Thanks for the help
Thanks to you both for the information. Unfortunately it was not what I wanted to hear. Let me start at the beginning.
I have a Craftsman 3/4 Horsepower, Capacitor motor 3450 RPM, 115 Volts, 60 cycle, 9.3 Amps, with an Overload Protector. It is from an old (early 50's) Craftsman (King Seeley) Bench Saw. When I turn the power switch on, there is a drain on the household power, but the motor will not start and will shut off if left on for too long. If I wrap a cord around the shaft and pull on the cord at the same time that I flip the switch to on, it will start running and then run fine. My neighbor said it was probably the start switch inside the motor (not the power switch). I took the motor apart and the neighbor came over and looked at the start switch. The spring loaded part would not move freely. We got it cleaned up and now springs out.
While I had it opened, I wrapped electrical tape around some of the wires where the brittle insulation had broken though I could not see any bare wire. I got the thing back together and turned the shaft with my fingers. I heard a ticking sound. It was probably a wire rubbing against a moving part. Getting the motor opened and then back together took the better part of two days; I was not about to open it again to move a wire. I plugged the motor in and turned it on. Power drain, but would not start. I spun the shaft again with my fingers to make sure it moved freely and then tried turning it on again. Same thing. I did the old trick of wrapping some cord around the shaft and pulling it while turning on the motor. Voila! It ran, but made a much faster ticking noise. After running about 10 seconds, there were three loud pops, a flash of light, and as I was reaching to unplug the thing I could smell smoke.
I got the motor apart again and found a wire that was almost burned in half. I then noticed two wires not connected to anything. One was white and the other was white with black stripes. It was obvious they were not one wire that burned in half, but I didn’t know what they were for.
A couple weeks later when I was ready to tackle it again, the neighbor came down and I showed him what had happened. As I showed him I noticed that the capacitor was not connected to anything. That explained the two white wires.
Yesterday I mended the burned wire, soldered the two loose wires to the capacitor, got the back together again and turned it on. It didn’t run, but made an awful noise like an old fashioned door buzzer. I spun the shaft with my fingers and it turned freely so I wrapped some cord around the shaft and gave it a pull as I turned the motor on. Same noise, but I lifted the motor off the work bench because the shaft would not spin. I turned it off and was able to freely spin the shaft with my fingers. Something was not right and I hoped it was that I had wired the capacitor backwards.
The motor was not grounded so I put a ground wire around the bolt that attaches the mount to the motor. The bolt holes are actually tapped into the metal laminate, non-moving part of the motor. The mount also houses the capacitor and the power switch. Is this an acceptable ground?