Graygoat, I think you're on the right track. There should be a block bolted or threaded directly on the bottom of the cylinder that contains the check ball. However, I think there may be a problem, like a broken spring or a stuck shuttle causing the problem.
I ran into a similar problem with a forklift once. It would go up but down very slowly. Took the block off and replaced it, worked fine.
Dealer said it was a safety device that monitored flow rate. Going down through the restriction of the valves and plumbing kept the safety valve open, but if a hose blew allowing too much volume too fast would close the valve and slow the fall.
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Today's Featured Article - Tractor Profile: Ferguson TO-20 - by Staff. When the infamous "Handshake Agreement" between Henry Ford and Harry Ferguson fell by the wayside (that's a story in itself), Harry Ferguson quickly set up manufacturing plants for a United States version of his English TE-20. The TO-20 was relatively the same as the TE-20 except utilized some different casting materials and had a US-style electrical system. The TO-20 was a dead ringer for the Ford 9N and 2N models and they say that Ferguson did this on purpose when the Handshake Agreement wen
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