Well Hugo,
it is so simple, I feel ashamed really. Buy some fagpaper, this time not the very thin almost look trough type you buy to set the timing using between the points.
Go and buy some that is a bit thicker and smooth, usually very bright withe called OCB over here.
With a lot of backslash turn the engine over and feed one stripe of the paper from behind between the big idler and the dynamo pinion. it is essentiel to feed enough so the paper get a nice zig zag form. you leave the paper in between the gears, adjust the alton to what you think is just about nil to very very little play and bolt it down. turn the engine a bit to free the paper from between he gears and you are certain you have a nice little play, without being to tight.
In fact, it is much easier and faster to do than the whole description here.
sorry I did not want to teach any granny how to suck eggs.
Bernd