that square pump is very reliable .
you can always rekit the pump but do ensure no air leaks (side connector) exists to suck air instead of gas. .
take off the pump and do a blow tests
air goes in to out no air from out to in
you do have the base gasket I hope
http://www.leeroysramblings.com/Rebuilding_fuelpump.htm
read instructions 3 times and understand it before doing the kit
start motor and pull the carb fuel inlet hose ....fuel should flow properly from the pump ( use a can to collect the gas for a minute while the carb fuel is burnt away.. if fuel to carb inlet is not flowing....work backwards .... make sure tank vent is open AND WORKING (pull the tank cap off if need be to test )
try a new hose, check fuel pick up in the tank or try a different tank and hose