Right, as I've periodically posted, all these vintage designs require a period correct high output impedance amp to perform properly, so with more modern amps they require CD horn EQ for best overall performance which at minimum requires a shelving control bypass cap to let the highs through unattenuated.
Set your tone controls to minimum for both bass and treble, shelve the horns as much as it takes to make them sound as tonally balanced to the woofer as you can, set the treble control to flat and try different cap values (I typically used 1 uF to start), finally, bring the bass back up (you may find it needs modest boosting).
FYI, if there's any female listeners, I recommend letting them help set the levels as they tend to have better/more sensitive hearing and found that their audio related complaints tend to fade away if the speakers sound very smooth to them whether they actually measure smooth or not. IME this means a slightly recessed mids similar to the so-called 'BBC dip'.
GM
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