Excerpts from the Press Conference
08/01/1940
https://www.presidency.ucsb.edu...
I know that the word 'planning' is not looked upon with favor in some circles.
By virtue of and pursuant to the authority vested in me by section 20 of the act of June 10, 1922.
We must always bear in mind that fact, when we speak or think of international relations.
I hereby direct the Secretary of the Navy to terminate and relinquish, on or before the fifteenth day following the date...