Salt Lake Telegram | 1923-08-05 | Page 17 | Lenders at Louisville

1 .NORMS AT LOt ISVILLB. Nh, VV YOHK, Aug. Hy I. P. I The Amerksa lauus trial leader a association will awid it annual convention at louiavlll( Ky.. Oep-tember Oep-tember I. IK. 'i'h aseotvlatioa niemirBhip 1 mad up axjluslvely ef those who lead n.wney at tne rates fixed by law and represent a vomnined vsnmsted capital t snout M,ew,wi'U. '1 he annual buaineas uone ur t.'io companies representii In the organisation totals about 5i6S,vO.OoS. The association was igaiuaedj nine year ago iy leaders among 'the poor man's ban Iters" to abolish abuse In thstr business, and by eliminating the loan shark to remove the stigma from ih9 business. busi-ness. It haa been estimated that 14 per cent of the adult pop u la ton of the Unlto-d mates are without the credit factltviea afforuej by commercial bank and In any mr-gency mr-gency rvi4Utraiig financing must have recourse to Industrial lenders.