While we are on the subject of governers, I also have a 740 with an air vane governer. On this saw the spring loaded air vane governer pulls the throttle open and a high speeds the air flow from the flywheel pushed the air vane closing the throttle. This is how it was done before the days of RPM limited electronic coils. Again the throttle linkage is not directly connected to the lever, but simply allows the spring loaded air vane to push the throttle open (or closed, depending on engine speed).
All together
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This is a stock clip with the throttle push rod sliding through a small groove in the casting under the clip. Other saws even have a small felt wick in the casting that can be oiled to keep the shaft lubricated. Hey, that's a good idea, I will have to add that to this saw.
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Here is a view of the arm of the air vane governer slipped over a lever arm on the opposite side of the throttle shaft.
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Throttle closed, the spring on the throttle trigger pulling the rod back and overcoming the spring on the air vane trying to pull the throttle open.
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Throttle rod extended forward, I don't know if you can see it but the rod has moved completely away from the lever on the throttle shaft and the spring on the air vane is pushing the throttle open.
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Mark