That 7.3 IDI motor has what is called a CDR valve. It is the tuna can looking thing that is probably mounted to the driver side valve cover with a hose running to the intake since you have a turbo added. This is to get rid of crankcase pressure, but when it goes bad it allows oil vapor to be continuously sucked into the motor.
My 6.9 IDI (basically the same motor) was eating oil, I bought a new CDR from the dealer for like 85 bucks and now I go 3k miles and burn maybe 1/2 a quart.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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