In the older "modern" cruise control systems, no way to program any speed parameters into them. The only thing is that the minimum "Set" speed is near 30mph, which might be when the governor weights in the mechanism get swung-out far enough to work.
One time, after I bought my '70 Monaco Brougham 383 4bbl car (in 1975), I had the cruise set to about 60mph. I had gotten off the freeway and onto surface streets. I came to a stop sign, stopped and proceeded. I had put the trans in "1" and when I got to 30mph on normal acceleration, I punched "Resume". The throttle went nearly to the floor as the cruise sought to get the car back up to 60mph as quickly as possible. I shifted into "D" quickly! End of test.
I'm sure there is a limit to the travel of the cruise throttle cable and related diaphram and such, but that would be the limiting factors in how fast the cruise control might set. Might check the FSM for possible places to look for the problem?
Just some thoughts,
CBODY67