I have enjoyed refurbishing old iron for many years. You have run into a concealed problem that gets the ole gray matter going.
You will figure it out. Walk away every once and a while, sleep on it.
Have fun.
Long story is that it makes no sense to turn the bearing around, so I machined a new spacer. With the added thickness of the new spacer, there was no way to get the big gearwheel into place. So, I'm assembling it with the old spacer, the same way I found it. Will go easy on tightening up the lower wheel though...
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