Schwinn SS SP? SL FD bike?
I am sure it can be done the issue would be removing the material evenly all the way around the inside. Since it is aluminum you most likely need to use an actual reamer or lots of aluminum sand paper.
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“One morning you wake up, the girl is gone, the bikes are gone, all that's left behind is a pair of old tires and a tube of tubular glue, all squeezed out"
Sugar "Kane" Kowalczyk