Beltfed,
Thanks for your interest. The method I used to adjust the valves is from the Haynes manual. With the distributor cap off and the # 1 and # 6 firing positions marked I cranked the engine until the rotor was pointing to # 1 and adjusted Intakes on 1-2-4 and exhaust on 1-3-5. Then cranked until rotor pointed at # 6 firing position and adjusted Intakes on 3-5-6 and exhaust on 2-4-6. As I adjusted each valve I tightened the nut until I was unable to spin the rod between my fingers. On the first go 'round after all the spin was gone, I then tightened each nut one full turn. However after I was finished the engine would not crank so I went back and repeated the process but only tightened the nut maybe 1/8 of a turn after all the lash was gone. Fired right up. That "one full turn" has me puzzled. I can't figure why the manual would recommend one full turn if the engine won't crank.

I have just rebuilt another Varajet 2SE carb that I am going to install to see if that makes a difference.

Sorry to drag this out so long. I really appreciate all your help.
Ken