Mr. Harvard,
What model year is yours?
F. Y. I: To just not confuse the issues here: Only '54, '55 (6-V only), and '56 (12-V only) used the King-Seeley system that was being discussed here above: It does not use a voltage regulator.
If you have a King-Seeley system, something else is wrong. If you have a voltage regulator, that is an entirely different "beast".
Regards, JLB
55 Ford Crown Victoria Steel Top