International Monetary and Trade Policy


1. Message From Vice President-Elect Mondale to President-Elect Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 67, Transition Messages: To Governor #115–141: 1/8–19/77. Secret; Eyes Only. Mondale did not initial the message, which incorrectly identifies Carter and Mondale as the President and Vice President, respectively.


2. Memorandum From Zbigniew Brzezinski to President-Elect Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Country File, Box 24, German Federal Republic: 1–3/77. Confidential. A copy was sent to Mondale. A stamped notation reads: “The President has seen,” and Carter initialed “C” at the top of the page.


3. Presidential Review Memorandum/NSC 7

Source: Carter Library, National Security Council, Institutional Files, Box 25, PRM–07. Secret. NSC Staff Secretary Jeanne Davis forwarded a copy of PRM 7 to the Secretary of Defense under cover of a January 26 memorandum, in which she noted that he had been “inadvertently omitted from the list of addressees.” (Carter Library, National Security Council, Institutional Files, Box 2, PRM/NSC 1–24 [1])


4. Paper Prepared in the Office of the Special Representative for Trade Negotiations

Source: Carter Library, Staff Office Files, Council of Economic Advisers, Charles L. Schultze Subject Files, Box 88, Trade Policy Committee. Confidential. Sent to the Trade Policy Committee (Vance, Blumenthal, Brown, Attorney General Griffin Bell, Secretary of the Interior Cecil Andrus, Bergland, Kreps, Marshall, and Schultze) under cover of a January 21 memorandum from Acting Special Representative for Trade Negotiations Clayton Yeutter. (Ibid.)


5. Memorandum From Vice President Mondale to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 31, Vice President, Europe and Japan, 1/23/77–2/1/77: 1/14–28/77. Top Secret. Carter initialed “C” at the top of the page and wrote: “Comments given on previous memos. J.” On February 2, Mondale sent Carter two memoranda: the first was on “Europe/Japan Visit—Personal Appraisal of Leaders;” the second was on “Recommended Actions Stemming from My Visit to Europe and Japan.” Both memoranda are ibid.


6. Memorandum From Robert Hormats of the National Security Council Staff to the President’s Assistant for National Security Affairs (Brzezinski)

Source: Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 24, Financial Support Fund (FSF): 2/77–4/78. Confidential. Sent for action. At the top of the page, Brzezinski wrote “plse assess more the implications of the two choices—FSF or IMF—and let us discuss it. ZB” and drew an arrow pointing to Hormats’ name. Aaron also initialed the memorandum.


7. Memorandum From the President’s Assistant for National Security Affairs (Brzezinski) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 14, Congressional: 3/77. Secret. Aaron initialed the memorandum on Brzezinski’s behalf. Carter wrote at the top of the page: “Sounds bad. J.”


8. Memorandum From Secretary of the Treasury Blumenthal to President Carter

Source: Carter Library, Staff Office Files, Council of Economic Advisers, Charles L. Schultze Subject Files, Box 89, [Treasury Memos] [1]. No classification marking. A typed notation reads “FYI.” Carter wrote at the top of the page: “Mike—ok. J.C.”


9. Memorandum From the Assistant Secretary of the Treasury for International Affairs-Designate (Bergsten) to Secretary of the Treasury Blumenthal

Source: National Archives, RG 56, Records of Assistant Secretary of the Treasury for International Affairs C. Fred Bergsten, 1977–1979, Box 1, BP–4–1 Briefing Memos—WM Blumenthal 1977. No classification marking. A copy was sent to Solomon.


10. Memorandum From Robert Hormats of the National Security Council Staff to the President’s Assistant for National Security Affairs (Brzezinski)

Source: Carter Library, National Security Affairs, Brzezinski Material, Brzezinski Office File, Subject Chron File, Box 89, Economic Policy Group: 1977. Confidential. Sent for action.


11. Memorandum From the Assistant Secretary of the Treasury for International Affairs-Designate (Bergsten) to Secretary of the Treasury Blumenthal

Source: National Archives, RG 56, Records of Assistant Secretary of the Treasury for International Affairs C. Fred Bergsten, 1977–1979, Box 1, EC–5–2 Economic Policy Group (EPG) 1977. Confidential. Sent through Solomon. Printed from a copy that indicates that Bergsten and Solomon initialed the memorandum. Tabs A–E are not attached. A list at the end of the memorandum identifies them: Tab A, “STR paper” (printed as Tab A to Document 10), Tab B, “Economic Effects of Various Options”; Tab C, “Editorials on Shoe Case” (see footnote 3, Document 10); Tab D, “Analysis of Various Options;” and Tab E, “Detailed Description of Possible Structural Reform Program for Shoes.”


12. Memorandum of Conversation

Source: Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 34, Memcons: President: 3/77. Secret; Noforn. The meeting, which took place in the Cabinet Room, ended at 11:37 a.m. (Carter Library, Presidential Materials, President’s Daily Diary) Fukuda made an official visit to the United States March 20–23. Memoranda of conversation of Carter’s March 21 meetings with Fukuda are in the Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 34, Memcons: President: 3/77.


13. Memorandum From Secretary of the Treasury Blumenthal to President Carter

Source: Carter Library, Records of the Office of the Staff Secretary, Presidential File, Box 14, 3/28/77 [1]. Confidential. Sent for action. A typed notation reads: “The President has seen.” Attached is an undated note from Carter to Eizenstat that reads: “Stu—Check w/ Congressional leaders or staffs. Then report to me. I want to build up MM [Merchant Marine] but with minimum adverse effect on consumers—HR 1037 may be best way—but I doubt it.” Hutcheson forwarded the memorandum to Eizenstat under cover of a March 28 note. (Ibid.)


14. Memorandum From Robert Hormats of the National Security Council Staff to the President’s Assistant for National Security Affairs (Brzezinski)

Source: Carter Library, National Security Affairs, Brzezinski Material, Subject File, Box 63, Special Representative for Trade Negotiations (STR): 3/77–3/80. Confidential.


15. Memorandum From the President’s Assistant for National Security Affairs (Brzezinski) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Brzezinski Office File, Subject Chron File, Box 78, Brzezinski, Chron—To/From President: 3–4/77. Confidential.


16. Memorandum From the Under Secretary of State for Economic Affairs-Designate (Cooper) to the President’s Assistant (Watson)

Source: National Archives, RG 59, Office of the Secretariat Staff, Records of the Under Secretary of State for Economic Affairs, Richard N. Cooper, 1977–1980: Lot 81D134, Box 1, Memorandums, 1977. Confidential.


18. Memorandum From the President’s Assistant for National Security Affairs (Brzezinski) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, President’s Correspondence with Foreign Leaders File, Box 11, Japan: Prime Minister Takeo Fukuda, 2–12/77. No classification marking.


19. Memorandum From Robert Hormats and Michael Armacost of the National Security Council Staff to the President’s Assistant for National Security Affairs (Brzezinski)

Source: Carter Library, National Security Affairs, Brzezinski Material, Country File, Box 40, Japan: 1–4/77. Confidential. Sent for information.


21. Memorandum From the Special Representative for Economic Summits (Owen) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 4/15–28/77. Confidential. Sent for information. Carter initialed “C” at the top of the page and wrote “good.” The memorandum was sent to Carter under cover of an undated note from Brzezinski that reads: “The enclosed is only for scanning. It will be in your briefing book.” (Ibid.)


22. Memorandum From the Representative to the European Communities (Hinton) to the Special Representative for Trade Negotiations (Strauss)

Source: National Archives, RG 364, 364–80–4, Special Trade Representative Subject Files, 1977–1979, Box 1, Agriculture 1977. Limited Official Use. At the top of the page, Strauss wrote: “Wolff + Starke—Let’s discuss.” According to another copy of this memorandum, “Starke” was in fact STR staff member James Starkey. (National Archives, RG 364, 364–80–4, Special Trade Representative Subject Files, 1977–1979, Box 3, European Community 1977)


23. Briefing Memorandum From the Under Secretary of the Treasury for Monetary Affairs (Solomon) to Secretary of the Treasury Blumenthal

Source: Carter Library, Anthony Solomon Collection, 1977–1980, Chronological File, Box 1, 4/18/77–4/30/77. Confidential. Drafted by Leddy and reviewed by Hessler and Jeanne Davis of the Executive Secretariat. A typed notation reads: “Noted by W.M.B.”


24. Memorandum From Secretary of the Treasury Blumenthal to President Carter

Source: Carter Library, Records of the Office of the Staff Secretary, Presidential File, Box 21, 5/2/77 [1]. Confidential. A stamped notation reads: “The President has seen,” and Carter initialed “C” at the top of the page.


25. Memorandum From the Special Representative for Economic Summits (Owen) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 4/29/77–5/4/77. Confidential. Sent for information. A handwritten notation at the top of the page reads: “DA—FYI.”


26. Memorandum From the President’s Assistant for National Security Affairs (Brzezinski) to President Carter

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 5/5–20/77. Confidential.


27. Minutes of the London Economic Summit Meeting

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 5/5–20/77. Secret. Sent to Carter under cover of a May 20 memorandum from Owen that reads: “I attach the notes that Bob Hormats took of the Downing Street Summit. They cover the first day and the morning of the second day. They do not cover the afternoon of the second day, which was largely devoted to revising the Declaration.” (Ibid.) The sessions of the London G–7 Summit were held May 7–8 in the State Dining Room at 10 Downing Street. Two sessions were held on May 7, the first from 10 a.m. until 1:10 p.m. and the second from 3:30 until 6:16 p.m. The third and fourth sessions on May 8 were held from 10:30 a.m. until 1:24 p.m. and from 3 p.m. until 6 p.m. (Carter Library, Presidential Materials, President’s Daily Diary) The minutes of the Summit’s second session on May 7, which covered nuclear non-proliferation and human rights, are in the Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 5/5–20/77.


28. Minutes of the London Economic Summit Meeting

Source: Carter Library, National Security Affairs, Brzezinski Material, Trip File, Box 1, President, Europe, 5/5–10/77: Memos and Cables, 5/5–20/77. Secret. The minutes of the Summit’s final session on the afternoon of May 8, which covered Summit follow-up and the Summit declaration, is in the Carter Library, National Security Affairs, Staff Material, Special Projects, Henry Owen File, Box 27, Summit: London: 5/77.


29. Memorandum From the Chairman of the Economic Policy Group (Blumenthal) to President Carter

Source: National Archives, RG 364, 364–80–4, Special Trade Representative Subject Files, 1977–1979, Box 7, Steel File #1. No classification marking. A stamped notation reads: “The President has seen.” Carter wrote at the top of the page: “cc: To Strauss & Blumenthal. J.C.”


30. Memorandum From the President’s Assistant for Domestic Affairs and Policy (Eizenstat) to President Carter

Source: Carter Library, Staff Office Files, Domestic Policy Staff, Eizenstat Files, Box 284, Steel/Chrome (CF, O/A 24) (4). No classification marking. A stamped notation reads: “The President has seen.” Carter initialed “C” at the top of the page and wrote “Stu.”