that ORGINAL bag is stunning!!!!
and the orginal cord is to DIE for, the only thing i would do is oil the top berring through the hole in the motor cap. use either sewing machine oil, or 3in one. just a few good dropps and let it seep over night (theres a wick the runs through the armature that oils both berrings). and throw a Eureka F&G belt on her, and your good to go!
way nice find! treasure that, a 1920's machine in that condtion is impossible to find.....=)