Ignition "ON", points "open", you should have battery voltage at BOTH low tension terminals on the coil.
Ignition "ON", points closed, you should have voltage at the "ignition switch" side of the coil and NO voltage on the distributor/breaker point side 'cuz that end of the winding in the coil is connected to chassis ground through the breaker points.
Whip out a test light and see what's going on on the points side of the coil with the points open, then with them closed, and post back.
If NO voltage on points side of coil with points "open", insulator at distributor terminal may be shorted, condenser may be shorted, or something else in that area that is NOT supposed to be touching ground may be out of place, and grounding.
To gain a good understanding of how Kettering ignition systems work, take a look at the John Deere FOS-20 manual for ignition systems.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let’s make one more addition to our series on hydraulics. I’ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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