The '49 C engine block theory seems likely, provided it had mounting holes for the hydraulic pump. The serial number definitely does not have a "1" in front, just FCM 38266 D. (Guess I don't have to buy any donuts. lol) I checked the block part number, it's a 251069R1.
As for the carb adjustment, I thought about the carb lever being short, too, and the more I think about it, the more sense it makes, because the carb lever travels only 1/2 the length of travel on the governor, and the only way to increase the travel length of the carb lever linkage hole is to lengthen the lever itself. I'll be looking for a longer lever, or a new/rebuildable carb w/one. I'll keep your instructions for later reference, BUT I've decided that's not the main problem.
I adjusted the governor/carb linkage as we noted, and got fair results, but good enough to take it out for a test spin. I had the hood off and saw why the tractor labored so hard and died- when under load, there was about as much exhaust (and oil spatter) coming out of the oil cap as there was coming out of the exhaust! I guess it's hard to get much power when all the compression is leaking out of the cylinders, huh? I had to zig-zag to get the poor thing to pull itself up the hill in my yard! So I guess that rebuild won't wait until winter, at least if I want to use it for anything besides pulling my daughter's little red wagon (across level ground) anytime soon.
I don't suppose a proper overhaul can be done without splitting the tractor, can it?
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