I have the same one. It operated by a reeves drive, which is a system where the lever slides one half the pulley away, widening the distance. This allows the belt to drop to a small diameter thus slowing down the speed.
I would recommend cleaning and lubing the shaft. I believe you can access by removing the belt cover.
If the bore has wobbled out and is binding it needs replacing this is what happened to mine. Its a bit involved but not impossible.
I would recommend cleaning and lubing the shaft. I believe you can access by removing the belt cover.
If the bore has wobbled out and is binding it needs replacing this is what happened to mine. Its a bit involved but not impossible.