Franklin Roosevelt actually said...
Employers engaged only locally in retail trade or local service trades or industries who operate not more than three establishments and whose place or places of business is or are located in a town or towns each of less than 2,500 population and not in the immediate trade area of a city or town of larger population, as determined by the Administrator, are exempted from those provisions of the President's Reemployment Agreement and those provisions of approved codes of fair competition which relate to hours of employment, rates of pay, the minimum prices at which merchandise may be sold or services performed, and the collection of assessments, except insofar as any such employer shall after the effective date of this order signify to the Administrator liis intention to be bound by such provisions.
05/14/1934