Deorman makes some good points: If the crankarms are French, you'll need French pedals. Otherwise, normal 9/16"x20tpi pedals will work....even if those are Raleigh cranks. (I'm thinking they're not, but I'm trying to cover the bases.) I also agree that cottered cranks are a PITA, although the old ones were a lot better than the more recent ones, and I'd probably like'm more if I owned a proper cotter press. That being said, the local co-op has a PArk cotter press (no longer in production) that I'm welcome to use whenever-- or, more accurately, the 2 times/week that the share is open.
If your mind isn't already made up, you might want to run an OPC with the smallest-possible sprocket instead of this cottered thing. That'd be cheaper and easier, at any rate. I get it, though--- I do things the expensive/hard way from time to time, too....