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Start Date: Tue Sep 07 1971 12:03:00 GMT+0000 (Coordinated Universal Time)

Description: On September 7, 1971, President Richard M. Nixon and the Council on International Economic Policy, including Brandon Sweizer, Peter G. Peterson, Clifford M. Hardin, William P. Rogers, Nathanial Samuels, John B. Connally, Paul A. Volcker, Melvin R. Laird, Maurice H. Stans, James D. Hodgson, David M. Kennedy, George P. Shultz, Paul W. McCracken, Carl J. Gilbert, John D. Ehrlichman, Henry A. Kissinger, Richard V. ("Dick") Allen, Deane R. Hinton, Donald A. Webster, Robert D. Hormats, Raymond J. Waldeman [?], Peter M. Flanigan, and unknown person(s), met in the Cabinet Room of the White House at an unknown time between 8:03 am and 10:36 am. The Cabinet Room taping system captured this recording, which is known as Conversation 071-001 of the White House Tapes.