1. DO A COMPRESSION CHECK. If you have 80#'s or more on each cylinder then the valves and valve timing are good enough to start and run.
2. Pull coil wire from THE DISTRIBUTOR CAP and hold 1/2" from a good ground. Crank over with switch on or jumper in place and if blue spark the coil, points, and condensor are good. Plug coil wire back into distributor and hold a sparkplug wire a 1/4 to 1/2" from good ground. If good spark the rotor, cap, and wire is good.
3. Pull #1 sparkplug and turn engine till air hisses out past your finger tip and the pointer in the view hole just above the starter is lined up with the BB in the flywheel. Take off distributor cap and note where the rotor is pointing, put cap back on and put the #1 wire in the position the rotor was pointing and then plug in 5-3-6-2-4 in a CLOCWISE direction from the #1 wire.
4. Pour a shot of gas in the carb and fire it up. If it keeps running your home free (may take several primings). If not there is a fuel supply issue.