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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Clayton, Lawrence, 1891-1949 and Giannini, Amadeo Peter, 1870-1949. Telegram to Lawrence Clayton, Box 020a, Folder 7, Item 5, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/459733, accessed on April 25, 2024.
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Telegram from A. P. Giannini regarding Giannini's conversation with A.O. Stewart and court case in which Joint Stock Land Bank was involved; mentions effect of pending tax bill on bank holding companies; includes Clayton's reply.
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