ABC Evening News for Friday, Jul 11, 1975
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(Studio) British Premier Harold Wilson calls for strict limits on wage and price increases Wage increases not to exceed $13.20 week and price increases not to exceed 10%.
REPORTER: Howard K. Smith
(London, England) [WILSON - says no job will be safe, no future secure, no pay rise would buy security and there will be no big pay increases] Policy put on voluntary basis. If abuses, they'll be declared illegal. Militant unions may ignore plan and push for higher wages.
REPORTER: Hilary Brown
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