Sounds like you have lost the rubber bushing, or bushings, that should isolate the pivot pin / bolt and the piece held to the springs by the u-bolts.
Check your shop manual for a picture, page 4-61.
You should be able to see if there is anything there by looking to see if the bolt is centered in the big hole, or sitting on the top edge of the hole.
Or, jack up each side by the bottom of the spring and see if the springs moves before the axle does, or at the same time.


1951 GMC 250 in the Project Journals
1948 Chevrolet 6400 - Detroit Diesel 4-53T - Roadranger 10 speed overdrive - 4 wheel disc brakes
1952 Chevrolet 3800 pickup
---All pictures---
"First, get a clear notion of what you desire to accomplish, and then in all probability you will succeed in doing it..." -Henry Maudslay-