It probably wasn't a "problem" for most folks "back then": Most folks (especially those that needed to drive trucks - farmers come to mind) then knew that gauges like this were just "guides"; and, NOT precision! THEY actually PAID ATTENTION to the "goings-on" with their individual vehicles (call it vehicle "personality", if you will); and, made their own personal "internal adjustments" to compensate. Gee, what an idea!!!
Unfortunately, most vehicle gauges nowdays are also just "guides"; but, most folks (even my other half) now want to insist on taking those indicators (very foolishly) as "gospel": They are only guides, with maybe 20% "precision" at best! Cheaply made to look impressive (to make sales); thats all.
Regards, JLB
55 Ford Crown Victoria Steel Top