The switch provides power to 2 seperate circuits on my 65. 12 volts comes from the igniton switch. The switch then provides power out (12 volts) to one of the 2 wires going to the blower. One high speed, one low speed. The ground is provided at the motor.
Mine is diffenrent from the 66 style and up that use a blower resistor. On this type 12 volts goes to the blower motor, then to the switch that sends it to the blower resistor, then to ground.
John