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 , Federal Reserve Bank of New York. Research and Statistics Group and Harrison, George Leslie, 1887-1958. Letter to Chairman Eccles, Box 45, Folder 7, Item 1, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/461033, accessed on May 9, 2024.
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Includes a study entitled "The Real Estate and Mortgage Loan Situation in the Second Federal Reserve District as Compared with the Rest of the Country," and a memo from Mr. Clayton regarding this study. Charts in study have information cut off.
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