Franklin Roosevelt actually said...

Without housing for workers, industries producing ships, planes, tanks, and other defense materials cannot function to full capacity.

Message to Congress on a Defense Housing Program.

06/25/1941

More Franklin Roosevelt Quotes

These assurances are in accord with the purpose and the terms of the compromise amendment and must be taken as controlling.

I feel it necessary to state my own understanding of the amendment.

The Director of the Office of Economic Warfare may reconstitute the Boards of Directors of these corporations.

There is established in the Office for Emergency Management an Office of Economic Warfare.