Franklin Roosevelt actually said...

The defeat of the Nazi armies will have to be followed by the eradication of these weapons of economic warfare.

The Secretary of War is hereby authorized and directed to take possession of the plants and facilities of the Cleveland Graphite Bronze Comp...

To operate or to arrange for the operation of the plants and facilities in any manner that he deems necessary for the successful prosecution...

Possession, control, and operation of any plant or facility shall be terminated by the Secretary of War within 60 days.