If I were a gambling man (i'm not) , I would wager the base idle screw on that side of your 1405 has backed out and now you are running rich. It's what Edelbrock carburetors do, lose tune.
Out to richen, in to lean.
A simple solution is to turn the "water side" screw IN ( clockwise) - until it bottoms out - while making very careful to keep track of how many turns it takes. I count 1/4 turns.
Find the bottom and return it to it's original position. Duplicate that number of "quarter turns" to the "black smoke" side and I WOULD bet that tailpipe immediately begins to spit water.
That is good. If it does that, it was a simple fix.
I THINK it's about 6 quarter turns + or - .
Make sure your keep track so you can undo it if so desired.
Looking to the future, granted my knowledge of Edelbrock carburetors is very limited, BUT if you feel brave enough to contain that spring and re-install it later, you COULD remove those screws and brush WHITE OUT on the THREADS ONLY, and that will help prevent a repeat.
I respectfully defer further elaboration knowing damned good and well that other members SEEM to know more about Edelbrock carburetors than I do and maybe they will be willing to add to , or correct me.
Admittedly, I stopped using Edelbrock in the late 90's, as disclaimer.
I doubt they have changed.
Good luck!