But neither were owned by Taylor Al, so wouldn't he have to recompense those he got his songs from
Of course they have a 'value' but not necessarily a monetary one

While the singers were living, they should have been given their share of any money actually made from the recordings (we always ascertained that happened), but that's a very different thing from paying them for their time
One of the problems with payment (largely because the singers did't expect it) is once you offered payment your relationship changed - you stopped recording 'friends', which is what most of our singers became
When we received payment for allowing the BBC to use a song we recorded, me made sure the singer knew it came from the BBC and not us
The same with Topic. or from clubs we arranged bookings with, or festivals

I have always suggested that a portion of any money earned from singers who are not part of a musical tradition (more or less all of us) be placed into a fund in order to ascertain some sort of a survival of the material we have been given
Jim