Gee, what a well-preserved bushing! No wear at all.
Unfortunately the reason for that is that it never moved for many years because it was rusted tight. I tried putting the perch in a vise and moving the hanger with along pry bar, but all that did was move my work table. I finally got the hanger to move by squashing it in a press. This is a good argument in favor of regular oiling.
Great advice. I do not lube every time I take a car out but always feel guilty for not doing it!
My grandfather used our TT on his ranch from 1946 until 1963. Then it went to my uncles ranch. I don't think either of them believed in lubricating anything. By the time I got it in around 2002 and started working on it, pretty much everything looked like Steve's shackle.
When I was 16 I worked the summer for a CA central valley farmer raking hay. On my first morning he showed me around the tractor and rake, showed me where all the grease fittings were, where the oil dipstick and radiator cap were, etc. He then instructed me in the value of checking everything and greasing every fitting every morning before starting. The value, he explained, was that if I didn't do as instructed I'd be unemployed.
When I worked for the auctioneer/excavating contractor in the fifties we always had to get there a half hour before we left for the job to grease every fitting on the trucks, backhoe, etc.
The boss always said,"Grease is cheaper than iron, don't be afraid to use the grease".
One of the only things I have found a use for the 600w oil sold by the vendors is for the King pins and other oilers, front and rear. It clings, works great and only needs to applied about monthly if you drive your car a lot.