The current/torque control, keeps the fuse from blowing when started
at speed and when stalled.
If it's wrong the other way lathe will have no torque.

The compensation pot control keeps the RPM steady as the load changes.
If it is adjusted wrong the lathe will slow under load or it will hunt.
The speed control and the current control are interlinked so each has
an effect on the other.
I have mine adjusted so that it will do zero RPM.
Shane
--- In 7x10minilathe@yahoogroups.com, "Danny" <nm_course@y...> wrote:
> Shane,
> If you don't mind, can you tell me what the below is
exactly..."Speed Control" is pretty obvious...it controls the speed
that my lathe
> will run at....... I turned it down to run slower.... However,
what are the other two and is there a specific way to adjust each
other than
> how I did (trial and error)? The third (speed compensation) is the
one that's got me stumped...it didn't seem to do anything when I
> turned it..
>
> Thanks,
>
> Danny
>
> --- In 7x10minilathe@yahoogroups.com, "luskwyo" <skraft@c...> wrote:
> > The first pot is the speed control, the second is the pulse by pulse
> > current limit/torque and the third is the speed compensation pot.
> > Shane
> >
> > --- In 7x10minilathe@yahoogroups.com, "Danny" <nm_course@y...> wrote:
> > > I had found 3 pots. One was marked on the diagram "Speed", and
> > that's what I used to lower the speed, just like everyone else. The
> > > middle one did what Varmint Al described as affecting torque, the
> > third one (and the only one that didn't have some kind of clear
> > > rubber over it) didn't seem to do anything, and it seemed easier to
> > turn. All in all, it seems pretty smooth. Actually, now that I
think
> > > about it, the second one also seemed in a way to affect speed. I
> > could raise the speed back up with the middle (second one) the
> > > amount that I lowered it by the first one. Also, the second one
> > seemed to do as Varmint Al said....increasing torque.
> > >
> > (snip)