Franklin Roosevelt actually said...

"I hereby prescribe the following duties and functions of the said Rural Electrification Administration to be exercised and performed by the Administrator thereof to be hereafter appointed:"

"I hereby establish an agency within the Government to be known as the 'Rural Electrification Administration.'"

"To initiate, formulate, administer, and supervise a program of approved projects with respect to the generation, transmission, and distribution of electric energy in rural areas."

"I much prefer to continue the conferences in the free and informal fashion."