Herbert Hoover actually said...
I hereby vest in the Alien Property Custodian, and in the event of his death, resignation, absence or disability, in the General Counsel, and in the event of his death, resignation, absence or disability during his period of authority, then in the Managing Director of the Office of the Alien Property Custodian, all power and authority conferred upon me by the provisions of the Act approved October 6, 1917, known as the 'Trading with the Enemy Act', as amended, pertaining to the deposit, transfer, and payment of moneys, and interest which may have accrued thereon, which may be or have been deposited with the Treasurer of the United States, and to release and deliver property held under and by virtue of said Acts.
05/14/1929