I purchased this motor, along with others, over the summer. All used. This one has had someone working on it. After reading both replies to my post, I went out to the shop and pulled the motor apart. The switch seems to be working freely. It is the type that has a "D" shaped hole and fits a very shallow "D" cut onto the end of the shaft. The contact point is on a spring steel disk with a bend in it.
After testing the ohm's with my meter, And if I understand correctly, the non switched full time hot wire was connected to the windings with the highest ohm's and the switch and cap were wired to the lower ohm's windings. Reversed ?
I swapped the wiring and then learned that the switch was in fact open. No idea as to how bending the steel contact disk will work out. (no other adjustment otherwise as far as I can tell) Working the switch with a screw driver, the motor seems to run well enough.
Thanks to you both for your replies.