Nixon White House Tapes › Tape 618 › Conversation 618-032
Nixon, Grayson & Boldt on Phase II and Pay Board
Monday, November 15, 1971 · 1:53 PM–2:02 PM ET · Oval Office · 10 min
AI Summary
President Nixon met with Pay Board Chairman George H. Boldt and Price Commission Chairman C. Jackson Grayson to discuss the ongoing challenges of Phase II of his economic stabilization program. The discussion focused on the political and economic friction surrounding the issue of retroactivity for labor contracts and the necessity of prioritizing public policy over individual contract enforcement to curb inflation. The participants also coordinated their strategy for an upcoming public meeting with the Cost of Living Council, emphasizing the need for brief, unified messaging to demonstrate the stability and progress of their efforts to the American public.
- Phase II
- Pay Board
- Price Commission
- Inflation
- Economic Policy
- Retroactivity
- Cost of Living Council
Audio
Transcript (AI-generated)
This transcript is incomplete. The transcription skipped stretches of speech — roughly 5 minutes of this recording (about 45% 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 Do not cite it as authoritative — verify against the audio and the finding aid.
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NARA Description
On November 15, 1971, President Richard M. Nixon, Dr. C. Jackson ("Dan") Grayson, Jr., George H. Boldt, Donald H. Rumsfeld, Stephen B. Bull, White House photographer, and Ronald L. Ziegler met in the Oval Office of the White House from 1:53 pm to 2:02 pm. The Oval Office taping system captured this recording, which is known as Conversation 618-032 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 618-32
Date: November 15, 1971
Time: 1:53 pm - 2:02 pm
Location: Oval Office
The President met with C. Jackson Grayson, George H. Boldt and Donald H. Rumsfeld; Stephen
B. Bull and the White House photographer were present at the beginning of the meeting.
Greetings
National economy
-Price Commission and Pay Board
-Difficulty of job
-Performance
-The President’s recent press conference
-Uncertainty
-Pay Board
-Labor participation
-George Meany's statement
-Press
-Forthcoming decisions
-Retroactivity
-Organized labor
-Sanctity of contracts
-Public policy
-Inflation
-Rumsfeld's conversation with General Motors
-Prices
-Application
-90 day freeze
-Labor
-Business participation
-Meeting, November 11, 1971
-Retroactivity
Stephen B. Bull and Ronald L. Ziegler entered at an unknown time after 1:53 pm.
The President's schedule
-Cost of Living Council [COLC]
-Agenda
-John B. Connally
-Press
-Length of remarks
-Congressmen
-Purpose
-The President's forthcoming remarks
-The President's economic program
-Pay Board and Price Commission
-Phase II
-Inflation
National economy
-Pay Board
-Retroactivity
COLC
-Forthcoming meeting
-Press
-Grayson’s and Boldt’s appearance on "Face the Nation," November 14,
1971
-The President’s schedule
-Camp David
-Handling
-Connally
The President et al., left at 2:02 pm.Also recorded on November 15, 1971
- 618-027 1:16 PM · 8 sec — President Richard M. Nixon and unknown person(s) met in the Oval Office of the White House at an unknown time between 1:16 pm and 1:53 pm.
- 618-033 2:02 PM · 2 min — unknown person(s) met in the Oval Office of the White House at an unknown time between 2:02 pm and 2:13 pm.
- 014-105 2:13 PM · 10 sec — President Richard M. Nixon and the White House operator talked on the telephone at an unknown time between 2:13 pm and 2:19 pm.
- 618-034 2:13 PM · 20 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 2:13 pm and 2:19 pm.
- 618-035 2:13 PM · 12 sec — President Richard M. Nixon and Henry A. Kissinger met in the Oval Office of the White House at an unknown time between 2:13 pm and 2:19 pm.
- 618-036 2:13 PM · 5 sec — President Richard M. Nixon and Manolo Sanchez met in the Oval Office of the White House at an unknown time between 2:13 pm and 2:19 pm.
- 618-037 2:13 PM · 11 sec — President Richard M. Nixon and the White House operator met in the Oval Office of the White House at an unknown time between 2:13 pm and 2:19 pm.
- 014-106 2:20 PM · 34 sec — President Richard M. Nixon, White House operator, and Howard H. Baker, Jr. talked on the telephone from 2:20 pm to 2:21 pm.
Cite this conversation
Conversation 618-032, November 15, 1971. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/618-032 (accessed October 1, 2026).