- ·· _ No Objection To Declassification 2008 04 29 NLC-1- 7-1 -i MEMORANDUM p SECRET • THE WHITE HOUSE 'l'OP SECRET WASHINGTON October 15 1979 MEMORANDUM FOR TBE PRESIDENT 'ROM ZBIGNIBW BRZEZINSKI SDBJECTa NLC Review Completed - Daily Report NSC Activity British Nuclear Poree Modernization At my regular luncheon meeting with Cy and Harold it was agreed to recommend to you that the o s indicate to the British that we would respond affirmatively to a request for assistance in modernizing their Polaris force -- including the C-4 Trident I missile system which the British clearly want -- but that the UK should delay making a formal request You already approved a posture of being •positive and constructive• in response to British interest in SLBM modernization but they are now approaching a decision point They have not made a formal request as yet and in the V-B-B luncheon it was agreed that such a request should be put off until after an alliance decision on TNP and SALT ratification Otherwise some of our Allies would have · an excuse for not participating in TN ' and the Soviets might have further incentive to scuttle SALT Accordingly a letter along these lines for your approval is being prepared from you to Margaret Thatcher which David Aaron can deliver this week in London It will suggest that this issue be considered further during her visit here in December TS Information Bleak Outlook for Curbing Japanese Inflation Sharply higher doilar pr ces for Imported raw materials -- particularly oil -and a 20-percent depreciation of the yen since last October have touched off the most serious round of inflation in Japan since 1973-74 After declining most of last year wholesale prices soared at a 20-percent annual pace in the April-June quarter and consumer price inflation could hit double figures before the end of the year U State Department review completed · TOP SECRET REVIEW ON OCTOBER 13 2009 CLASSIPIED BY MULTIPLE SOURCES TOP SECRET No Objection To Declassification 2008 04 29 NLC-1-12•7-10-9