Looks to have some delamination of the horn inside the scales. Not unusual, since the horn is usually "rough cut" on the inside. If you dribble some super-glue down the sides of the splinters and clamp with a clothespin and let dry a bit, you can move on to the next one. Sand it smooth as it is all dry. Lots of W&B razors have crooked tang stamps which are sometimes partially not even there, but not to worry. Humans stamped them and it did not seem to be a quality control issue with everyday razors, at least. That knob on the spine is probably black rust. I will sand off and hopefilly not hide a deep pit, altho that would not effect shaving. The blade is a good grind, but pitted somewhat. I would say fix the scales, polish the blade a bit and get a good bevel. Enjoy an antique shave!