The nice thing about old cars is the simplicity. They only require a few things to run and few more to run well.
Since it runs..we can assume the basics of fuel, compression and ignition are all present. The question is, "are they right?" (and 25mph says "no".

)
Fuel - Should be called air/fuel. I think the assumption that the right ratio is there since it does run but verification of the fuel flow and air flow should be done. Not much to restrict on the intake side but as was pointed out, and exhaust restriction can build back pressure and act as a brake. When my exhaust brake on my diesel malfunctioned and remained closed I could not get the truck over 20 mph. As mentioned above, worth checking to make sure but if the exhaust were restricted you should be hearing hissing at the tailpipe.
Compression - easily checked with a thumb or a gauge. And since you can see the piston through the sparkplug hole you can verify that TDC on the timing gear matches TDC on the piston and verify that the timing gear is installed correctly. Compression can be lost by improper cam timing so it is worth the few minutes to verify that the internal parts are all doing their thing at the right time.
Ignition - I have found that the majority of performance problems, especially on old cars, are found here. Timing seems to be a black art. Assuming that everything above checks out... your problem will be found to be that your timing is set a TDC when fully advanced and after TDC when retarded.
(whoa, bold statement!

But you did say you get revs but no speed. I am, dangerously making the assumption that it means revs but no power. No power on a rebuild is usually not mechanical or carb....almost always timing)
2 things to check:
1. position engine so that any cam lobe in the distributor is holding the points full open and verify .018-.020 gap. (I like hot sparks so I always go small for high dwell)
2. With the spark retarded (full up), sparkplugs out, slowly rotate engine to TDC on #1 and verify that the points open at that point.
I'm betting they will open past that point by as much as 10 degrees..and running 10 degrees AFTER TDC will run real smooth but really put a crimp in you power, particularly since full advance will probably only give you zero degrees before TDC.
Hope this helps get you up and running at speed.