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July 20, 1981
I had one on ones (breakfast meetings with Margaret Thatcher & P.M. Suzuki. Also meetings with P.M. Sabatini of Italy. I hope he can hang on. I think he might do well with Italy. The schedule was heavy—plenary meetings morning & afternoon—always preceded by sessions with my own people—then working dinners just with the principals. Tues.—A morning session then to Ottawa for lunch at the Gov. Generals—then an afternoon session to tie up loose ends of the “Communiqué.” A giant press conference with all of us making statements at the opera house and—home. It was a successful summit—not divisive although it could have been with regard to our interest rates. I think we held our own very well and opened the door to a meeting on trade with the Soviet U. Margaret Thatcher is a tower of strength and a solid friend of the U.S. We held off what could have been a ganging up on Japan.