The little stumpy bit may have been for mounting a chain catcher or even a front mech, in lieu of a conventionally positioned seat tube
Narrow wide rings hadn't been invented when this beast rolled off the line.
Ohhhh that. Yep. The chode is for a front mech. Maybe not visible but directly vertical is a cable boss on the seatstay, and in the few photos I found of one built up, the cable runs bare between that boss and the front mech. Did not want.
@pdlouche started
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The little stumpy bit may have been for mounting a chain catcher or even a front mech, in lieu of a conventionally positioned seat tube
Narrow wide rings hadn't been invented when this beast rolled off the line.