the program.
He didn't want any of the burglary.
Now, what the hell can you do?
You know, you can kiss him.
Sure.
We have a whole public state.
Ray, Ray, Ray.
What are they going to do after they have a strike for 90 days?
You know what I mean?
See, that's what I'm talking about.
Arthur's, Arthur's loser.
I mean, what the hell am I doing?
I don't know.
I don't know.
I know where.
What am I going to do when they don't move?
Well, there it is.
But he ought to take notice.
I consider it a personal favor.
Personal favor.
I don't want him to call me, though.
Unless he says yes.
Unequivocally.
No, I don't want to discuss it.
I will not discuss it if he says no.