Hi Ian
It looks to me like the one thats poking up an inch might need a new axle tube as well if its worn past the outer of the bushings. from the picture it looks bad.
you wont know until its apart and see if the hole the bushing goes in is worn.
Also is it worn at the bottom where the trust bearing fits. It will be steering with the weight of the tractor on it. The bearing would normally take that force and thats disintergrated causing the inch difference

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The hard part of this will be the reaming as I have never come across a farm workshop that has one. it is a special tool that you would find in an engineering workshop or dealership if you are lucky . if you have one on the farm and the skill to use it you are a lucky man indeed

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I hate those jobs in my trade that come with the sentence "I cant be with out the tractor for more than a day".
It means the jobs going to be a pig as everything will go wrong and it' ll be down 2 days or a week

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Something will be messed up with extra parts not being on the shelf then getting delayed on next day delivery.
The best ones are the freight companys that manage to loose the last part in stock in the country

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I could Write a comical book about this stuff when I retire

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good luck.
Regards Robert
A Fordson is for life not just for Christmas !.