I'm oiling everything again. There's a hole in the back of the machine close to the handwheel, approximately in line with the spool holder. It seems to help loosen the handwheel somewhat.... still a little stiff but less than before. Im going to work on that for a while and then I'll check the belt and see the options like you guys suggested. Im hoping to get this iron lady back in service. Can't wait to treadle. Wish me luck.