Woodrow Wilson actually said...

I hereby prohibit any and all foreign insurance companies from doing business within the United States after February 1, 1918, unless such companies shall first obtain from the Secretary of the Treasury licenses to do business.

Context

Executive Order 2770—Vesting Power and Authority in Designated Officers and Making Rules and Regulations Under the Trading...

12/06/1917

https://www.presidency.ucsb.edu...

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