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(Ambassador to the United Nations), Paul A. Volcker (Chairman of the Federal Reserve
Board), Sol Linowitz (Chief Negotiator on the Panama Canal Treaties/Mid-East Envoy),
John C. Sawhill (Deputy Secretary of Energy/Head of the Synthetic Fuels Corp.), Hedley
Donovan (Special Assistant to the President), Lloyd N. Cutler (Counsel to the President),
Gerald C. Smith (Ambassador at Large for Nuclear Power Negotiations), Richard N.
Gardner (Ambassador to Italy), Elliot L. Richardson (Delegate to the UN Law of the Sea
Conference), Henry Owen (Special Representative of the President for Economic
Summits/Economic Advisor), Warren Christopher (Deputy Secretary of State), Paul C.
Warnke (Director of the Arms Control and Disarmament Agency), Richard N. Cooper
(Under Secretary of State for Economic Affairs), Lucy Wilson Benson (Under Secretary
of State for Security Affairs), Anthony Solomon (Deputy Secretary of State for Monetary
Affairs), Robert R. Bowie (Deputy Director of Intelligence for National Estimates), W.
Anthony Lake (Under Secretary of State for Policy Planning), Richard Holbrooke
(Assistant Secretary of State for East Asian and Pacific Affairs), C. Fred Bergsten
(Assistant Secretary of Treasury for International Affairs), Leslie Gelb (Director of the
Bureau of Politico-Military Affairs), Theordore C. Sorenson (Director of the Central
Intelligence Agency), Richard Moose (Assistant Secretary of State for African Affairs),
Brock Adams (Secretary of Transportation), Leonard Woodcock (U.S. Ambassador to
Peking), and Joseph Califano (Secretary of Health, Education and Welfare)
U.S. News and World Report reported: “The Trilateralists have taken charge of foreign
policy-making in the Carter Administration, and already the immense power they wield is
sparking some controversy. Active or former members of the Trilateral Commission now head
every key agency involved in mapping U.S. strategy for dealing with the rest of the world.”
Being dominated by the chief advisors of the Commission, almost every aspect of Carter’s
foreign policy reflected a Trilateral viewpoint. They took advantage of Carter’s ignorance of
foreign policy, which became a series of concessions to Cuba, Panama, Red China, and Russia:
1) The Panama Canal was given away by the Carter Administration in a treaty negotiated by
Sol Linowitz of the Commission. The reason– Marxist Panamanian leader Omar Torrijos owed
the International Bankers $2 billion in loan payments, so income received from the Canal could
help pay them back. The U.S. also guaranteed a 5-year program of loans and credits, which
amounted to $295 million; and a 10 year, $50 million arms sale agreement to bolster the defense
of the Canal.
2) Carter’s withdrawal of a large number of troops from South Korea opened the area up for
possible communist aggression from North Korea.
3) The Carter Administration granted full diplomatic relations with Red China, so American
industry could begin trade with the communist government. When Carter broke off diplomatic
relations with the government of Taiwan, Sen. Goldwater said at a news conference: “I have no
idea what motivated him other than the Trilateral Commission, composed of bankers in this
country and others, want to expand big business ... He did it for the big banks of the world–
Chase Manhattan and the French bankers and for companies like Coca-Cola.” In May, 1989,
George Bush would bestow favored-nation trade status to China.
4) In Africa, the Carter Administration was soft on the spread of Marxism.
5) Carter pledged his support for communist-dominated Hungary, and gave its dictator, Janos
Kadar, the priceless Crown of St. Stephen (the founder and patron saint of Hungary) which the