you sent me down a rabbit hole on this one.

apparently the way this thing works is the lever arm is like a two-axis pointer, but it corresponds directly to a tray of lettersets. The lever action plucks the selected character out of the tray and plonks it up onto the roller and somehow puts it back
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The basic concept was patented in 1917!
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Which led me to this video on a detailed 3d recreation of the original

www.youtube.com/watch?v=KomYshzkrPU
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