This system is supposed to run rich at idle, lean at mid range without load, and rich under full throttle or higher engine speeds. All of this, or at least most of it, is done right at the throttle valve with the way the linkage operates. The throttle valve opens faster during mid opening than it does coming off idle or approaching WOT. This quicker opening during mid range allows more air to enter the intake manifold thereby leaning out your mixture while cruising down the road a 60 MPH.
At WOT you need a rich mixture to protect your pistons from overheating and burning up. This system took into account every input consideration imaginable and responded with a very cutting edge answer in its day.