I believe on older model trucks the wire had a MEASURED amount of resistance in the wire itself,,,shortening the wire by a few inchs would change the resistance value of the wire,,,also there was a BYPASS wire on the key switch or the starter solenoid that would apply the full 12 volts to the coil for starting and when the key was released it would run on the resistance wire,,,Old school for sure.
If your points are burning up at the gap of the points the condensor may be bad,,,the condensor "absorbs" the "arc" created by the magnetic field collapsing in the ignition coil every time the points break,,,if the condensor is bad the "arc" will not be "absorbed" and the points will fry.
Man this is showing my age /forums/images/graemlins/whistling.gif /forums/images/graemlins/whistling.gif,,,,I can remember setting up
many dual point distributors before the advent of electronic ignitions.
You could find a wire that gets "hot" when the key is switched on and install an inline ballast resistor,,
if you feel the original setup is not working,,,
just remember to install the bypass wire I spoke of earlier.