Still no output with -v, but SnoopDos has some Fails now.
I'm missing all the OpenLibrary() calls, which are the most important ones. None of the fails look particularly relevant.
Do you have a version of Snoopy which works with OS4.0? That tends to work a lot better than SnoopDOS - unfortunately it's locked to specific DOS versions though so you'd need the right one.
At least we've proved that it is failing before it starts running, which probably means libauto isn't opening something (I thought that gave error output, but maybe it doesn't). I know libauto isn't recommended these days, so I'll see about opening everything manually myself - I know none of the OS4.1 libraries are actually required, so I can tell it to open the old ones, if that's what the problem is.
