I think you are correct that the Sherman OD was faster than the Sherman Hi/Lo. My first tractor was a 2N with the OD. I was clocked running flat out (with my toe on the throttle butterfly) at 23 MPH a couple of times. I used to drive it down to the Am Legion on Thursday nights for cheap tacos and tap beers. First couple of times I brought a couple of wrenches along and adjusted the toe in a little. Otherwise the wheels were flapping in the breeze and it was a bit scary. About the only other use I found for the OD was snowplowing. Run it about half throttle in 1st OD gave you enough speed and faster working 3 point. I've read many times here that the Ns were only good for gathering the eggs and going after the mail. There weren't many tractors that would get you to the mailbox and back as fast as an N could with the OD.
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Today's Featured Article - Third Brush Generators - by Chris Pratt. While I love straightening sheet metal, cleaning, and painting old tractors, I use every excuse to avoid working on the on the electrics. I find the whole process sheer mystery. I have picked up and attempted to read every auto and farm electrics book with no improvement in the situation. They all seem to start with a chapter entitled "Theory of Electricity". After a few paragraphs I usually close the book and go back to banging out dents. A good friend and I were recently discussing our tractor electrical systems when he stated "I figure it all comes back to applying Ohms Law". At this point
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