yes Craig
it's a centre tapping on the field coils, so the timer bypasses one of the sets of coils which has the effect of increasing the motor speed though reducing the torque, so an ideal way to achieve the high spin speeds, when the vast proportion of the water and therefore loading on the motor has been removed, though whilst doing this, as half the coils have been taken out of the circuit, the resistance (impedance) is reduced so the current goes up, which in turn causes the motor to run hotter, therefore why it can only run at this speed for 20 seconds.
The classic hoover 1100s use this method to increase the spin speed from 800 to 1100, it's the switching of this motor circuit that happens when the speed drops before accelerating to 1100, this switching happens on most high speed machines these days but with electronics it's almost undetectable.
sorry I found myself waffling on longer than I intended, all the best with your restoration
Mathew