Two years ago I bought an Oliver (Bat Ear) typewriter and it was a major disaster in my collecting career. Paid to much for a hunk of rust. I obtained parts, bought a manual and watched You-Tube video’s regarding repair. Then one very hot day… I had the carriage removed wanted to put it back on and like a square peg; made things worse than when I started. So I said never again. Then this one came my way… works sort of… I used my Everest to post (fitting).
I particularly love my Oliver 5. It is visually a beautiful machine. Looks like your Oliver needs a bit of alignment though.