Indeed, a Google yields a gaggle of Hoot Smalley reports, this one via a screenshot for example, but none tell the complete true story. [click the image to enlarge]

The two gentlemen pictured above, well, not Hoot and Smalley, but Smoot and Hawley - were tariff act authors during the Hoover presidency, not Roosevelt's, and now the further truth - each grew a beard and they formed a rock-n-roll band:

And ---- Don't take my word for it. Ask Michele Bachmann.