I´m not an expert, in fact I´m far from being an expert, but I have some doubts I want to share here (so maybe I can learn)
There are slots for toothpick and tweezers. When did the Swiss makers introduce them? Have there ever been toothpicks on a SAK that were NOT made from plastic?
Morley is not an Austrian name. Yes, there could have been be a man named Morley who migrated to Austria and made knives here, but if so, why did he stamp the blades in English?
The German version would be "Morley und Söhne, Österreich". Still, the Austrian monarchy died in 1918, the first republic called Austria was born then. It did again 1938, when Austria became a part of the German Reich. While it is still possible that someone before 1918 used Austria as a blade stamp (a part of the country was called Austria), but normally they would have used the city of origin, so "Vienna" or "Linz" or something. Similar the "Solingen" stamped blades, without Germany.
Anyways, it is an interesting piece, and seems to be quite old. I guess it was made AFTER WWII, but I do not have any proof for that. So maybe you have a really old, odd gem there.
W. H. Morley was not itself a knife manufacturer, but was an import brand used by A. Kastor & Bros of New York.

(In other words, A. Kastor & Bros contracted with knifemakers in Germany and apparently Austria to make knives, had them stamped "W.H. Morley" and then imported the knives into the U.S. and possibly the U.K.) I have a plier knife stamped W.H. Morley that was built in the 1920's according to knife authority Bernard Levine. He mentions the company as being in existance as far back as 1900, but doesn't say when they ceased to exist.
