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 Egbert, VaLois. Letter to Bob [Robert V. Fleming], Box 69, Folder 12, Item 29, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/466591, accessed on April 18, 2024.
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Regarding Fleming's recent speech to the North Carolina Bankers Association. Includes a memo from Eccles' office indicating the letter was not sent. Includes article from the American Banker, "'Drastic Mopping Up' of Bank Reserves Opposed by Fleming."
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