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 and United States. Congress. House. Memorandum of Chairman Eccles on H.R. 2413, Box 67, Folder 11, Item 10, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467926, accessed on May 10, 2024.
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Eccles' statement before Senate Banking and Currency Committee on March 24, 1947, regarding HR 2413 and the extension of direct purchase authority; includes table with holdings of short-term Treasury certificates, 1942-1945; includes copy of the bill.
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