I'm still working on this! I got a quantity of new powder to try, IMR7383. It was the powder used, beginning in the late 60s for the M8 50cal spotting rifle on the 106mm recoiless rifle. The cartridge is smaller than the 50BMG and the powder was designed to burn at 38,000psi with a burn rate that appears to be between 4350 and 4831, about like RL19. It is bulkier than RL19, 40gr of it fills the Krag case up to the beginning of the shoulder and should give me the velocity I need to duplicate the Palma load at a pressure my alloy can take. I found that I could still easily chamber a round with the bullet sized .314, so I'm going to try comparing loads sized .311 vs those sized .314. First I'll try them out of my scoped cutoff (see cast shooter upgrade below), then later insure that my full length rifle, which has the same bore/groove dimensions, gets along with whichever load tops the comparison. I have the loads, mother nature is not cooperating, wants to rain on my parade everyday.
I found out why nothing would shoot worth a hoot in the post above. At the end of the previous range session I fired several loads that were overpressure for my alloy, the loads were blowing lead back on the caseneck, and I didn't clean the rifle afterwards, so the bore was pretty heavily leaded up. For those who think shooting jacketed will clean the lead out of the bore, it doesn't appear to me to be so.