Memorandum to the Board [of Governors], Box 20, Folder 5, Item 7

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
Save & Share

Clayton, Lawrence, 1891-1949. Memorandum to the Board [of Governors], Box 20, Folder 5, Item 7, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/464789, accessed on May 26, 2022.

More Information

Regarding Comptroller of Currency's decision to issue order against Bank of America; mentions "sensational and hostile statements" made by L.M. Giannini at January 9 [1940] stockholders meeting.

Limited Use