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Conversation 426-038

TapeTape 426StartTuesday, April 10, 1973 at 3:34 PMEndTuesday, April 10, 1973 at 3:45 PMParticipantsNixon, Richard M. (President);  Waggonner, Joe D., Jr.Recording deviceOld Executive Office Building
AudioNARA Description

On April 10, 1973, President Richard M. Nixon and Joe D. Waggonner, Jr. met in the President's office in the Old Executive Office Building from 3:34 pm to 3:45 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 426-038 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 426-38

Date: April 10, 1973
Time: 3:34 pm - 3:45 pm
Location: Executive Office Building

The President talked with Joseph D. Waggonner, Jr.

[See Conversation No. 44-132]
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 Do not cite this transcript as authoritative.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.

Thank you.
Oh, you're my core colleague, too.
I know it's a funny job, too, for you both.
But it really is no joke, because I know when the party guys put their arm on me, I always say it's worth it.
Do you want to work another night?
Let's get to work.
... ... ...
uh...
I've got that in there.
Not the old version.
If you do the old version, it's going to be highly inflationary right now at a time when inflation is pretty tough.
The problem we've got now, the recent inflation is tough because we've got a hell of a lot of money.
So it's sort of good in one way and bad in another way.
You know, there's labor shortages all through the summer.
Real, real, you know, and it's got skilled stuff.
Right now, the day that you can't get anybody to work.
Sure.
It isn't because Joe's people have got more.
People are buying more.
It's not only Joe's.
in places like Singapore, Richard.
I'd rather be that way than the other way.
It's a good one, I think.
Yeah, we have to, of course, we have to open up.
It just gives us the tools we need to do the job.
But as I told the boys today, I said, look,
I mean, some of you would be able to get the power of the president.
Now, I know all this art.
I don't want any more power.
We should put the money back here for this stuff.
But the point is that I can't send a negotiator like Beverly abroad to negotiate with the Japanese or the Germans.
And then the guy on the other side of the table says, look, I can do this.
And everybody says, well, wait, I've got to check with the Congress.
I said, I can't make any deals that way.
Right?
Correct.
Correct.
Yeah, I know.
Good.
I'd love to see it.
Good, dude.
Hey.
Tomorrow, I'm going to come down and call them.
I'm going to go over to the chair.
I'm going to sit down.
I'm going to sit down tomorrow.
I'm going to be here on Thursday.
Okay.
Okay.
Thank you.
Boy, they are fantastic.
Fantastic.
What they've gone through.
Yeah.
They believe it.
Okay.
That's right.
That's right.
Right.
Yeah, one of them.
I said, you know, I said, a lot of you may have noticed that a lot of
... ... ...
Okay.
All right.
Thank you.
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