Not sure what the loose wires represent without voltage testing - but you do have some form of period electronic ignition pack clipped to the coil .. designed (in some cases - optimistically) to boost ignition spark and to increase the life of the contact breakers by allowing them to be a switch without loading and hence erosion - typically a mob called Sparkrite used to sell something similar. It may be that that is what has failed . Disconnect all the wires from the coil and remove the unit completely from the coil It is possible to establish a spark again if the coil is still sound by cleaning the points (if the above is the case and they are still fitted ) and checking if the points capacitor ( known sometimes as the 'condenser')is present and is wired in and then ensuring the single lead from the distributor is then connected to the negative/contact breaker connection on the coil while takinga connection from the other connection on the coil to the positive pole on the battery . If you then flick the points open from shut then you should see some sparking at the points indicating a proper circuit . Disconnect the small cylindrical component attached to one of the coil bolts as that is a suppressor designed to reduce ignition generated interference on a car radio and has nothing to do with your immediate problem but is best to isolate in case of any failure . After all this messing around - remove a plug and check for a spark after replacing distributor cap and rotor arm into position .. Note that should this start the car ,, you will only stop it by stalling it or disconnecting the coil feed to the battery .. If the above confuses ,, pm me