Memorandum to Mr. Clayton, Box 19, Folder 1, Item 17

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

Baumann, John C. and Clayton, Lawrence, 1891-1949. Memorandum to Mr. Clayton, Box 19, Folder 1, Item 17, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/466397, accessed on August 10, 2022.

More Information

Subject: Restrictions upon retirement of private stock by Bank of America National Trust & Savings Association; includes handwritten note of transmittal between Clayton and Baumann.

Limited Use