You have a wire going to the coil, a wire coming out of the coil to the dist, and the wires in the dist that connect to the points and the condenser. The points are the ground for the power wire in the dist to the points. Disconnect the wire from the coil to the dist at the dist. Turn the ig switch on and check for voltage at the wire you took off the dist. . If it is there, the problem it is in the dist. If it is not there, move upstream with your meter until you find power. The fault is in the part of the circuit at whose end you first find there is no power. If there is power at the end of the wire that connects to the dist, the fault is in the dist. To check the dist circuits, disconnect the wires from where they connect to the points spring. Put your meter on ohms. Check to see if there is continuity from the wire that goes into the condenser to the dist plate. If there is, replace the condenser as it is shorted. If there is not, all is well with that device. Then put a piece of insulation between the two points contacts, so they are open. Again on ohms, put one lead on the points spring and one on the dist plate. If there is continuity (i.e., a reading), the points are bad in that there is a short from the spring to the base plate of the points OR you have the insulating washer system mis-installed, no matter what you think you see in your installation. Then take the insulation out from between the points, put one lead on the points spring and one on the dist base plate. You must get continuity or there is a problem with the points. The only thing I have not yet described is looking for power out of the short wire in the dist that provides power to the points. To test this wire, hook the wire from the coil to the dist back up. With the little power wire to the points disconnected from the points, turn on the ig and check for 12 volts coming out of that little wire. If not, there is a fault in that wire. If you will take each of these steps, you will almost certainly find your problem. If you think you have done any of them already, do them again. There is a slim possibility of some fault in another place, but until you eliminate common faults as suggested, we can't guess what those other faults might be. Badly grounded dist base plate is unlikely. To check that, with your meter on ohms, put one lead on the plate and one lead on a known good ground. Your meter should peg. If not, this ground is bad. In testing, make sure your leads touch only one thing each at a time and make sure the parts you are touching with the leads are touching nothing else.
Bob