Check the length of your chain -- 24 half-links, from center of first pin to center of twenty-fifth, should measure no more than 12-1/16", which would indicate 1/2 percent of elongation due to internal pivot wear (so-called "chain stretch"). If the chain is too long, replace it.
Since you (understandably) use low gear all the time, and since that 22-tooth cog looks much more worn than the others, it may be time for a new low-gear cog. Consider replacing the 22 (assuming you have a 14-16-18-20-22 freewheel, which was very common back then and which I eyeball guess yours to be) with a 23 or a 24.
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"Far and away the best prize that life offers is the chance to work hard at work worth doing." --Theodore Roosevelt
Capo: 1959 Modell Campagnolo, S/N 40324; 1960 Sieger (2), S/N 42624, 42597
Carlton: 1962 Franco Suisse, S/N K7911
Peugeot: 1970 UO-8, S/N 0010468
Bianchi: 1982 Campione d'Italia, S/N 1.M9914
Schwinn: 1988 Project KOM-10, S/N F804069