Franklin Roosevelt actually said...

All personnel, property, records, funds, contracts, assets, liabilities, and capital stock of these corporations... are transferred with the...

The important thing is to clear the decks and to get on with the war at once.

I am persuaded that the present controversy indicates that future cooperative action between your two agencies is impossible.

Until such time as the Congress shall provide other means of financing, the Secretary of Commerce and the Reconstruction Finance Corporation...