Thanks for the continued comments and questions. My timing and flywheel keys are good.
I took a couple of hours today to study my problem. The motor wants to start with starting fluid - full throttle no choke.
I am convinced that this a carburetor problem. Somehow, the right amount of air/gas is not getting to the cylinder. I took the car apart again- everything looks good. The pilot jet has a little something in it. I removed it. Nothing changed. Throttle action is excellent. Jets are clear. Good connection to the intake. Float bowl is working properly. Maybe jet size can explain it all???