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Yup that's a plausible explanation...a travle razor part of a set would justify a compact size...
A few years back I found a superb bakelite box with machined interior slots for a...

I would thinh that it was cut at some point but looking at it better it just seems all the blade's proportions are right...so mi guess is that it was made thi way. Who knows...it may have been ment...