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Great news.
Yeah with only one end of the outer shield connected to ground it serves to well....shield the center conductor from noise pickup.
The volume control pot must have been the original problem.
If I can find it the trash bin, I'll take some pics of the original pot. Never seen anything like the damage done to the right channel wiper. It was if someone reached inside the housing with a small screwdriver and mangled it. The left channel was damaged as well, but not nearly as badly.

