Cranks but won't start. Unplug ground at field spade on Alternator and it starts?

Voltage test of Unilite power wire:

1) Cranking engine, everything hooked up: 1.3 volts (no start)
2) Cranking engine, voltage regulator Ign 1 OR field wire disconnected: 10 volts (starts)
3) Cranking engine, voltage regulator and field connected, black battery wire at alternator disconnected, no start

So when voltage regulator Ign 1 and field wires are hooked up voltage at Unilite is at 1.3 volts no start. But disconnect voltage regulator OR field wire and Unilite voltages goes to 10 volts and it starts?

A new auto parts store voltage regulator installed and no difference from other voltage regulator. Swapped on old alternator which worked no difference.

Disconnected field wire at alternator and voltage regulator, ran a jumper wire between the two, no start.


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