Horrendous Exhaust Fumes

[George Snyder]

Thanks to all you Guys for staying with this post and helping me along. Update.
I am told by other guys that I should have lowered my Power Valve,not raised it. I started at 6.5, then changed to 10.5.(it was in the rebuild kit). They are suggesting that I should go with 4.5 or even 3.5? My concern going that low is what will it do to my throttle response under normal driving conditions?

The throttle plates on the secondaries are fully closed.
I adjusted the idle mixture screws to the highest vacuum.(14.5).
I started the engine and followed Mr fixit's suggestion. I had to use two pencils erasers, but achieved the same results. I have big meat hooks!
The engine began to indle EXTREMELY rough and the fumes were over whelming. It took starting the engine 3 or 4 times until it returned back to normal not closing off the air bleeds.

What now? Questions?

Does this mean that my idle circuit is lean or rich? If that richen it, I assume that i need to lean it?
What power valve do you guys suggest?
When I restricted the idle feed restrictor holes with the paper clips, I only did the primery ones. Should I have done the secondary ones also, or should I just bag the paper clip fix completely since the car refused to even attempt to idle?
I have been reading my Demon instruction manual also.
It states that the idle feed restrictors can be adjusted, but it doesn't explain how it can be done? Holleys the same?
It also states that the air bleeds can be adjusted also, but ONLY BY SOMEONE WITH A DEEP UNDERSTANDING OF CARBURATION!
Is that someone like me?
Take care and thanks again to all. I'll wait for your suggestions.
Bud