Emil Lederer · 1920
In this brief official commission speaking turn, Lederer suggests that the report might mention the alternative draft’s provision for fixing compensation in advance and incorporating it into the proposal. He then recalls his side’s valuation formula:
Wir haben vorgeschlagen, daß der Wert mit einem Zuschlag von 60 bis 80 % nach der Kursbewegung der Aktien sein sollte.
English translation: We proposed that the value should be based on share-price movements, with a premium of 60 to 80%.
The intervention connects advance determination of compensation with a valuation benchmark tied to stock-market prices. It records a proposal, not an agreed settlement.
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