[lc]

Weight Watchers International, Inc.

3172 No. Rainbow Blvd.
Suite 268
Las Vegas, Nevada 89108
(702) 256-7800

FAX/DEX 702-256-7802

Jean Nidetch
Founder

FEB 10 1992

February 6, 1992

Dr. Henry Kissinger, Chairman
Kissinger Associates, Inc.
350 Park Avenue, 26th Floor
New York, NY 10022

Dear Dr. Kissinger:

As a recipient of the Horatio Alger Award in
1989, I am delighted to take this opportunity
to congratulate and welcome you among the 1992
class. I am sure that you will find this a most
rewarding and gratifying experience. The value
of our wonderful association is greatly enhanced
by your membership.

I look forward to meeting you personally at the
award presentation in Washington when I will have
the pleasure of congratulating you in person.

JN:ps

HAK:

Should you wish to provide a testimonial for the Adm. Nimitz Museum (which you visited years ago with Mrs. Johnson), I have done a possible draft.

It will be used, with others from prominent visitors, in a
fundraising brochure.

I was fascinated by my visit to the Admiral Nimitz Museum. Its
priceless trove of artifacts of the Pacific War and of a genuine
American hero were deeply moving. For anyone of the World War II
generation, the exhibits will be a poignant and stirring journey
in time and, for those too young to remember, an absorbing lesson
in history.

OK as edited ✓ Prefer not to give testimonial

ssm

[LC]

the
Admiral Nimitz
foundation

340 East Main Street
Post Office Box 777
Fredericksburg, Texas 78624
(210) 997-4379

DEC 28 1992

December 22, 1992

The Honorable Henry A. Kissinger
Kissinger and Associates, Inc.
350 Park Ave.
New York, NY 10022

Dear Dr. Kissinger,

In the mid 80's while you were a guest at the LBJ Ranch, Mrs. Johnson brought you to the Admiral Nimitz Museum for a visit. Because of interest you expressed at the time, I am taking the liberty of asking for a favor from you now.

We would be honored if you could send a brief sentence expressing your feelings for the Museum that could be attributed to you and included on a page of testimonials to the Museum's outstanding qualities and uniqueness. This page of testimonials will appear in a fundraising brochure the Foundation is producing to raise $3 million for an exciting expansion plan at the Nimitz Center. I am also writing to Mr. Laurance Rockefeller, Jim Lovell, Walter Cronkite, Mrs. Johnson, Governor John Connally, James Michener, and Bill Moyers, to name a few.

As you know, the history of the Pacific War and the career of Admiral Nimitz are told in the truly unique and outstanding old hotel that will always remain the mainstay of the complex. There are, however, a large number of sizeable, unique artifacts that are located some distance from the Museum at the outdoor History Walk. These artifacts need to be placed in a controlled atmosphere for their protection and should be displayed so that one will realize the manner in which they were employed in the Pacific.

In January 1992, the Foundation purchased an 18,000 square foot building situated on 1.9 acres of land adjacent to the Museum. The building will be converted into the George Bush Gallery of the Pacific War in honor of the 41st President of the United States. These priceless macro-artifacts will be relocated in interpretive exhibits within the Gallery using the latest in computer-enhanced exhibit techniques including

## TRUSTEES

W. J. Bowen
Adm Arleigh Burke, USN (Ret)
Whitfield Collins
Mrs. Bill Cook
Adm William J. Crowe, Jr., USN (Ret)
Gen J.H. Doolittle, USAF (Ret)
William H. Ewing
George H. Gay
Frederick A. Goerner
Mrs. Oveta Culp Hobby
Bob Hope
Adm B.R. Inman, USN (Ret)
Mrs. Lyndon B. Johnson
LGen W.K. Jones, USMC (Ret)
Herman Kuhlmann
H. Arthur Lamar
J. Hugh Liedtke
A.A. McCollum
BGen Robert F. McDermott, USAF (Ret)
Adm T.H. Moorer, USN (Ret)
RAdm C.W. Nimitz, Jr., USN (Ret)
Gordon E. Sauer
Robert Sherrod
BGen E.H. Simmons, USMC (Ret)
W. Marvin Watson
Mrs. Keith S. Wellin

## DIRECTORS

Robert N. Aylin
Warren S. Bellows
BGen J.S. Billups, Jr., USA (Ret)
Mrs. Dor W. Brown, Jr.
Robert B. Carter
Gilbert M. Denman, Jr.
William E. Dozier, Jr.
Barton C. English
John C. Fitch
RAdm C.D. Grojean, USN (Ret)
Thad Grundy, Sr.
Mrs. Edward V. Harris
J.W. Hershey
R. Miller Hicks
VAdm M. Staser Holcomb, USN (Ret)
Douglass H. Hubbard
Jerry R. Kelley, M.D.
Baine P. Kerr
Robert G. Marbut
Cecil Mills
Charles C. Shierlow
Capt. Jack M. Stevens, USN (Ret)
Marshall T. Steves, Sr.
Roy E. Stroeher
William A. Wareing
Mrs. J.R. Warren
W. Dexter White
Ronald L. Woellhof

WE INSPIRE OUR YOUTH BY HONORING OUR HEROES

HENRY A. KISSINGER

April 2, 1992

Dear Mr. President:

Thanks for your nice comments about my March column
on Europe and for taking the time to drop me a note.
I am very pleased, but not surprised, that we see
eye-to-eye on Europe's central position in the new
world order. America must not lose sight of that
as our attention turns to the squeaky wheels in
other parts of the world.

It was wonderful seeing you and so many of the old
team at the Conference in Washington.

The Honorable
Richard M. Nixon
577 Chestnut Ridge Road
Woodcliff Lake, N.J. 07675

TWENTY-SIXTH FLOOR · 350 PARK AVENUE · NEW YORK, NEW YORK 10022 · (212) 759-7919

JUN 26 '92 15:19 KISSINGER ASSOC

P.11

HAK:

Nomura Securities asked some time ago for a commemorative piece about Minoru Segawa, "our late Supreme Advisor", for a memorial book one year after his death.

You said you didn't know him from Adam but not to let them know that. My subtlety apparently hasn't gotten through, for they have written again for some "warm words."

I've tried a draft, but if you still feel you would rather not send anything, can you tell me how to go about getting out of it without letting on that you didn't know him?

Although I did not know Minoru Segawa well, I knew him by reputation as one of the giants in the field of international finance and a man respected around the world.

I do not recall precisely when we first met, but one occasion I will always remember was in the spring of 1979 when Nomura invited me to come to Japan to speak at a meeting of top business and financial leaders. I will never forget the extraordinary hospitality I was shown by Mr. Segawa and his colleagues, and the interesting exchange of views we had.

Mr. Segawa was a man of great integrity, intellect and achievement. When he died last year it was a great loss not only to Nomura but to the world financial community as well.

OK as edited ✓ Don't send anything

ssm

NOMURA

THE NOMURA SECURITIES CO., LTD.

1-9-1, Nihonbashi, Chuo-ku, Tokyo, Japan. 103 Tel. 03 (3211) 1811, Fax. 03 (3275) 9386

JUN 18 1992

HIDEO SAKAMAKI
President & Chief Executive Officer

Dr. Henry Kissinger
Kissinger Assocs Inc.
350 Park Ave., 26th Floor
New York, NY 10022
U.S.A.

18th June , 1992

Dear Dr. Kissinger,

Knowing of the very high esteem in which you were held by our
late Supreme Advisor, Minoru Segawa, I take liberty of enclosing
a copy of a letter I sent a few weeks ago, but which I am afraid
you may not have received, in which I asked if you would be so
kind as to write a few words in Mr. Segawa's memory for a book
to be published on the first anniversary of his death.

Although my earlier letter requests you written contribution by
May 8, we would still be profoundly grateful to be able to
include some warm words from you.

Please excuse this letter if it crosses yours, and forgive me for
writing again.

NOMURA

HIDEO SAKAMAKI

PLEASE NOTE...

Length of your Text: 350 - 400 typewritten words (English)
or 200 x 7 letters (Japanese)

Closing Date: Friday, May 8, 1992

Your title: Please register your title at the end of your text.

When mailing your text, please use the enclosed Envelope.

Please note, also, that your text may be subject to some editing
due to restraint on space.

Thank you for your attention.

N.B. When English text is sent in we will print both the
original and the translation.

For further information and enquiries, contact...

Mr. Heiji Endo, chief secretary
c/o Editorial Committee for "Tuito - Segawa Minoru"
Office of Secretaries
Nomura Securities Company Limited
9-1 Nihonbashi 1-chome, Chuo-ku,
Tokyo 103, Japan

Telephones: (03) 3278 1698 (direct line)
(03) 3211 1811 (switch board)

NOMURA

PLEASE NOTE...

Thank you for your attention.

'AUG 14 1992

NOMURA

HIDEO SAKAMAKI

Mr. Henry Alfred Kissinger
Kissinger Assocs Inc.
350 Park Ave. 26th Fl
New York, NY 10022
U.S.A.

August 10, 1992

Dear Mr. Kissinger,

We would like to express our most sincere thanks for sending in
your manuscript with kind words in response to our call for your
contribution in our publication entitled "Memorial Recollection-
Dedicated to Minoru Segawa".

Please rest assured that your messages will be duly translated
into Japanese and prominently placed in the publication worthy of
your name.

Lastly, please accept our apologies for not answering you
sooner to acknowledge receipt of your manuscript.

EXP: BANQUE SIFAS

04-11-1992 10:14

NUNEZ

33 1 45510175

1992-11-04 14:15

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4471 738 5640 P.01

#2

MEMORANDUM

TO: The Files

FROM: Julio E. Nunez

RE: ECONOMIC CONSEQUENCES
OF DEMOCRAT VICTORY IN US.

Date: 4 November 1992
Paris, 3.30 a.m.

It may be presumptuous so soon after the presidential election in the US to
make any comments about what Clinton's victory will mean to the
economies of the world. There are, however, a number of comments which
might be classified as predictions, which I do not hesitate to make. I do this
primarily as a guide for myself, which I hope to be able to read in the years
ahead just to see how far off the mark I have been. I do not hesitate to share
these thoughts with my friends and colleagues who might be interested.

First and foremost, the Democrat victory will mean that the agenda of
government in the US will be concentrated on its own domestic affairs.
These will come first, second and third on the agenda of government. Any
doubts one might have had (I had none) on that score were dispelled by
Clinton's hoarse victory statement in which he stressed and mentioned
only the domestic agenda of government (health care, environment, college
loans, etc.). This, in fairness, was simply a recognition that the
cornerstone of his victory was the voters' concern about the domestic
economy.

This will inevitably mean greater spending by the government on domestic
programs and that will inevitably mean an increase in the bureaucracy. I
do not believe Clinton is a total fiscal irresponsible, so he will pay for these
programs and try to reduce the deficit by increased taxation and severe and
sharp reductions in defense spending. National security concerns will
center on subjects such as fighting the drug trade and protecting the supply
of vital raw materials needed for a flourishing domestic economy.

EXP: BANQUE SIFAS

33 1 45510175 1992-11-04 14:16 G3-96 S #3

2

Foreign nations will have to bang very hard indeed on Washington's door to get a hearing from the new President and Congress to rush out into the world with military action to defend "democracy" or fight "tyranny" anywhere in the world. It will be a long time before a US soldier fires a weapon in anger on foreign soil, unless vital raw material supply is at stake. The plight of the Bosnians, Ossetians, the boat people, Cubans, Chinese, etc. will bring hand wringing and eloquence at the UN and aid planes, but no helicopter gun ships, aircraft carriers or missile cruisers or marine divisions.

Thus, if the nations of what we used to call the "free world" have interests of a geopolitical nature that they deem vital, they had best be prepared to protect them with their own power. This will require significantly increased defense spending of their own, which one doubts many will be willing to undertake. US troops will be withdrawn from Europe with greater speed than anticipated and spending abroad by the US military will be sharply curtailed. I don't like any of the above, but I'm afraid that is what we're in for.

This will mean a world outside the US which will be subjected to considerably more mini-shocks and crises than we have been accustomed to. While this will bring economic instability and shocks to Europe, in particular, it will also bring pressures for local solutions that, in the long run, may not be the most desirable. For example, what kind of Europe will develop without the kind of dominant political and military role the US has played in the past several decades? Will the EC pull together or fall apart? Who will pick up the mantle of US leadership - Germany alone, or a strange "coalition" of continental nations.

All of the above will mean an America determined to reassert its primacy in the economic area. By spending to increase its domestic consumer base in its huge one state market, it will hope to reactivate the domestic economy and to struggle for markets overseas. The US government will recognise and accept the fact that the people of the US no longer wish to be the champions of anything else but providing good, permanent jobs for their working population at home. There will be sympathy, even charity, for those with problems abroad, but America will come first.

EXP: BANQUE SIFAS

33 1 45510175

1992-11-04 14:16

G3-96 S #4

Don't forget that to the 44% who apparently voted for Clinton, you have to add the 18% who voted for Perot, who may have been prepared to free several of his employees imprisoned in Iran, but would never propose cranking up the fleet for a foreign crusade.

Of course, there are a great many other pressures that will temper US autarchy, particularly its relations with the Pacific basin. For the foreseeable future, however, I suspect these economies will depend heavily on being cheap suppliers to a continuing developing consumer society in America. I'm not trying to predict a 20 year trend - just the next 4 years at least.

This will, in my judgement, mean a reactivated US economy (which was on the road to that anyway) and a strong dollar as interest rates are used to control inflationary bubbles. This trend will coincide with the attempt, particularly in Europe, to stimulate domestic economies by lowering interest rates and thus assisting in the fight for foreign markets.

These trends will bring great strains on international economic structures. I fear that the initial tendency will be to "fight it out" in the market place, resorting to many of the weapons of trade war that had been put in mothballs or forgotten for many years. In the initial stages of such a struggle, it will be difficult to stop the US economic machine.

Eventually, common sense and hopefully enlightened leadership will show the way to a new era of cooperation and the acceptance of the comparative advantage of nations. The latter will be a bitter pill for many nations to swallow (including the US) and will have profound effects on the social, economic and political life of many countries. This opens a new topic requiring deeper thought and analysis than I am capable of today and at this hour.

Clinton has heralded a change. It may be a bright new world we face. I suspect it will be a tougher and possibly more cynical one (in spite of campaign rhetoric and press hoopla), in which the US will hold the trump cards in the short and intermediate term.

No, I don't know what the dollar will do today, tomorrow or next week. I leave that to the traders, who always seem confident that they do know. I am simply putting down my thoughts on trends, thoughts I intend to act on