Franklin Roosevelt actually said...

All transfers of credit between any banking institutions within the United States; and all transfers of credit between any banking institution within the United States and any banking institution outside the United States are prohibited.

Context

Executive Order 8405—Amendment of Executive Order No. 8389 of April 10, 1940, Amending Executive Order No. 6560, Dated...

05/09/1940

https://www.presidency.ucsb.edu...

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