Ed,
If as you suspect, the chuck was originally threaded 1"-10 and was re-threaded 1"-8, the threads should look pretty much a mess. However, it should still work OK if the unthreaded bore and the face are OK. You haven't said and probably you don't know how much the cousin and a half took off of the spindle flange. But if there is a visible gap between the face of the flange and the rear face of the chuck, that is the next problem. That usually would indicate that when you screw the chuck onto the spindle, it is stopping on the threads, not against the flange as it should. You can cut the threads a little deeper or you can grind a little away from the first thread in the chuck. If you had a 1"-8 die nut, I would use that, but it's highly unlikely that you do. Assuming that your hands are still pretty steady (mine aren't), use a Dremel tool with a 3/4" dia. flat faced stone to grind away about 0.010" of the first thread. Chock the chuck on the bench with the start of the first thread at 6:00 o'clock (12 hour system) so that it can't move. It may be wise to tape the chocks to the bench. Position the Dremel parallel to the chuck axis (thread axis) and tilt it up at 30 deg. Grind 0.010" off of the thread face (this will be flat, not curved as the thread will be). Remove by grinding the sharp edge of the end of the thread. Make sure that there are no burrs on the edge of the thread by running your finger over it very lightly (don't want to cut your finger). If there are, remove them with a small piece of sand paper (220 grit or finer). Fit the chuck to the spindle. The gap should be gone or at least less. If it's gone, fine, if it's less but not gone, take another 0/005" off of the first thread in the chuck and see if that fixes it. But if the gap is still as bad as it was originally, then the spindle nose thread must be bottoming in the chuck. Report back for options.