If the motor is a simgle phase, I would expect it to be fixed single speed (1470 – 4 pole 2940 2 pole)
To slow the wheel will entail either changing the motor, (to 4 if a 2 pole, or to 3 phase and VFD), or mechanical methods, such as smaller driving wheel or larger driven wheel. Would be much easier if were belt driven.
Can you make up and fit a smaller driving wheel, and / or arrange the driver to contact the driven wheel closer to the centre?
To complicate matters, if space close to the driven wheel is too small, make up and fit a smaller driver, onto an idler, and change the start windings over, to reverse the motor direction of rotation.
Howard