Nixon White House Tapes — Conversation 285-034 Date: Thursday, October 7, 1971 at 2:47 PM Participants: Nixon, Richard M. (President) Recording device: Old Executive Office Building Source: https://www.easynixon.org/tapes/285-034 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [0:00] This goal can be accomplished only with the act of cooperation between men and workers. [0:13] To the thousands of others who have written similar letters, I want you to know how much it has meant for me to hear. [0:18] 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. [0:33] 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. [0:44] 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. [0:54] They have been virtually unanimous in their belief that the battle against inflation must be fought here and now. [1:00] They are together in their determination to win that battle. [1:06] 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. [1:13] We began this battle against inflation for the purpose of winning. [1:17] We are going to stay in it until we do win. [1:21] I am Collado, and I am appointing the Price Commission to hold our parties. [1:25] It would be made up of persons outside of government, all public members, not the whole room, but any special industry.