Conversation 292-015

TapeTape 292StartTuesday, October 19, 1971 at 5:09 PMEndTuesday, October 19, 1971 at 5:27 PMTape start time02:17:45Tape end time02:26:20ParticipantsNixon, Richard M. (President);  Colson, Charles W.Recording deviceOld Executive Office Building

On October 19, 1971, President Richard M. Nixon and Charles W. Colson met in the President's office in the Old Executive Office Building from 5:09 pm to 5:27 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 292-015 of the White House Tapes.

Conversation No. 292-15

Date: October 19, 1971
Time: 5:09 pm - 5:27 pm
Location: Executive Office Building

The President talked with Charles W. Colson.

[See Conversation No. 11-141]

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 Do not cite this transcript as authoritative.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.

Any other things to report now?
I'm going to have to have one on Monday.
That would probably be a good time to do it.
We need about $2 more.
Yeah, yeah, I said that .
And he's coming back .
What has he got, flu?
Is that what it is or something else?
Yeah.
Okay.
Anyway, our situation tomorrow is really clear.
Yes, sir.
Well, that was a good vote in the House.
You know, particularly a tougher vote than the others was the way that Les nailed it down.
It was flat out.
Yeah.
But I had made the vote up or down on which they said they would not accept the Senate amendment.
Isn't that right?
We're glad that they're supposed to.
I did vote for the leaders, and I went over and did the Democrats do this one.
So I walked the vote, and we had 40 Democrats in the House.
Right.
Right.
Right.
Right.
Yeah, I talked to Rumsfeld.
He didn't have a number.
I don't know why they're holding back on it, but he just said that Gallup said it was up.
So I'm not sure what the word is on that.
except on the first base on the 1st and the 3rd.
But he wants that kept extremely.
Apparently the government is terribly sensitive about any of these things.
So I'm not sure he's going to sign them again.
A lot of them.
Yeah, a lot of them.
Yeah.
But it must be of some, or he wouldn't say so, because he said it called for himself to say he wanted to do that.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
Yeah.
So I don't know what those defensemen had at the end of the day.
That's the final thing.
We had the summit.
We also had the next aisle.
And also I made an announcement at a good reception in North Carolina.
I talked to George Shultz a little when we were on budget.
He, of course, is a monitor for everybody.
I'll tell you a funny thing.
I am not just pessimistic about this economy somewhere.
God damn it.
You know, whether it's housing or cars or anything else, we just hear too many other things that people feel is better than the rent.
So I think frankly the people we talk to, the market and all that sort of thing, those people reflect that.
I think out in this country, there's going to be something.
You know, Harris and you, that we're going to have a hell of a Christmas.
Do you agree with that?
We're going to get one with a consumer price.
Sure, sure.
I don't know what the hell else we can do, it's just, it is going on in my life, you know, I just think it's a hell of a lot further.
I think it's just the psychology.
So it's eight, seven, eight, come on, come on, come on.
I'm sorry.
I mean, every time I read McCracker's analysis, he was so cautious about it.
He said, well, it's mostly automobile, and that's not very healthy.
Well, when the goddamn automobiles come, when all those bills are down, they say, well, that's bad.
So they're good.
He really is, you know.
They have all this bullshit about their base truly being so uncertain.
They have questions on certain things.
You have to have absolute dictatorship.
And you've got to keep that.
But at least the rate of inflation has got to be medicated due to the fact that labor at least is taking so much responsibility.
So rather than having the 15% of your degree, you'll have maybe 8 or maybe 6 or maybe 7.
That's a whole lot of money.
It's negative that, uh, that meeting said what he did, you know, that, what he said, the big man, you know, that, now that's, uh, that shows you, you appreciated that involvement.