Franklin Roosevelt actually said...

"It will not destroy legitimate business or wholesome and productive investment."

"I find that the facts do not appear to be such as to warrant further investigation in accordance with Section 3 (e) of said Act."

"The documentary requirements for aliens desiring to enter American possessions outside the United States, except the Philippine Islands, are to be prescribed by the competent authorities in such posse..."

"I hereby prescribe the following documentary requirements for aliens desiring admission into the United States."