Regarding engine cooling,the water outlet must be from the top of the cylinder, then slope upwards the top of the cooling tank to ensure the thermo syphon operates effectively,when setting up an engine ,do not make a posh tank arrangement just try various size containers when an optimum size is achieved make a good tank of the same volume.old (non Diesel)stationary engines did not run on high compression ratios,lower ratios give nice slow running and do not produce so much waste heat. Now valve overlap,I have found ,even on early engines there is always some valve overlap,there was a comment that hit and miss engines would run hard and and not be allowed to hit and miss,which would allow air only to be drawn through the engine and help with cooling, there are numerous instances on work where the engine does idle then pick up again, instance log sawing the engine idles when the operator has to pick up the next length of wood,but you must wait for the engine to fire before pushing the wood into the saw otherwise it will stall. Throtle governing was used on petrol /paraffin engines to keep the cylinder head /vapouriser hot to ensure the fuel was vaporised. Most owners of full size gas engine prefer to use propane set at about 3/4 to 1 pound per square inch read on a gauge mounted close to the gas cylinder regulator and then a gas bag in the fuel pipe,setting up and adjusting the air gas fuel ratio can be difficult,unlike petrol ,gas will not run weak or rich so a petrol set up is far easier, i have 3 gardners,two are gas with hot tube ignition and the other is petrol and magneto ignition,the early 1906 gas engines runs beautifully but the lamp for the hot tube can easily get blown out on a windy rallyfield,the petrol engine keeps running if its blowing a gale,and it is noticeable that the 1910 petrol Gardner has a higher compression ratio and a lot more power.