jkkys- the SPRING doesn't bind? What's that have to do with the rod and the bell crank? Not sure of any relevancy there???
The bell crank assbly when bound slightly due to the body moving and/or the engine moving can keep the rods and pivot points from operating freely... hence not allowing the throttle shaft to move easily... (here comes your spring)... not allowing the spring to have enough force to overcome the binding and return the throttle shaft to whatever position it should be.
How many Ford products use bell cranks now? Just because 53 yrs ago it "worked" unless you were off road, doesn't mean it's good enough, safe enough or reliable enough to keep using it. Remember drum brakes, 2bbl carbs, smog pumps, 8.3:1 compression engines, etc, etc, etc meaning to me that there aren't many products used from 1968 on newer cars or trucks that have the same lifespan, efficiency, dependability, etc, etc.
I do remember every truck I drove hauling boats, hauling trailers, driving empty all got about 8mpg, had terrible emissions, had points you had to adjust with a nail file or matchbook, change plugs every 5,000 miles, had Sylvania sealed beams that glowed like a candle in the dark... I think you get the picture... Just because a Bronco came with it as OE doesn't mean it's any good... wipers on top of the windshield !! LOL Not jumping on ya but 53 yr old tech is a Model T...
Hope that helps. Seen it happen in a half dozen rigs- only whent twisted up.
Like Broncobowsher said- no guarantee with cables either. The cable and housing when misaligned during installation will cause the cable to wear a groove in the housing... then it too will bind.