'59 235 with stock setup

Two problems. First, I have a leak as shown in this pic:
http://i35.photobucket.com/albums/d...20Pickup/20150522_113240_zpskmnpg4ol.jpg
It comes from around that plug (the throttle plate shaft, right?).

Second, with the idle adjustment screw turned all the way in, the idle speed screw just making contact, and the throttle knob closed the engine still revs way too high. Don't have a tach, but I'm guessing 1,000 to 1,500 rpm.

Are the problems related? Suggested fix(es)?

Are the

Last edited by PathwayRev; 05/22/2015 9:35 PM.
A VW guy trying his hand at a '59 LB fs. Lots to learn, but it's about the journey.