And as governor, order a 10 percent rollback on rates.
He called for a 10 percent rollback in car insurance rates and the creation of a fraud prosecutor.
Big steel soon asked: What would the President say to a 50 percent rollback of the price increase?
The tentative pact calls for an initial 20 percent rollback and then an additional 30 percent within five years.
"The 20 percent rollback was done away with by the court."
The union offered a 24 percent rollback of salaries on Dec. 9.
The current agreement calls for a 50 percent rollback by the end of the century.
F.C.C. officials estimated that the 10 percent rollback would add up to about $1.2 billion a year nationwide.
Governor Cahill had a 15 percent rollback in 1973.
In an effort to avoid those onerous elements, they proposed a 24 percent rollback of existing salaries.