Here's one way of looking at it, using common 2,3,4 in. pulley stack both sides for a three - speed setup since it's easy to figure out the ratios here.
Motor speed (powered axle) at 1725 rpm, speed changes calculated for 3 step pulley set, diameters of 2“, 3“, and 4”.
Driven Axle r.p.m. results of pulley pairings.
862.5 @2” x 4” (half speed) ratio of 0.5
1725 @3” x 3” (full speed) ratio of 1
3450 @4” x 2” (double speed) ratio of 2
Drive wheel diameter calc:
6”x3.14 = 18.84 in. dia.
Rpm of driven axle x belt drive wheel diameter = belt speed in surface inches per minute.
Belt speed in surface inches per minute w/6” drive wheel
16249.5 in./min. @ 862.5 rpm. Half speed
32499 in./min @ 1725 rpm. Full speed
64998 in./min @ 3450 rpm. Double speed
Divide by 12” to find SFPM.
Belt Sfpm., Calcs w/6” drive wheel
1354 Half speed
2708 Full speed
5416.5 Double speed
So if you use these diameter pulley sets and a 6" drive wheel on your grinding belt, you have a fairly low speed, a decent regular speed, and a really fast hogging speed. If you used a 3450 rpm motor with the same pulleys, you'd get 2708, 5416.5, and 10833 sfpm, or WAY TOO FAST.
The above is intended only as an example of how to figure out your axle speeds and sfpm. There are pulley configurations that can yield acceptable speeds from a wide range of motors, including 3450 rpm motors.
Be aware that increasing speed mechanically decreases torque.
Also, here is a link to a page that can help you figure out pulley and belt ratios.
http://www.csgnetwork.com/pulleybeltcalc.html