If your 2 wires in the same plug are red and black one is probably DC charging wire and the other is an AC output for lights. I forget which is which. You can look for a diode in one of the wires but you will probably have to remove the cover and you may have to remove the flywheel. The wire with the diode will be DC to charge the battery.
If both wires were the same color they would both be AC and plug into a regulator which would mount on the engine. The output from the regulator would be DC of course.
The other black wire is the ground wire to the magneto.
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Today's Featured Article - Women and Tractors - More Views From the Farmer's Wife - by Teri Burkholder. The top ten reasons why the judges wouldn't let you participate in the stock antique tractor pull: Hey, this is stock! It came with that V8 in it! That "R" on my tires stands for "really old" not radial! Blue gas? We thought it was a pretty color! What wire hooked to my throttle?
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