Memorandum to Chairman Eccles, Box 66, Folder 8, Item 12

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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Smead, Edward Leon, 1884-1983. Memorandum to Chairman Eccles, Box 66, Folder 8, Item 12, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/465525, accessed on May 29, 2024.

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Discussion of whether the guaranteed portion of a loan made under the proposed amendment to Section 13b of the Federal Reserve Act (HR 591 and S 511) would be exempt from limitations imposed by Section 5200 of the Revised Statutes.

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