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Hello my name is ***** ***** I will assist you. No the hour meter does not have anything to do with this problem. If the plugs are getting wet then most probably the problem you have is with the fuel pump. Try removing the fuel line that feeds the engine and see if the engine will start running right before it dies starving of fuel. If it thus then there is too much fuel going into the engine and flooding it. This is due to a bad fuel pump that is allowing too much fuel into the engine or else high / stuck float levels in the carbs. I suggest you remove the carbs and check the floa levels. They should be level with the bowls edge when put upside down. If they are ok then i would get a fuel pump rebuilding kit and replace it. Thiat should solve your problem.
IF you require further assistance let me know.