i think this is more of a waste of your time and money
compressor that's not been used in 18 years pump might be seized may not even work for starters then there is what state is the pressure vessel in rust wise if it's been stood that long if you are going to all the trouble of fitting a engine and unloader valves etc etc might just be cheaper to buy one that works
My thoughts as well.
Genie or unloading valve, http://www.tool-net.co.uk/p-349065/clarke-1-2-bsp-pressure-unloader-genie.html