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Downing Street Years - Margaret Thatcher [40]

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humid. There was very tight security. I was glad when we arrived at the hotel where the great majority of foreign delegates, with the exception of the President of the United States, were staying. Soon after my arrival, I went to see President Carter at the United States Embassy where we talked over our approach to the issues which would arise, especially energy consumption, which posed a particular problem — and one with important political implications — for the US. Mrs Carter and Amy joined us at the end of the meeting. In spite of press criticism, the Carters obviously enjoyed having their daughter travelling with them — and why not, I thought.

It was impossible not to like Jimmy Carter. He was a deeply committed Christian and a man of obvious sincerity. He was also a man of marked intellectual ability with a grasp, rare among politicians, of science and the scientific method. But he had come into office as the beneficiary of Watergate rather than because he had persuaded Americans of the Tightness of his analysis of the world around them.

And, indeed, that analysis was badly flawed. He had an unsure handle on economics and was therefore inclined to drift into a futile ad hoc interventionism when problems arose. His windfall profits tax and controls on energy prices, for instance, only transformed the OPEC-induced price rises, which they were intended to cure, into unpopular queues at filling stations. In foreign affairs, he was over-influenced by the doctrines then gaining ground in the Democratic Party that the threat from communism had been exaggerated and that US intervention in support of right-wing dictators was almost as culpable. Hence he found himself surprised and embarrassed by such events as the Soviet invasion of Afghanistan and Iran’s seizure of American diplomats as hostages. And in general he had no large vision of America’s future so that, in the face of adversity, he was reduced to preaching the austere doctrine of limits to growth that was unpalatable, even alien, to the American imagination.

In addition to these political flaws, he was in some ways personally ill-suited to the presidency, agonizing over big decisions and too concerned with detail. Finally, he violated Napoleon’s rule that generals should be lucky. His presidency was dogged with bad luck from OPEC to Afghanistan. What it served to demonstrate, however, was that in leading a great nation decency and assiduousness are not enough. Having said which, I repeat that I liked Jimmy Carter; he was a good friend to me and to Britain; and if he had come to power in the different circumstances of the post-Cold War world, his talents might have been more apposite.

That evening the European members of the summit met together for dinner, hosted by President Giscard. The Community had, of course, already agreed its own approach to energy at Strasbourg. The main issue now was how this would fit in with that which the three non-EC governments at the G7 wished to pursue.

The following morning, after the inevitable photographs, the first session began in the Conference Room on the second floor of the Akasaka Palace. Delegations sat around an oblong table and were arranged in alphabetical order: it was always useful that this placed us next to the United States. The precise arrangements for the arrival of the leaders reflected formal considerations of precedence, heads of state arriving after heads of government, and the order in each category determined by length of time in office. Precedence meant most to the French and least to the Americans: in fact, neither Jimmy Carter nor Ronald Reagan took much notice of it at all. As the rest of us sat there we would speculate as to who would manage to arrive last.

The meeting began, as usual, with a short general speech by each head of government. Chancellor Schmidt spoke before me in the first session, and after me in the second. We found ourselves stressing exactly the same points — the importance of the battle against inflation and the crucial role of the price mechanism in limiting energy consumption.

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