Hi Plum71RT,
Sorry to hear about your electrical problems. I'll take a stab at it here. I don't think
it has anything to do with the diode array as thats part of the stator side of the alternator.
There are a couple possiblities on the "other side". There is suppoed to be a insulated
washer as part of the mounting of the brush holder. If that is missing...disintergrated...etc
then the brush connector could get shorted to the case. I'm thinking though that would
maybe melt the brush holder but not the carbon brush itself. The other more likely possiblity
is that the rotor is shorted to ground. Normal field currect for a healthy alternator is about
2.5 to 3 amps according to the 71 factory service manual. Being that the rotor is probably
not repairable my call would be a new alternator. Good luck!! Jeff