Nixon White House Tapes › Tape 305 › Conversation 305-001

Nixon, Connally & Burns on Economic Policy and Federal Reserve

Wednesday, November 24, 1971 · 1:13 PM–2:35 PM ET · Old Executive Office Building

ParticipantsNixon, Richard M. (President); Connally, John B.; Burns, Arthur F.Conversation305-001 on Tape 305 (tape position 00:00:38–00:32:20)StartWednesday, November 24, 1971 at 1:13 PMEndWednesday, November 24, 1971 at 2:35 PMRecording deviceOld Executive Office BuildingSourceNixon Library record for 305-001 ↗

President Nixon met with Treasury Secretary John B. Connally and Federal Reserve Chairman Arthur F. Burns to discuss economic policy and the administrative schedules of key advisors. Henry Kissinger and George P. Shultz also joined the consultation to address matters of national policy. The discussion focused on coordinating economic objectives and personnel management during a period of transition.

Download MP3 · 34.5 MB

This conversation has not yet been cut into its own clip, so the player above contains the full tape segment shared with neighbouring conversations. It begins about 00:00:38 into the tape and ends around 00:32:20.

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Names and numbers are often wrong; speakers are not identified. Do not cite it as authoritative — verify against the audio and the finding aid.

Download transcript (.txt) · JSON data

1:01... ... ... ... ...
31:52I wish you well.
32:16I wish you peace.
32:17I wish you peace.
32:17I wish you peace.
32:17I wish you peace.
32:18I wish you peace.
32:18I wish you peace.
32:20Thank you for watching!

On November 24, 1971, President Richard M. Nixon, John B. Connally, and Arthur F. Burns met in the President's office in the Old Executive Office Building from 1:13 pm to 2:35 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 305-001 of the White House Tapes.

Conversation No. 305-1

Date: November 24, 1971
Time: 1:13 pm - 2:35 pm
Location: Old Executive Office Building

The President met with John B. Connally and Arthur F. Burns.
[The recording began at an unknown time while the meeting was in progress]

An unknown person entered at an unknown time after 1:13 pm.

     Henry A. Kissinger's attendance at meeting

The unknown person left at an unknown time before 1:22 pm.

An unknown person entered at an unknown time after 1:13 pm.

The unknown person left at an unknown time before 1:22 pm.

George P. Shultz entered at an unknown time after 1:13 pm.

     [Unintelligible]

Kissinger entered at 1:22 pm.

     Burns's schedule

Connally, et al., left at 2:35 pm.
  • 015-136 11:44 AM · 6 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 11:44 am and 11:46 am.
  • 624-016 11:44 AM · 36 sec — President Richard M. Nixon, Stephen B. Bull, and unknown person(s) met in the Oval Office of the White House at an unknown time between 11:44 am and 11:46 am.
  • 015-137 11:46 AM · 8 sec — President Richard M. Nixon and the White House operator talked on the telephone at 11:46 am.
  • 624-020 11:46 AM · 38 min — President Richard M. Nixon, John B. Connally, Arthur F. Burns, White House photographer, White House operator, and unknown person(s) met in the Oval Office of the White House from 11:46 am to 12:27 pm.
  • 624-021 12:27 PM · 44 min — President Richard M. Nixon, William P. Rogers, Henry A. Kissinger, and unknown person(s) met in the Oval Office of the White House from 12:27 pm to 1:12 pm.
  • 624-022 1:12 PM · 25 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 1:12 pm and 1:13 pm.
  • 624-023 1:13 PM · 22 sec — unknown person(s) met in the Oval Office of the White House at an unknown time between 1:13 pm and 2:39 pm.
  • 624-024 2:40 PM · 32 min — President Richard M. Nixon, Najeeb E. Halaby, Peter M. Flanigan, White House photographer, and Manolo Sanchez met in the Oval Office of the White House from 2:40 pm to 3:11 pm.

Conversation 305-001, November 24, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/305-001 (accessed October 9, 2026).