Life if tough in Troy sometimes. How could it not start when you have all the right ingredients?

I think all is well...but not at the proper time!

The location of #1 on distributor cap can be anywhere you want. It is not an arbitrary thing.

What is important is that the firing order is correct, and follows the rotation of the distributor.

My thought would be to loosen the distributor hold down screw/bolt, and rotate the distributor any old way you want. Try and start it and see what happens. If it doesn't work better, swing the distributor the other way.

Moving it in one direction should get you some results...maybe even get the old beast running.

If you have a helper, have them try to start the rig as you rotate the distributor. Again, you will probably see results with one of the rotations.

If the air cleaner is off...keep your face out of a direct line of fire with Mr. Carburetor.

Let us know what happens.

Stuart