Good morning,
Looking in this forum at the titles there are several threads relating to your problem, or at least something close. Also try using the advanced search function and searching for 'switch' and then maybe 'starting'. Here are a couple recent threads that may help:
http://66.129.2.151/pf2/showthread.php?t=7808
http://66.129.2.151/pf2/showthread.php?t=8144
I know what the starting circuit looks like on a single speed but never dealt with a two speed but sure sounds like a switch issue. See if these threads help and if not we'll pursue further. My belief is that if you can get it to run without smoking then it is probably something simple.
Al
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