Re: 35 hp RPM
I hate to belabor the point, BUT--There is no high speed stop on the control box, therefore the handle and thus the control cable, will move as far as the engine lets it. There is, however, a high speed stop on the engine linkage to limit timing advance. Because of this stop, even with the cable quick-connect removed, the cam will advance by hand only to the point where it is now. It is OBVIOUS from the photo that the linkage rod is too short and the cam is not opening the carb butterfly fully. Once the OP adjusts the ball links and rod so that the scribed line touches the roller correctly, the engine will gain RPM. THEN he can worry about if it has the correct prop for a 'toon.
Because of the design, the length of the threaded end of the throttle cable has no relation to performance EXCEPT (in this case) to adjust the quick-connect so that about 1/4 inch is pulled out in neutral. This allows the engine to shift into gear before timing, throttle, and RPM start to advance
Of course, since I can not see the carb and don't know if the butterfly IS opening fully due to a previous maladjustment, and I don't know if it is the correct carb, the above only applies if it IS the stock carb and all other links are correctly adjusted.
I could be wrong: I was wrong once---I THOUGHT I was wrong but was really right! LOL