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October 27, 1986
An N.S.P.G. meeting on the Iceland arms proposals. The Joint Chiefs wanted reassurance that we were aware of the imbalance with the Soviets in conventional arms & how that would be aggravated by reduction in nuclear weapons. We were able to assure them we were very much aware & that this matter would have to be negotiated with the Soviets in any nuclear arms reduction negotiations. Signed a bill for freshman Col. Cong.man Mike Strang having to do with water conveyance in Nat. Forests. Then over to the East Room for a big signing of the Drug Bill. Some Olympic athletes were on hand & some kids—members of the “Just Say No” Club. Charles Price—Carol & their son & daughter came by—they’re also coming to dinner tonite for Angus & Princess Alexandra. Just a small, pvt. dinner. Cap W. & John Poindexter for more talk re the arms negotiations. We have a problem with Cong. & it’s cuts in the defense budget. Conventional arms are more expensive then missiles. If we have to rev up that part of our mil. the Cong. is going to have to recognize it & raise the ante. I feel however the Soviets if faced with an arms race would have to negotiate—they cant squeeze their people any more to try & stay even with us. A long taping session & then upstairs for dinner. I’ll host it alone for a while—Nancy’s hairdresser was late.