The "acorn" nut on the bottom covers an adjustment screw (flat headed), which your broken spring rests on. The main objective of this screw is to remove surging while at full throttle. Take a look at the bearing on the shaft holding the govener weights. It is probably shot, not keeping enough pressure forward on the assembly. Did you find any ball bearings in the case? Here is a link about my exact same problem
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Today's Featured Article - Memories of an IH Super A When I was ? up to 10, I worked on my Papaw's farm in Greeneville, TN every summer. As I grew older (7), it was the thrill of my day to ride or drive on the tractor. My Papaw had a 1954 IH Super A that he bought to replace a Cub. My Papaw raised "baccer" (tobacco) and corn with the Super A, but the fondest memory was of the sawmill. He owned a small sawmill for sawing "baccer" sticks. The Super A was the powerplant. When I was old enough (7 or 8), I would get up early and be dressed to
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