I tossed together a quick calculator to generate the spindle speed, using a countershaft :
So far, to get close to the original speeds, I need :
a 2" motor pulley
A 5.75 " countershaft pulley
A 4-step pulley with the largest being a 5" pulley.
spindle based on 2" step : 240
spindle based on 3" step : 360
spindle based on 4" step : 480
spindle based on 5" step : 600
If I change the 5.75" countershaft pulley to a 10" pulley, it would then give me :
spindle based on 2" step : 138
spindle based on 3" step : 207
spindle based on 4" step : 276
spindle based on 5" step : 345
That's still not slow enough. Moving to a 10" pulley and a 1.5" motor pulley puts me at :
spindle based on 2" step : 103.5
spindle based on 3" step : 155.25
spindle based on 4" step : 207
spindle based on 5" step : 258.75
Which is still three times as fast as it should be.
If I add a 1.5" pulley on the countershaft to drive the spindle, I get around 77 RPM. That is about twice as fast. That is getting there. If I change the motor pulley for a 1.25, and add a 1.25 pulley on the countershaft to drive, that gets me to about 53 RPM, which is close enough to create my own pulleys. So, that "close enough" would be done with :
2x 1.25" pulleys
1 2" pulley
1 5.75 " pulley
1 10" pulley
That will do!