A Message on Navy Day
10/11/1938
https://www.presidency.ucsb.edu...
Commerce on the high seas and freedom of the seas has been a major reason for our prosperity.
therefore, by virtue of and pursuant to the authority vested in me by section 9 of the act of August 29, 1916, 39 Stat. 547
We are doing all we can to help them and, incidentally, to prevent the dictators from gaining footholds.
Yes, that is right.