First thing: is this the ORIGINAL RADIO for the car? I ask this for good reason. There were two ways of wiring the fader controls for these Birds, and I can tel you, Lincolns did the same darned thing. How just a couple wires can make for such a confusing mess is unbelievable, but they've done it.
Speaker wiring number one: This was used on all 64 radios, and 65 AM/FM. I'm not 100% certain if they offered a fader-type AM radio for 65, but I can tell you the 65 and 66 AM radios are the same model. The plug has one male pin and three femake pins. The male pin is ground, and the pin next to it is radio output. So if you have a single dash speaker with a 2 pin connector, plug it in and it will work, and the fader control does nothing. The next twp ins go to either ned of the fader control, with the wiper of that control grounded. With a 2 speaker system, forget the ground pin. The output pin goes to both speakers. the negative side of each speaker goes to the two other pins, si that either speaker has resistance to ground, allowing adjustment.
With me so far?
On the 66 AM/FM it's done differently. Yes indeed. The connector is the same, the first two pins are the same, but the other two are different. It is a convoluted confusing arrangement where the fader control is grounded on one end, and the wiper adjusts the midpoint between the two speakers. I've got an illustration around here somewhere, but let's just say it's confusing and incompatible. If you connect the wrong radio to the wrong car, the fader won't work properly.
Did the 66 have one wiring harmess for an AM fader set, or did it exist at all, and another
wiring harness for an AM/FM set? I can't tell you. But maybe the first thing to do here is check the radio to make sure you have the right set. The 65 is model TOB5TBS, and has a single power transistor on the right side of the set. The 66 is a TOB6TBS and has two power transistors on the right side. If you're putting a 65 radio in a 66 car, the fader will not work properly.