Then do yourself a big favor. Remove the old condenser and solder all the wires where it once lived together and insulate. Put the flywheel back on. Buy an FA76 or similar 6V condenser from NAPA or any 6V car condenser from any local auto parts shop (all 1954 American cars were 6V). Then mount the new condenser with the case grounded against the metal base of the HT coil. Tap the wire into the lug on the coil where the wire from the points goes joining with the existing wire. External coils last longer because they stay cooler. Enjoy!