Sounds like you are needing to choke it to get it run, which means lake of fuel to the intake. Zen's suggestion about the Idle Cut-off Solenoid is spot on for one that won't idle. I would also check the carb and blow out all the passage ways. The other things that you might ought to check are the fuel filter and fuel pump, it could just be that the carb isn't getting enough fuel!
What is the status of the carb? Did you use the proper fuel pump push rod for your fuel pump? Too short and it won't hardly pump.
The fact that in runs with the hand shows that the ignition is close enough that it should at least run rough for long enough to warm it up and tune it in.
Speaking of fuel pumps, If you used the later "angled pump" and the older long push rod, that fuel pump is history more than likely.