Shaun I will agree with David. Get yourself a real professional to do the job, not an ordinary domestic wireman.
But to help you understand what is going on, your motor is an AC induction motor (AKA a ‘Squirrel Cage’ motor). These basically have two sets of winding (Coils). These are ‘Running windings’ (often called A1 and A2) and the ‘Starting windings’ (often called Z1 and Z2).
From your ‘lettering’ I think you have a motor with a centrifugal switch and a (perhaps a capacitator). The extra wire takes power to this switch which opens cutting off power to the starting windings which are no longer needed.
The Dewhurst (Drum) switch is joined to the motor by four wires (PLUS THE EARTH). In the switch there are 8 numbered screws in the switch the basic plan is as follows
Line in (brown) =1
Neutral in (blue) =3
Start winding (z1) = 2
Start winding (z2) =6
Run winding (a1) =7
Run winding (a2) =5
4 & 8 not used
AND DO NOT FORGET THE EARTH
To reverse the motor, the Dewhurst switch reverses the feed to the starting windings. So if to run the motor clockwise the switch would connect say Z1 to ‘Line in’ and Z2 to ‘Neutral in’. To run it anti clockwise the switch will connect Z2 to ‘Line in’ and Z1 to ‘Neutral in.
If when the switch is wired in and it runs the wrong way (it runs reverse when the thing points to forward there are two things you can do. The correct thing is to swap the wire into Z1 to Z2 and Z2 to Z1 i.e. swap wires to screw 2 and 6 over, but there is another trick which is to unscrew the handle and put it back in from the other side
With the Dewhurst you should have a simple stop start switch as the Dewhurst is only a reverser not a start stop unit.
rdgs
Dick
Edited By Richard Parsons on 22/04/2012 17:31:54