Nixon White House Tapes › Tape 565 › Conversation 565-001
Nixon, Haldeman & Colson on National Economy and Wage and Price Freeze
Monday, August 16, 1971 · 1:08 PM–1:40 PM ET · Oval Office
AI Summary
President Nixon met with H. R. Haldeman, John Connally, Charles Colson, and other advisors to assess the public and economic response to his recently announced domestic economic program. The participants discussed the reaction of the stock market, business community, and media to the wage and price freeze, while strategizing on managing political credibility and legislative support. The discussion also addressed necessary administrative adjustments to welfare reform and federal budget cuts, as well as preparations for upcoming briefings with Congressional leaders.
Audio
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 00:00:34 into the tape and ends around 00:27:31.
Transcript (AI-generated)
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 Do not cite it as authoritative — verify against the audio and the finding aid.
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NARA Description
On August 16, 1971, President Richard M. Nixon, H. R. ("Bob") Haldeman, Ronald L. Ziegler, Rose Mary Woods, Stephen B. Bull, White House operator, Charles W. Colson, John B. Connally, and Bernard J. ("Bunny") Lasker met in the Oval Office of the White House at an unknown time between 1:08 pm and 1:40 pm. The Oval Office taping system captured this recording, which is known as Conversation 565-001 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 564-4/565-1
Date: August 16, 1971
Time: Unknown between 1:08 pm and 1:40 pm
Location: Oval Office
The President met with H. R. (“Bob”) Haldeman, Ronald Ziegler, Rose Mary Woods, and
Stephen B. Bull.
[The recording began while the conversation was in progress]
Press coverage
Request for Charles W. Colson
Bull left at an unknown time after 1:08 pm.
Peter M. Flanigan
-Location
Haldeman talked with the White House operator at an unknown time between 1:08 pm and 1:18
pm.
[Conversation No. 564-4/565-1N]
[See Conversation No. 8-1]
[End of telephone conversation]
National economy
-President's program
-Unknown draft
-Updating economic structure
-Timing
-John B. Connally
-National Aeronautics and Space Administration [NASA]
-Jobs
-Statistics
-Connally's previous press conference
2
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
-Food prices
-Connally's June 27, 1971 speech
-Credibility
-Treasury Department
Administration's credibility
-Lyndon B. Johnson
Press
-People’s Republic of China [PRC] initiative
-President’s economic program
-September 1971
National economy
-Newsweek
-Henry Hubbard's conversation with Ziegler, August 15, 1971
-Wage and price freeze
-Timing
-John D. Ehrlichman
-Dan Rather
-President's program
Connally's health
The President talked with the White House operator at an unknown time between 1:08 pm and
1:18 pm.
[Conversation No. 564-4/565-1O]
[See Conversation No. 8-2]
[End of telephone conversation]
Haldeman talked with the White House operator.
[Conversation No. 564-4/565-1V]
[See Conversation No. 8-3]
[End of telephone conversation]
3
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
Cancellation of call to Colson
Colson entered at 1:18 pm.
National economy
-President's program
-Reaction
-Stock market
-Volume of trading
-Automobiles
-Television coverage
-Request for Haldeman to call Bernard J. (“Bunny”) Lasker
Haldeman talked with the White House operator at an unknown time between 1:18 pm and 1:20
pm.
[Conversation No. 564-4/565-1P]
[See Conversation No. 8-4]
[End of telephone conversation]
National economy
-President's program
-Connally's previous press conference
-Colson's conversation with Frank Stanton
The President talked with the White House operator.
[Conversation No. 564-4/565-1W]
[See Conversation No. 8-5]
[End of telephone conversation]
-Devaluation
-Re-broadcast
-Stanton
-Reaction
-[Columbia Broadcasting System [CBS] executives]
-PRC initiative
4
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
The President talked with Connally between 1:20 pm and 1:23 pm.
[Conversation No. 564-4/565-1Q]
[See Conversation No. 8-6]
Colson talked with Connally.
Ziegler talked with Connally.
The President talked with Connally.
[End of telephone conversation]
Connally's previous press conference
-Press
-“Face the Nation”
President’s schedule
-Press conference
-Timing
National economy
-President's program
-Reaction
-Businessmen
-Stock market
-Stock market
-Record
-Timing
-Possible action
-William J. Casey
Haldeman talked with Lasker at an unknown time between 1:23 pm and 1:40 pm.
[Conversation No. 564-4/565-1R]
[See Conversation No. 8-7]
[This portion of the conversation was contemporaneous with the Haldeman-Lasker telephone
5
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
conversation]
National economy
-President's program
-Reaction
-George S. McGovern
-Louis P. Harris's views, August 15, 1971
-Public psychology
-Confidence
-Protectionism
-Surcharge
-Connally’s press conference
-Franklin D. Roosevelt
[End of telephone conversation]
Haldeman's previous conversation with Lasker
-Stock market
-Records
-Figures
-Studebaker Corporation
-Current status, August 16, 1971
-Dow-Jones Industrial Average
-Prospects
-Investor confidence
-President’s August 15, 1971 speech
National economy
-President's program
-President's forthcoming meeting with Congressmen, August 17, 1971
-Wilbur D. Mills
-Reaction
-Mills
-Connally
-Michael J. Mansfield
6
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
**********************************************************************
BEGIN WITHDRAWN ITEM NO. 5
[Personal Returnable]
[Duration: 1m 14s ]
END WITHDRAWN ITEM NO. 5
**********************************************************************
Blacks
-As issue
-Alabama Court ruling, August 16, 1971
-George C. Wallace
National economy
-President's program
-Welfare reform
-President’s August 15, 1971 speech
-Vermont call
-Congress
-President’s 1969 proposal
-Delay
-Daniel P. Moynihan
-Department of Health, Education and Welfare [HEW]
-Revenue-sharing
-Congress
-President's previous conversation with Nelson A. Rockefeller
-Patrick J. Buchanan
-Conservatives
-Reaction
-Conservatives
-Budget cuts
-Foreign aid
-Federal employees
-John F. Griner of the American Federation of Government Employees
[AFGE]
-Employee cuts
-George P. Shultz
7
NIXON PRESIDENTIAL MATERIALS STAFF
Tape Subject Log
(rev. 10/06)
Conv. No. 564-4/565-1 (cont.)
-HEW, Office of Economic Opportunity [OEO], Housing
and Urban Development [HUD]
-Federal Bureau of Investigation [FBI]
-Drug enforcement
President's schedule
-Forthcoming briefing at State Department
-Press
-Ziegler’s role
-Possible leaks
-Shultz
-Haldeman’s instructions to Manolo Sanchez
The President, et al. left at 1:40 pm.Also recorded on August 16, 1971
- 008-001 1:08 PM · 37 sec — H. R. ("Bob") Haldeman, White House operator, and President Richard M. Nixon talked on the telephone at an unknown time between 1:08 pm and 1:18 pm.
- 008-002 1:08 PM · 6 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 1:08 pm and 1:18 pm.
- 008-003 1:18 PM · 5 sec — H. R. ("Bob") Haldeman and the White House operator talked on the telephone at an unknown time between 1:18 pm and 1:20 pm.
- 008-004 1:18 PM · 7 sec — H. R. ("Bob") Haldeman and the White House operator talked on the telephone at an unknown time between 1:18 pm and 1:20 pm.
- 008-005 1:18 PM · 5 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 1:18 pm and 1:20 pm.
- 008-006 1:20 PM · 3 min — President Richard M. Nixon, John B. Connally, Charles W. Colson, and Ronald L. Ziegler talked on the telephone at an unknown time between 1:20 pm and 1:23 pm.
- 008-007 1:23 PM · 3 min — Bernard J. ("Bunny") Lasker and H. R. ("Bob") Haldeman talked on the telephone at an unknown time between 1:23 pm and 1:40 pm.
- 274-001 1:40 PM · 1 min — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 1:40 pm and 2:40 pm.
Cite this conversation
Conversation 565-001, August 16, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/565-001 (accessed October 12, 2026).