Nixon White House TapesTape 726 › Conversation 726-006

Nixon & Bull on International Economics and Economic Policy

Friday, May 19, 1972 · 12:49 PM–12:51 PM ET · Oval Office

ParticipantsNixon, Richard M. (President);  Bull, Stephen B.Conversation726-006 onTape 726 (tape position 02:13:12–02:14:47)StartFriday, May 19, 1972 at 12:49 PMEndFriday, May 19, 1972 at 12:51 PMRecording deviceOval OfficeSourceNixon Library record for 726-006 ↗

President Nixon met with Stephen B. Bull to discuss the coordination of international economic business, directing Bull to oversee Peter Flanagan in a manner similar to former Treasury Secretary John Connally. Nixon emphasized that Flanagan requires guidance in this field and stressed the need for strict adherence to the projected federal budget. Additionally, Nixon instructed that the administration must maintain a public stance favoring the removal of wage and price controls leading up to the election.

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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 02:13:12 into the tape and ends around 02:14:47.

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 Do not cite it as authoritative — verify against the audio and the finding aid.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 · Timestamps are positions within the full tape recording.

2:13:04that you would like me to work closely with Peter and Peter Flanagan on the coordination of the international economic business.
2:13:09Right.
2:13:10More or less in the manner that Connolly did.
2:13:12Absolutely.
2:13:13I don't mean to exclude others.
2:13:14You have to guide him.
2:13:15There has to be.
2:13:16You have to guide him.
2:13:17Peter Flanagan is not an expert in this field.
2:13:19He knows something about it.
2:13:21You guide him.
2:13:22That's the way you do it.
2:13:24All right.
2:13:25Well, all right.
2:13:25Sure responsibility.
2:13:26Well, then go on.
2:13:27Sure.
2:13:34You've got to appear, one thing, you've got to compromise your principles on it.
2:13:38Between now and the election, appear to be for the non-tag controls.
2:13:43I've said I'm for them, and I care working, but we should get rid of them as soon as we can.
2:13:47Well, you know, we will have to work, and we will be ready.
2:13:51But we've got to do this thing, and we've got to budget this budget.
2:13:59This would... That was just what I said.
2:14:01You just...
2:14:03Right.
2:14:03That we originally projected.
2:14:36The only matter is that perhaps it might be, you might want to see the bar before garbage.
2:14:37But at the end of the day, it's, oh, I know that I often visit the day and run around and work.

On May 19, 1972, President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 12:49 pm and 12:51 pm. The Oval Office taping system captured this recording, which is known as Conversation 726-006 of the White House Tapes.

Conversation No. 726-6

Date: May 19, 1972
Time: Unknown between 12:49 pm and 12:51 pm
Location: Oval Office

The President met with Stephen B. Bull.

     President's schedule
          -Dr. W. Kenneth Riland
                 -Press reception
          -A barber's appointment
          -Robert C. Byrd
                 -Time
          -Bi-partisan congressional leaders
          -A barber's appointment

                -Time

Bull left at an unknown time before 12:51 pm.
  • 726-002 11:42 AM · 1 min — President Richard M. Nixon, Vice President Spiro T. Agnew, Stephen B. Bull, and Ronald L. Ziegler met in the Oval Office of the White House at 11:42 am.
  • 726-004 11:45 AM · 34 min — President Richard M. Nixon, Stephen B. Bull, H. R. ("Bob") Haldeman, unknown person(s), Henry A. Kissinger, Ronald L. Ziegler, and John D. Ehrlichman met in the Oval Office of the White House from 11:45 am to 12:19 pm.
  • 726-005 12:19 PM · 23 min — President Richard M. Nixon and George P. Shultz met in the Oval Office of the White House from 12:19 pm to 12:49 pm.
  • 726-007 12:51 PM · 2 min — President Richard M. Nixon and H. R. ("Bob") Haldeman met in the Oval Office of the White House from 12:51 pm to 12:55 pm.
  • 726-008 12:55 PM · 9 min — President Richard M. Nixon, William J. Porter, and Henry A. Kissinger met in the Oval Office of the White House from 12:55 pm to 1:04 pm.
  • 726-009 1:04 PM · 1 min — President Richard M. Nixon and unknown person(s) met in the Oval Office of the White House at an unknown time between 1:04 pm and 1:08 pm.
  • 726-010 1:04 PM · 4 min — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 1:04 pm and 1:08 pm.
  • 726-011 1:08 PM · 17 min — President Richard M. Nixon, H. R. ("Bob") Haldeman, and Henry A. Kissinger met in the Oval Office of the White House from 1:08 pm to 1:27 pm.

Conversation 726-006, May 19, 1972. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/726-006 (accessed September 18, 2026).