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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Walters, Raymond, 1885-1970. Letter to Marriner Eccles, Box 84, Folder 7, Item 14, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467601, accessed on April 19, 2024.
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Letter from Walters advising Eccles of a decision by the Board of Directors of the University of Cincinnati to redirect the $300 honorarium Eccles earned for speaking at the university to the Evening School or other causes that support evening students.
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