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On November 2, 1971, President Richard M. Nixon and George P. Shultz talked on the telephone from 2:26 pm to 2:34 pm. The White House Telephone taping system captured this recording, which is known as Conversation 013-075 of the White House Tapes. Topics include: The President talked with George P. Shultz. [See Conversation No. 300-7] National economy - Pay Board - Benjamin F. Biaggini - Forthcoming meeting with Shultz - Proposition for George Meany - Forthcoming meeting with Shultz - Deferred wage increases - Administration's goal - Arthur F. Burns' view - Meany - Administration's goal -1972 election - Labor's goal - Possible public reaction - Possible White House response. Participants: Nixon, Richard M. (President); Shultz, George P.