Mark or someone with knowledge on these carbs, is there supposed to be an o ring in the hole directly below the red duck bill valve in the pic?Wrong tube. You need to make sure the tube that delivers the fuel/air mix to the venture is clear all the way. Remove the carburetor and look up from the bottom, you will see it sticking down in the opening. If that tube is blocked then fuel cannot pass to the engine, and will be forced out the air bleed orifice as you have pointed out.
View attachment 524409
Mark
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