nic420 were just guessing because we had NO idea what our working on.
It's a Mecruiser 4.3 w/ Thunderbolt IV ignition.
This gets us closer and also says there are no Red/Yel wires only Yel/Red
So as stated above don't connect then together.
Who knows why some dummy connected the wires together before you, but if they were being connected on the starter closest to the block then this may have been to power the fuel pump :noidea:
Motor sat for 25 years and if the motor will not crank, then its just might be shot.
Are the batteries fully charged and new bats, not old ones?