We study the initial value problem for the conformal field equations with
data given on a cone Np with vertex p so that in a suitable
conformal extension the point p will represent past time-like infinity i−,
the set Np∖{p} will represent past null infinity J−, and the freely prescribed (suitably smooth) data will acquire the
meaning of the incoming {\it radiation field} for the prospective vacuum
space-time. It is shown that: (i) On some coordinate neighbourhood of p there
exist smooth fields which satisfy the conformal vacuum field equations and
induce the given data at all orders at p. The Taylor coefficients of these
fields at p are uniquely determined by the free data. (ii) On Np
there exists a unique set of fields which induce the given free data and
satisfy the transport equations and the inner constraints induced on Np by the conformal field equations. These fields and the fields which are
obtained by restricting the functions considered in (i) to Np
coincide at all orders at p.Comment: 40 page