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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Board of Governors of the Federal Reserve System (U.S.), 1935- and Williams, Kenneth B. Notes on the Subsidy Program, Box 66, Folder 3, Item 5, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/465523, accessed on April 25, 2024.
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Document describing differences between differential and general subsidies as methods for controlling inflation; includes table depicting estimates for labor force and output for 1939 and 1947; also includes memo by Williams titled "The Subsidy Issue."
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