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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Delano, Preston. Letter to Marriner S. Eccles, Box 20, Folder 2, Item 15, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467236, accessed on April 25, 2024.
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Cover letter for copy of Delano's letter to Bank of America dated July 31, 1939; the July 31 letter outlines results of an examination of Bank of America completed July 21, 1939, citing numerous concerns about the bank's condition and practices.
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