Re: 1954 5 1/2 hp
Disconnect the air hose at the tank and put you finger over the end of the hose with the motor running. Should be slight pressure (+/- 4psi). If you have pressure there and no pressure build-up in the tank, there is a leak in the tank that you missed. Slop a bunch of soapy water all over the tank to find it. If no pressure at the hose, retry the same thing , disconnecting the hose that comes from the intake manifold at the fuel connector. If none there, the check valves are bad in the motor's intake manifold. I hear alcohol in todays gas is messing them up. Oops, forgot to suggest a bad o-ring in the fuel connector.