The memorandum describes Ambassador Smith's stance on US policy permitting the use of plutonium for demonstration programs.

The note contradicts a view of Smith and argues that abandoning President Carter's 1977 policy is a mistake.

The memorandum describes a difference between President Carter and the West Europeans over their commitment to limiting reprocessing and plutonium supplies for R&D work on breeder reactors.

The memorandum describing Japan's latest plutonium supply and demand.

The memorandum describes Japanes Minister of State for Science and Technology emphasizing the significance of a plutonium economy given Japan's energy needs.

The cable describing an importance of the Japanese offer to delay construction of the plutonium conversion plant in exchange of them postponing a decision for two years on co-processing.

The memorandum describes Japan's hope that the US will recognize an importance of plutonium technology for Japan and its desire to continue plutonium research and development activities.

The memorandum describing President Carter's decision to indefinitely defer the commercial reprocessing and recylce of plutonium in the US and Japan's firm position in keeping a reprocessing capability.