Pretty sure that it's the original fuel pump too.
Looks like the fuel pump has been swapped out to me, not painted black, clean, and the sight tube fitting being on the pump. Looks just like the updated replacement pump I put on my 72 140HP a couple years back.
Pull the cap off the fuel pump's sight tube fitting and see how it runs (if fuel comes out you have a bad pump). Better yet, plumb it to the carb's air horn as suggested earlier so it's plumbed correctly, then see how it runs. If the pump's vent can't breathe, if may restrict output, I ran into this once, restricted high RPM operation......
Also agree with the need for A-1 hose, if it's not A-1 already. I would double clamp all fuel hose connections, clamps should be clocked 180* apart.