The President's News Conference
11/09/1977
https://www.presidency.ucsb.edu...
I have already acted, in my Economic Revitalization Program, to introduce measures that will help steel, as well as other industries, to acc...
I have signed H.R. 3292, the Fish and Wildlife Conservation Act of 1980.
Without changes in Federal policies, it is questionable whether over the next few years the industry would be able to do so.
Failure to modernize the steel industry would lead to still greater economic and personal distress, with permanent shutdowns of major plants...