Does the cutter have a slip clutch on it? Does tractor rpm slow down too? Your tractor should have pto speed readout on the dash, what is it telling you?
Thank you both for the help. Sometimes all it takes is someone else making you think thru the problem.
PTO speed does not slow down and yes the implement has a slip cluth on it.
The clutch disc on the bushhog needs replacing.
But on a goodnote...I now have a new Tachometer.