Theorem 1
Tag 07SE, permanent. Cite it as [Bourbaki, Tag 07SE].
Topological Vector Spaces, chapter IV, § 2. Bidual. Reflexive spaces
— A locally convex Hausdorff space is semi-reflexive if and only if every bounded subset of is relatively compact for the weakened topology . If is semi-reflexive, the strong dual of is barrelled.
The second assertion follows from prop. 3 (IV, p. 15), and the identity between bounded subsets for the initial topology and for the weakened topology of (III, p. 27, cor. 3).
To say that is semi-reflexive means that the topology on is compatible with the duality between and , in other words, by Mackey's theorem (IV, p. 2, th. 1) that the topology on is coarser than (and in fact is identical with it); by definition (IV, p. 2), this means that every closed, convex and bounded subset of is compact for , and this is equivalent to saying that every bounded subset of E is relatively compact for , because the closed convex envelope of a bounded subset of E is bounded (III, p. 3, prop. 1).
Bourbaki puts the proof directly after the statement, so what is above is the statement and its proof together.