Franklin Roosevelt actually said...

Historical events could be very suitably and properly commemorated through the striking by the Government of medals in lieu of coins.

Letter on the Issuance of Commemorative Coins

06/18/1935

More Franklin Roosevelt Quotes

The State Department characterized it as a fiat lie.

This is a consolidation for swifter and more efficient prosecution of the war.

I think that's pure invention on the part of the young gentleman who wrote the story, and many of you do too.

I will make an even money bet with the fellow who wrote the story.