[mcgarrett]

Separate the alloy (pot metal) upper carb body from the cast iron base which has the throttle butterflies. Look at the underside of the pot metal carb body and you will see a valve screwed into it. This is the power valve. If they are old, they can fail to operate correctly or leak and cause the float bowl to empty into the intake manifold causing a flooding condition. Most new carburetor kits will have a new power valve, or you can purchase one separately from some of the Early V8 parts suppliers.