Title:

Memorandum to the Board of Governors, Box 62, Folder 12, 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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Powell, Oliver S., 1896-1963 , United States. National Voluntary Credit Restraint Committee and Wilson, Charles Erwin, 1890-1961. Memorandum to the Board of Governors, Box 62, Folder 12, Item 1, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/466166, accessed on May 24, 2022.

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Includes attachments: "Bulletin Number 3 of the Voluntary Credit Restraint Committee Restriction of State and Local Government Borrowing," and Mr. Wilson's letter.

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