On March 29, 1973, President Richard M. Nixon and George P. Shultz met in the President's office in the Old Executive Office Building from 5:11 pm to 5:13 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 426-010 of the White House Tapes.
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 Do not cite this transcript as authoritative.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.
Yeah.
George, I just wanted to know in terms of, as I understand, with our ceiling deal, we plan to keep it in effect indefinitely.
The purpose is to keep it in effect until the prices are down.
Can I say that?
Yeah, yeah, I got that.
Well, like I said, these prices must, the way you've got it, these prices must not go higher.
With the help of the housewife and the farmer, they can and should go down.
And I want to add this sentence.
The ceiling will remain in effect as long as it's necessary to do the job.
You've got to keep prices down.
Too strong.
Okay.
Okay.
Bye.
Yeah.
Yeah.
Oh, yeah.
Get me the two names.
You'll come over, and then maybe while you're there, I'll make the call.
Well, that's right.
We're meeting in the morning.
And if we've got time, your meeting comes first.
But if we get through before, I'll make the call.
Thanks, George.