I am currently going through an old lathe I bought (craftsman #101.24470 12"x36") and I was pulling out the pin to disengage the back gear . The pin initially moves about 1/4" out ,however the back gear would not disengage from the pulley. After fiddling with it a little the pin pulls out about another 1/2" at this point not only will the back gear still not disengage from the pulley but now I realize the pin should not have been pulled that far out I can see the notch on the end of the pin that should not that far out. The pin will no longer go into engaged position either but it wont come all the way out because its hitting the headstock frame. From pictures in the maneul I believe there is a spring/plunger/ball mechanism but at this point I need to separate the back gear from the pulley to get inside and fix it. I removed a set screw from the inside collar of the back gear with I thought would let me slide it over but it wont at least not easily. If any one can tell me what to do from here I would really appreciate it. Here are links to some pics.
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos
Shared album - Z - Google Photos