05/25/1940
https://www.presidency.ucsb.edu...
"The organization should exist not for profits but for aiding the American interests which it will represent."
"I hereby grant an additional stay of said provisions pending the determination by the Administrator of the issues with respect thereto."
"I do approve the report and recommendations and adopt the findings of the Administrator and do order that the said code of fair competition be, and it is hereby, approved."
"The group undertaking the foundation of this organization will announce, as soon as possible, its plans."