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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Eccles, Marriner S. (Marriner Stoddard), 1890-1977. Our Economic Dilemma, Box 81, Folder 24, Item 2, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/461544, accessed on May 7, 2024.
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A copy of Eccles' speech before the Iowa Bankers Association on October 27, 1948. This version has handwritten corrections noted by Mr. Eccles.