Memorandum to Chairman Eccles, Box 11, Folder 6, Item 2

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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Thomas, Woodlief, 1897-1974. Memorandum to Chairman Eccles, Box 11, Folder 6, Item 2, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/465780, accessed on May 18, 2022.

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Includes "Reasons why Treasury refunding into one-year issues is preferable to refunding into two five-year issues," and table depicting changes in the annual interest cost to Treasury on marketable public debt maturing or callable between 1947 and 1952.

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