Follow the reverse handle down - its pointed at stud gear
Big gear most to right and down is screw gear
Currently you are COMPOUNDED for fine feed
This involves two planes of gears
Threading set ups on your lathe involve a single plane of gears
For this purpose there are SPACERS so you can adjust a gear's position from one plane to the adjacent plane
Take all off that is on there - stud gear down to screw gear.
Put on and position the stud and screw gears (listed on your chart) to cut the thread you want. Use the spacers so these two gears share the same plane
Put in a BIG GEAR - also in same plane - to act as an idler and connect the stud to the screw gear
You are now set up to cut threads
You may benefit from this great 1927 pub - a good page to address this subject is PDF 92
http://vintagemachinery.org/pubs/1617/5795.pdf