The double pulley mechanism can be unscrewed and rotated to adjust belt tension. It's an eccentric design. Also, make sure it's riding in the right spot on the platter.
The very, very early 412s like yours used a ball-tip toggle switch instead of the rotary switch found on most 412s. It had a super-long threaded shaft. Identical switches can still be bought today, except for the ridiculous length to get through the wood panel. You can probably scare one up on eBay, they were used in tons of old electric organs.
The very, very early 412s like yours used a ball-tip toggle switch instead of the rotary switch found on most 412s. It had a super-long threaded shaft. Identical switches can still be bought today, except for the ridiculous length to get through the wood panel. You can probably scare one up on eBay, they were used in tons of old electric organs.