A good soldered connection will likely do as good and better then the screw holding down on the wire, so why not "go for it" unless you wanna (after drilling out if you dont trash it lol) use a small screw and nut or re bore n re tap the hole. Unless theres a short, as long as you break only one of the hots the motor wont run nor will there be any current draw, although I always used a 2 pole breaker/switch/contactor to open BOTH hots to turn off a 240 volt motor.
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Today's Featured Article - It Can't Be Done! - A Tractor Story - by Neil Campbell. I'll never forget the time back when I was a boy baling hay on our Farm in Big Rapid, Michigan. The most memorable event that took place was a trip up the steepest incline on the farm pulling an old New-Idea baler with a pony-motor for power and a haywagon. I had just talked my Dad into buying an old John Deere B with 6-speeds ahead and I was real proud of it, except it was a little smaller than the Case tractor that we normally
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