Remove lead screw from table, screw into nut, twist nut with flat spanner till screw is parallel.
Old mineral oil from the 60's can set like loctite, the fix is the is the same – heat
Removal of the nut will give you the added issue of how deep in the knee does the nut go.
There was no need to disturb the nut, just clean it.
If you are tempted to take out the gearbox please be aware it is not like a car, there are no shoulders to tap a bearing up to and if you over do the taper bearing preload you have to dismantle again to tap the bearing outer ring the other way.
Drain the oil and if it doesn't glitter put fresh in and leave it.