Have you tried doing the adjustment on page 270-20-4? Either weld a 9/16 socket to a rod or very securely tape a socket to a long extension bar.If you lose the socket down in the transmission case then the rockshaft will have to come off. Is the wishbone under the tractor free to move?Its possible for the front bushing to have worn a spot in it that won't allow the wishbone to move.Jack it up a bit to where it can be sure to be able to move.Then try to adjust the system. If the valve operating lever has been removed at some time in the past, the timing could be out of wack.Its very easy to do.Take the cable off the lever and turn the lever as far as you can with the tractor running.Does this cause the rockshaft to move?If so,the timing is off. If the rockshaft has ever been removed then the cam follower could have fallen forward and it no longer against the cam.See #13 page 270-5-12.Can't remember if the cam follower can be seen through the bung hole,but you might look with a flashlight. The valves rarely ever get far enough out of adjustment to affect the operation of the system.They are very tricky to adjust too.Good luck.
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