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Memorandum to the Board of Governors, Box 62, Folder 10, Item 1

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.
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Sproul, Allan, 1896-1978 , Treiber, William F. and Vest, George B. Memorandum to the Board of Governors, Box 62, Folder 10, Item 1, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/465252, accessed on May 25, 2022.

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Subject: Voluntary program by financing institutions for credit restraint; includes attachments: "Program for Voluntary Credit Restraint," a letter from Mr. Sproul, and minutes of the meeting of the subcommittee.

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