I doubt there are any more components. There are enough to do the job as it is (including the pot, which is elsewhere). and there is really no room for any more under it, that PWB is right down close to the cast panel.
As for the white smoke, we do not know anything about the pot (control). It might have fried when the neon bulb failed, or another part, such as the large power resistor, or a capacitor, may have failed.
What we know is that the rapid works, so the motor is OK. But that probably bypasses the control, possibly by turning the SCR on full. Something in the variable speed has failed, but not the SCR, and not anything that would prevent the SCR from turning on (because of the rapid).
The pot, the diode, and the large resistor are possibilities, along with the neon bulb (an NE2, most likely, as Jim Rozen suggests). Those are in the speed setting portion of the control, which we are fairly sure is not working, per the OP.
As for the white smoke, we do not know anything about the pot (control). It might have fried when the neon bulb failed, or another part, such as the large power resistor, or a capacitor, may have failed.
What we know is that the rapid works, so the motor is OK. But that probably bypasses the control, possibly by turning the SCR on full. Something in the variable speed has failed, but not the SCR, and not anything that would prevent the SCR from turning on (because of the rapid).
The pot, the diode, and the large resistor are possibilities, along with the neon bulb (an NE2, most likely, as Jim Rozen suggests). Those are in the speed setting portion of the control, which we are fairly sure is not working, per the OP.