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 , Henderson, Leon, 1895-1986 , Smith, Harold D., 1898-1947 , Wallace, Henry A. (Henry Agard), 1888-1965 and Wickard, Claude R. (Claude Raymond), 1893-1967. Letter to Mr. Chairman [Eccles], Box 6, Folder 12, Item 10, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/461113, accessed on March 28, 2024.
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Includes a copy of "Memorandum for the President Urging an Anti-Inflation Program," by the Secretary of the Treasury, the Price Administrator, the Chairman of the Board of Governors of the Federal Reserve System, the Secretary of Agriculture, and the Director of the Budget. The Secretary of the Treasury was in disagreement with the views.