Dizzy Problems

If you don't have a volt meter the easiest way to check is to run a wire from the power lead on the distributor directly to the battery and see if it starts (you will need to disconnect the wire to stop the engine so best to have a helper). Not sure where you can get 12 volts with the key in the run position and start position but I guess the first step is to verify the engine runs with power. Next step would be follow what ever MAllory gives you to trouble shoot the distributor.

Also, if you are going to own an old car and try to work on it a digital multi-meter (DMM) should be at the top of your list of tools to purchase. You can get a perfectly good one for $20 at Radio Shack or a home center like Loews.