President Nixon consulted with George P. Shultz to coordinate strategy for an upcoming meeting with Congressional leaders regarding economic policy. They discussed the effectiveness of the current wage and price freeze, analyzed positive economic indicators such as rising housing starts and GNP projections, and debated the handling of upcoming economic legislation. The pair specifically addressed the need to secure a deadline extension for economic programs to ensure ongoing legislative support and administrative success.
On September 17, 1971, President Richard M. Nixon, Manolo Sanchez, Stephen B. Bull, and George P. Shultz met in the Oval Office of the White House at an unknown time between 2:32 pm and 2:37 pm. The Oval Office taping system captured this recording, which is known as Conversation 575-003 of the White House Tapes.
Nixon Library Finding AidConversation No. 575-3
Date: September 17, 1971
Time: Unknown between 2:32 pm and 2:37 pm
Location: Oval Office
The President met with Manolo Sanchez.
Greetings
Stephen B. Bull entered at an unknown time after 2:32 pm.
President’s schedule
-Upcoming meeting with Congressional leaders
-Number of people absent
-John B. Connally
-Meeting with George P. Shultz
Bull left at an unknown time before 2:34 pm.
Pen
Schedule
-Unidentified trip
-Time
-H. R. (“Bob”) Haldeman
-Henry A. Kissinger
-William P. Rogers
-John D. Ehrlichman
-John N. Mitchell
-Haldeman
Sanchez left and Shultz entered at 2:34 pm.
Congressional leadership meeting
-Briefing
-Shultz's possible statement
-The President's possible statement
-Presentation
-William Proxmire
-Spiro T. Agnew
-Governors meeting
-Clark MacGregor
-The President's possible statement
-Shultz
-Wage and price freeze
-Effectiveness
-Cooperation
-Support for program
Economic policies
-Industrial production index
-Reflection on the President's policies
-Preliminary report
-Gross National Product [GNP] goal
-Percentage
-Housing starts
-Rise
-Record high figure
Congressional meeting
-Economic legislation
-Deadline
-Date
-Extension
-Time
-Handling
-The President’s possible statement
-Unknown person’s statement
-Herbert Stein
The President and Shultz left at 2:37 pm.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 Do not cite this transcript as authoritative.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.