In 1950, he returned to government service as a special assistant to Thomas E. Murray, a member of the Atomic Energy Commission. Smith became an expert in the international aspects of the use of nuclear energy and helped brief the members of the AEC on President Dwight D. Eisenhower’s Atoms for Peace proposal in 1953. In 1954, Smith transferred to the Department of State and became a special assistant for atomic energy matters to Secretary of StateJohn Foster Dulles. He continued to work on the international aspects of atomic energy and followed the disarmament negotiations between the U.S. and the Soviet Union which were being handled by Harold Stassen. In 1957, Smith was promoted to Director of Policy Planning, and became director of the policy planning staff. In this position, he was responsible for developing policy on a wide range of international matters, much of these related to sensitive areas of east-west relations. While in this role he proposed that a direct communications link between Moscow and Washington be established. President Kennedy would later credit Smith for the establishment of the so-called "hot line." Smith returned to the private sector in 1961. He served as a consultant to a number of organizations and started his own magazine, Interplay, which promoted an internationalist viewpoint. During the John F. Kennedy and Lyndon B. Johnson administrations he also served as a special consultant to the Department of State on the Multilateral Force, an unsuccessful proposal to develop a military force in Western Europe. At the start of the Nixon administration, Smith was appointed director of the Arms Control and Disarmament Agency. He led the U.S. negotiating team during the Strategic Arms Limitation Talks with the Soviet Union which resulted in the Antiballistic Missile Treaty of 1972. Smith was North American Chairman of the Trilateral Commission from 1973 to 1977. In 1973, following completion of the treaty, Smith again resigned from the government. David Rockefeller recruited him to help develop the Trilateral Commission, an organization which encouraged Japanese businessmen to become more active in American and European affairs. Smith served as chairman of the North American delegation to the Commission. In this position he became acquainted with Jimmy Carter, then the governor of Georgia, who was also active in the Commission. In 1977, after Carter became president, he invited Smith to serve as a special presidential representative for non-proliferation matters. Smith traveled to a number of underdeveloped countries, including India, Pakistan, Brazil and South Africa, in an effort to discourage the countries from developing nuclear weapons. He also worked with the International Atomic Energy Agency to ensure that spent nuclear fuel was not diverted to weapons. Smith resigned from the government for the last time in 1980. He organized a private consulting firm, the Consultants International Group, which specialized in advising companies on international investments. He also retained an interest in disarmament and was active in educational and lobbying organizations such as the Arms Control Association and the Washington Council on Non-Proliferation. He strongly opposed President Ronald Reagan’s proposed Strategic Defense Initiative which he felt violated the 1972 ABM Treaty, and together with George Kennan, McGeorge Bundy and Robert McNamara co-authored an article in Foreign Affairs calling upon the U.S. to declare a policy of "no first use" of nuclear weapons.
Personal life
Smith and his wife, Bernice Latrobe Smith, had four children. He died in Easton, Maryland On July 4, 1994.