Howdy back Blaze and All:
The Load-O-Matic (LoM) distributor is easy to ID. And it does only have one vacuum line from the carb. If you remove the distributor cap you will see two springs fairly close together near the six o'clock position. To operate as designed the carb will have a Spark Control Valve, which sends a specifically modified load sensitive vacuum signal to the distributor. There is a sticky at the top of this forum describing the function of the SCV and the LoM distributors function.
A '75 distributor could have been the last of the point type, with both vacuum and centrifugal advance, or the 1st generation of the Dura Spark, pointless distributors. Many of the early '70s points distributors had both vacuum advance and a vacuum retard function, which had two vacuum lines to the distributor vacuum cannister.
Do you know the history of how this '75 head came to be on your '68 block? There are several issues that will effect the engines compression ratio. When the head was changed, what head gasket was used. The factory put it together, both is '68 & '75, with a .025" steel shim gasket, which are no longer easily available. Replacement gaskets measure about .050" thick. The other issue is the increased volume of the later combustion chambers. The '75 head will measure 62 ccs as compared to 52cc for the '68 head. Finally, when a head is swapped it is usually given a valve job which may have included a mill cut to true the mating surfaces. If this was done, how much was removed? Short of knowing the history, until the head is removed and the chambers measured, it is only guessing.
Assuming a chamber size of 62 ccs, a gasket thickness of .050", and stock 48 state dished pistons, your CR will be about 7.6:1. Stock, a '68 200 was rated at 8.8:1.
Now, back to your carb situation. From your discription of the two dashpots (Only one is a dashpot, the other is the accelerator pump) It sounds like an 1100. Is there a SCV? 1st, verify what carb you have. Is it compatible with the distributor? What type of linkage are you using?
If you already have a '65 shop manual, and you should given the work you've already done, look up the carb section and compare visually.
Keep the info coming.
Adios, David