The "neutral" is a "grounded conductor", meaning it is carrying current back to the ground (midpoint of a 240 single or 3 phase "Y") connected service. The "ground wire" does NOT carry current except in the event of a fault. In other words, if you disconnect the "neutral" in a live circuit, you can get one helluva shock if you become the ground path, because it now becomes "hot".
A generator may or may not have the "ground" and "neutral" tied together. By code, that "tie" needs to be at the service disconnecting means, and kept separate at all other points in the system, simply because there is the POTENTIAL for a difference in voltage between any given "neutral" and "ground" that could kill you.
Back feeding a generator to a welder plug, unless just a couple feet from the main panel disconnect, violates the ground/neutral safety, to say nothing of the other safety issues involved.
As another side note, if you don't ground the frame of your generator and tie the generator neutral to ground, you technically have a "floating" system in which either hot leg or neutral can be tied to ground, but only one at a time. Such a system is inherently safe as long as you only contact one conductor at a time. Worked on a 480 system at a gravel pit that was fully floating - that was interesting.
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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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