08/15/1940
https://www.presidency.ucsb.edu...
"I am taking steps to coordinate the great power resources of the Columbia River available for the requirements of national defense."
"The present national defense emergency makes evident the fact that the many strategic and critical mineral reserves found in the Pacific Northwest are a matter of national interest."
"I have just signed the Investment Company Act of 1940 and the Investment Advisers' Act of 1940."
"Time is of the essence."