Franklin Roosevelt actually said...

"This order shall not apply with respect to any trade, industry, or subdivision thereof for which a code of fair competition has heretofore been approved by me except as may hereafter be otherwise dete..."

"The group undertaking the foundation of this organization will announce, as soon as possible, its plans."

"I do approve the report and recommendations and adopt the findings of the Administrator and do order that the said code of fair competition be, and it is hereby, approved."

"The situation now existing in regard to foreign securities is one of substantial concern to the American people."