Ok you say the distributor is side mount. So that clears up a few thing because side mount and front mount trouble shoot different. Side mount you set the points at 0.025. Now after you get the points set correctly turn on the key, take the center wire off the cap. Hold it close to the block. Open and close the points by hand. Do you get a spark from the coil wire when you do that?? If you do then you have either a bad cap or rotor, if you don't then the points are dirty or they have not power to them. Also when you open and close the points by hand you should get a spark there and hear a snap as you open them up. Oh one more thing it can not be a 1949 8N if its side mount because they did not make them till mid 1950
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