
Books
The Usurer’s Grip: A Motion-Picture Film on the Evils of the Usurious Money-lending Business
Publication Date
3 pages
About This Book
This booklet provides a summary of a film about a clerk in need of money after his child falls ill. The clerk borrows money from a loan company at ruinous rates and ends up having to mortgage his furniture. With an attorney’s help, he prevents his furniture from being seized, and thorough membership in a cooperative savings and loan association, he can put money away for the future. The booklet ends by explaining how the film may be obtained.
ARTHUR H. HAM was director of the remedial loans division of the Russell Sage Foundation.