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Conversation 285-034

TapeTape 285StartThursday, October 7, 1971 at 2:47 PMEndThursday, October 7, 1971 at 2:50 PMTape start time03:31:33Tape end time03:33:03ParticipantsNixon, Richard M. (President)Recording deviceOld Executive Office Building
AI Summary

President Nixon rehearsed his televised address regarding Phase II of his economic stabilization program. He emphasized the necessity of continued cooperation between labor, business, and government to combat inflation following the expiration of the initial 90-day wage-price freeze. The rehearsal confirmed his decision to implement a Price Commission composed of private citizens to oversee wage and price restraints.

InflationEconomic PolicyPhase IIPrice CommissionWage-price freezeSpeech rehearsal
AudioNARA Description

On October 7, 1971, President Richard M. Nixon met in the President's office in the Old Executive Office Building at an unknown time between 2:47 pm and 2:50 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 285-034 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 285-034
Date: October 7, 1971
Page | 35
White House Tapes of the Nixon Administration, 1971-1973
Richard Nixon Presidential Library and Museum, NARA Online Public Access Catalog Identifier: 597542
Time: Unknown between 2:47 pm and 2:50 pm
Location: Executive Office Building
The President rehearsed a speech.
[A transcript of the final broadcast of this speech appears in Public Papers of the Presidents,
Richard M. Nixon, 1971, pp. 1022-1026]
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 Do not cite this transcript as authoritative.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.

This goal can be accomplished only with the act of cooperation between men and workers.
To the thousands of others who have written similar letters, I want you to know how much it has meant for me to hear.
Most Americans will put their country's interest above their personal interest in fighting the inflation, in fighting this battle, fighting the battle against inflation.
Again, because the determination Americans have shown to pull together during the freeze, I am confident that our further action in stopping against inflation will succeed as well.
In planning ahead, I have consulted over the past seven weeks with scores of representatives of labor and business, of farmers and consumers, of the Congress and state and local governments.
They have been virtually unanimous in their belief that the battle against inflation must be fought here and now.
They are together in their determination to win that battle.
Consequently, I am announcing tonight that when the 90-day breach is over on November 13th, we shall continue our program of wage and price restraint.
We began this battle against inflation for the purpose of winning.
We are going to stay in it until we do win.
I am Collado, and I am appointing the Price Commission to hold our parties.
It would be made up of persons outside of government, all public members, not the whole room, but any special industry.
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