These are really simple engines, so I think you have a simple problem - just a matter of finding it. I've never had a detroit not start. Maybe start hard, but with fuel and air they always start. I've seen one run after it shot a rod through the side of the block....seen one start up and run with a liner in pieces just blowing oil out the stack....they just start up and run - unless they have no fuel.
Please ignore everyone telling you to crack lines and bleed returns, blah, blah, blah. Detroits are self priming. They have a positive displacement gear driven fuel pump. It is a low pressure fuel system with unit injectors that make their own pressure individually. There are pushrods, springs and tappetts to activate the plunger on each individual injector allowing the fuel charge determined by the fuel rack to spray into each cylinder.
There should be fuel filters both before and after the pump.
Are you seeing white smoke out the exhaust when you're cranking? I'm guessing no. If you had fuel delivery, you'd see (and smell) the white fuel smoke. I would investigate a possible blockage in the tank or fuel line. Your initial symptom of the engine slowly dying out describe a detroit fuel starvation problem precisely.
Did you crank it with the throttle open at all or just idle?
Where in RI are you?