When I worked on suspended Gyros the suspension tape was at least 100mm long. In the non running position a spring loaded base was lifted up and supported the gyro body to save the tape from damage. ie. gravity.
Once started the gyro motor was slowly released and it would start to precession and then the motor was switched off and allowed to run down and the gyro would end up in a stasis position and this was the point where you adjusted the tape mount to turn whichever way to bring the optical viewing scale to zero, this could take a few hours of starting and stopping and resting.
By this method the swing either side of zero was equal and this was timed over a certain period and the swings got less and using a calculation Magnetic North was established at the position of the gyro. This magnetic North varied all over the place as it was affected by mettalic ore deposits or nearby railways etc.There is a natural undulation of the magnetic lines across the globe.
Uses were underground for mapping tunnels and for aligning aircraft navigation instrument and the weapon systems. Used on submarines to align the nav. system accurately. Also in times past to accurately locate the position of Artillery Batteries for accurate shooting.
All this is now pretty well overridden by Sat. Nav. systems.
The type of gyro was called the Rellensman system, there are other types out there.
Things that I found that affected the tapes are, oil on them, a kinked tape and a badly clamped tape end where it was not square to the mount. This was quite common and enough for me to check before any test on gyros coming in for test or repair.
Clive