The High and Low filters aren't intended to functionally replace or in any way be a substitute for the Loudness switch. The filters are a much more useful feature, being less distorting, and enhancing the listening experience in a much more subtle way for more 'discerning users' or 'professional users' as Sansui preferred to call them back then.
I must say I am stunned by what appears to be a lack of appreciation of exactly what a loudness switch or control does? And why the very large boost of bass and treble it provides is anathema to purists who want to listen to the most accurate possible rendition of their music or sound. Yes, the loudness contour is supposed to be useful for low level listening because it restores the 'loudness balance' at low levels of listening for the human ear.
https://en.wikipedia.org/wiki/Equal-loudness_contour However some implementations of the loudness feature pay little attention to Fletcher-Munson and their research and just provide an arbitrary huge amount of boost to bass and treble.
And on top of this there is the misuse of such a feature. How many times have we seen pictures of gear in use, playing at high level with the Loudness switch on, and often with the bass and treble controls maxed out as well?
Remember the description of a 'good amplifier', most often used to describe the sonic character of the Sansui AU-919 - "a piece of wire with gain"

- such an amplifier has no need of a loudness control, but a subsonic filter for removing turntable rumble and 'disk warp' effects? - oh yes.