If you have had the carb off and back on ahead of this trouble you are having, the first thing I would check is the throttle/governor shaft where it hooks up to the carb butterfly shaft on the carb. There is a nob that fits into a slot when that is put together. The nob must be put into that slot when that is put together. It can be put together without that going correctly into that slot, and if so, it'll do what you are explaining.
It's kind of tricky getting that put together right. You can't see very good when your putting those two shafts together (mating them up). And as it goes together, you go from not being able to see much, to not seeing it at all as it slides together. Even if you have a good idea that it is matched up, it's kind of a guess and a hope that it is. I don't know why IH didn't make this so it couldn't go together wrong, but they didn't. Not one of thier better ideas.
Anyways, check that first, and post back if that's not the problem.
You don't want to tear into the governor unless that's really your problem. Rule out all else first. If you didn't do anything to the governor, that's the last place I'd turn to. Not the first.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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