Personnaly? I would not try to put a scope on it. Here in the Greater Northywest; getting your hands on a 1917 Eddystone still in good to great shape(ie: not rusted out, not a lot of holes drilled in it, with a good bore) is almost impossible. You didn't mention the bore? Is it in good shape?
Anyway, if everything is as good as the outside, I would take it to the range to see how it performs with some diffrent loads. If it shoots well, I might have a nicer stock made for it
. Just me a talking here.