Price Jr. served as president of the 1974 Texas Constitutional Convention, the first since the Constitution was established in 1876. He relented on a right-to-work compromise to appease the conservatives, and in doing so, lost his base of the liberal labor force. The 1974 convention to revise the state constitution was not a success. Further alienating his support base, Price Jr held a press conference blaming organized labor, and specifically what he saw as its manipulation of racial minority delegates, for the convention's failure.