You're giving up too easily. If it's salvageable that stock pad is made with as good or better materials than most any replacement you'll find. Leftover NOS Violet L-pads are getting hard to come by these days, and they're the only thing i'd offer as "better".
Those old pads Altec used will come apart with a little persistence and care. A light buffing of the wiper and resistive NiChrome winding with some deoxit soaked extra fine steel wool and follow up with de-oxit preservative should buy you another 20 years out of that old pad.
Unless it's literally burned up, there's not much to go wrong in there, it just gets tarnished and cruddy over time. If you have really bad luck like me, some slag of a backyard technician will have sprayed WD-40 in the pots which will clean up with hot soapy water and a lot of love for the hobby.
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