Nixon White House Tapes › Tape 581 › Conversation 581-007

Nixon, Knauer & Grant on Consumerism and Credit Unions

Thursday, September 30, 1971 · 12:45 PM–12:51 PM ET · Oval Office · 5 min

ParticipantsNixon, Richard M. (President); Knauer, Virginia H.; Grant, Richard H.; Gregory, Marion F.Conversation581-007 on Tape 581 (tape position 02:32:09–02:36:48)StartThursday, September 30, 1971 at 12:45 PMEndThursday, September 30, 1971 at 12:51 PMRecording deviceOval OfficeSourceNixon Library record for 581-007 ↗

AI Summary

President Nixon met with Consumer Affairs Advisor Virginia Knauer and representatives from the credit union movement to discuss the status and growth of credit unions. The participants reviewed efforts to increase enrollment and debated the operational effectiveness of these organizations despite current statistical limitations. The meeting concluded with a symbolic gesture as the President was presented with presidential cufflinks.

Audio

Download MP3 · 10.4 MB

Transcript (AI-generated)

This transcript is incomplete. The transcription skipped stretches of speech — roughly 4 minutes of this recording (about 80% of it) is represented by only a few words. Listen to the audio rather than relying on the text below; a corrected transcript is queued.

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 Do not cite it as authoritative — verify against the audio and the finding aid.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

· Click a timestamp to play from that point; the page address then links to that moment (e.g. #t=125).
Oh, I'm sorry to keep you waiting, but we have a... You're not...
I hope you love that.
I love it when the consumer does that.
Well, uh, we've got 23 missions, so we've got... 19, 30, no?
Those are the ones.
That's the group.
Are you a member of the backlist?
No, not that I know of.
I've met some members of the backlist, but I don't think I am.
Maybe we can roll you to the backlist.
That's it, yeah.
We have a great team.
Well, I don't know.
Well, that's fine.
I was in that park boarder in Madison, Wisconsin.
I'm down in New Orleans with my wife and I.
We chatted for a few more minutes.
Oh yeah, exactly, yeah.
I thought it was a big business.
I hope we can prove this.
What do you call it?
Well, I would say that particularly in the small arts and crafts, we ought to be able to put people up in the club getting through because in this season, particularly in the small arts and crafts, we see an increase in our art of creating and operation.
So if this is an indication of what's going on throughout the creating of the world,
I hope it is.
What were we told on the spot?
We didn't have enough statistical base to show how strong we think it's really.
But we have more money, you see, than we've got good loans.
So there's a lot of that man for a rack, right?
It turns loose, it's gonna get hit, it's a small rack.
They've got a, you know,
This year, we haven't been successful.
Our year is great.
I haven't seen much of a record for 17 times.
Yeah, yeah.
We'll be way lower.
That's good.
Well, I'll give you a little bit.
Good, I'm glad to hear that.
Thank you.
Thank you.

NARA Description

On September 30, 1971, President Richard M. Nixon, Virginia H. Knauer, Richard H. Grant, and Marion F. Gregory met in the Oval Office of the White House from 12:45 pm to 12:51 pm. The Oval Office taping system captured this recording, which is known as Conversation 581-007 of the White House Tapes.

Nixon Library Finding Aid

Conversation No. 581-7

Date: September 30, 1971
Time: 12:45 pm - 12:51 pm
Location: Oval Office

The President met with Virginia H. Knauer, Lt. Gen. Herman Nickerson, Jr., Richard H. Grant,
Marion F. Gregory.
[The White House photographer was present at the beginning of the meeting]

     [General conversation]

     Consumerism
         -Date

     Credit unions
          -Enrollment of the President
          -Increase of enrollment
          -More effective operations

     Gifts
             -Presidential cufflinks

Knauer, et al. left at 12:51 pm.

Also recorded on September 30, 1971

  • 581-005 12:18 PM · 41 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 12:18 pm and 12:20 pm.
  • 581-006 12:20 PM · 25 min — President Richard M. Nixon, William P. Rogers, and Henry A. Kissinger met in the Oval Office of the White House from 12:20 pm to 12:45 pm.
  • 581-008 12:51 PM · 36 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at 12:51 pm.
  • 581-009 12:51 PM · 6 min — President Richard M. Nixon, L. Scott Olson, Curtis Sliwa, Jimmy French, Kevin Markwell, Christopher Messina, Bruce Hynes, David Byers, David Bell, Jr., Glenn Norris, Millard Hall, John Neeld, John Neurschwander, Gretchn McHale, Charles W. Colson, Neal Ball, and DeVan L. Shumway met in the Oval Office of the White House from 12:51 pm to 12:58 pm.
  • 581-010 12:58 PM · 19 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at 12:58 pm.
  • 581-011 12:58 PM · 1 hr 5 min — President Richard M. Nixon, George P. Shultz, Herbert Stein, unknown person(s), Henry A. Kissinger, and Manolo Sanchez met in the Oval Office of the White House from 12:58 pm to 2:11 pm.
  • 010-036 12:59 PM · 6 sec — President Richard M. Nixon and the White House operator talked on the telephone at 12:59 pm.
  • 010-037 1:04 PM · 11 sec — President Richard M. Nixon and the White House operator talked on the telephone at 1:04 pm.

All 28 conversations from September 30, 1971 →

Cite this conversation

Conversation 581-007, September 30, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/581-007 (accessed September 28, 2026).