1995TXRT is not a valid model number. I searched my files and I think I founds what the upper adjustment is but I have never worked on a motor with that adjustment. The upper adjustment that seems to be disconnected ot broken is the timing adjustment. Different models have different spark timing a nd I think the spark is changed as the throttle opens. Since the timing rod is not connected, I guess the timing does not advance as it should
Setting the timing is described in the service manual but if you motor is running well, I might leave it alone.
The lower linkage is the oil pump ratio control as I mentioned. The adjustment for that should be periodically checked. It seems that yours has an end that is cracked. Keep an eye on it. If the rod connecting the throttle lever to the oil pump breaks or becomes disconnect, the oil ratio will the highest amount of oil per gallon of fuel. At idle and low speeds that will cause excessive smoke and plug fouling