Rich,
It is really wonderful to see your work on screwmaking. I hope that your efforts are successful and rewarding. Probably the best screwplate to use is the Stubbs. Here is what I have done with mine.
1. Clean the screw holes using modern bore cleaning brushes - .22, .30 cal, etc.
2. Get a good set of number drills (I assume you already have a set). Use the drill bits as a set of go-no go gauges to find the minimum diameters of all the holes. For instance, for a certain hole you can find that a #22 drill bit will pass, but the #21 drill bit will not, so you know the minimum diameter to +/- a few thousanths of an inch.
3. You will find that one side of the paired holes is very slightly larger, this hole is for making the tap, the slightly smaller hole is for making the screw.
4. File or turn a rod a bit larger than the minimum hole diameter for a first trial. Say if the hole minimum diameter is 0.120, try a rod at 0.140 to see if the threads form OK. Unfortunately this is a try - correct - try again process. Use plenty of oil.
5. Once you get the diameter sized for a well made screw, go to the tap hole in a similar way, but there is no need to use good steel yet fot the try - correct - try again.
6. Lastly use good steel to form the tap. I use W1 steel rod from Mcmaster Carr and fully harden them, no temper.
7. Of all the holes I have in several screwplates, I only use 4.
8. As to the material, I use either wrought iron, which is the best and original, or I use leaded steel, 12L14 (Ithink that is the proper designation) again from Mcmaster Carr. The long iron/leaded steel rod gives you something to hold in a vise as you make the threads.
9. I have made the screw blanks by forging, for a crowd show-n-tell, but I find it easier and quicker to just file down a rod to the proper diameter and finish with a screw grinder.
I hope this helps. Again, I wish you the best.
Jim