I have a chart of paper tape hole patterns for all 128 characters, and it
shows the LSB (bit zero, although the chart numbers them 1-8) as the edge
hole on the 3-hole side, with the bits in order 0 to 7 (or 1 to 8).
However, one question, this chart shows the high-order bit (parity bit)
punched for every character, no exceptions. Was that a standard convention
in sending ascii files to paper tape?