I'm changing my vote. I am now against saving the frame/fork.

I looked at the photo of the rack; you're right, that's a cool item. But the same photo shows the bottom of the downtube right at the top lug, and: the paint is blistered and the frame is rusted. I'm almost 100% sure the frame is bent.

My brother lives in Berlin, and a few years ago he went to a bike store and bought a touring frame; it was basically a generic frame, made in some former-east-block country to his specifications, chrome-moly, and remarkably cheap. That's probably your best bet. Have your buddy ship you the parts you want off the Raleigh, and build up a new tourer.