Bob, think you are totally confused on how the wiring works. At least for now remove all the wires to the voltage regulator, they should not be connected to anything anyway. To be on the safe side, tape them up.
You need one wire 8 or 10 gauge from the alternator to the "hot" side of the circuit breaker panel under the dash. If the car is wired correctly there should be a wire for the starter solenoid battery side connected to the same post.
If you want to skip all of that, run the wire from the alternator directly to the "hot" terminal on the starter solenoid.
None of the car wiring should connect to the voltage regulator except the original wire from the battery that connected to the BAT terminal on the voltage regulator. There should be two other wires, the field wire from the original generator marked FLD and a wire from the armature marked ARM. There is also a ground wire to the case. These wires were required for the original generator to work and are no longer needed. If anything else is connected to the voltage regulator then there is some funny business going on. Anyway, disconnect all of the wires to the old voltage regulator and get a clean, one-wire connection to the new alternator either directly to the starter solenoid or to the circuit breaker panel.
Not sure what the time frame is for Kevin, but fairly sure he will tell you the same thing. It is possible to connect you new alternator to the original voltage regulator BAT post just using it as a terminal point to retain the original appearance, be it would be totally non-functional. However, think that is just a point of additional confusion at the moment and it is much similar to trouble shot this if it is just disconnected and bypassed.
If you have photos you would like posted several of us here on the Barn can post them for you. If you want me to, just email them to me:
jseery@ymail.com