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Just a curious little insert in a wire under the dash, red/orange wire on the lighting (mainly) plug a voltage regulator or restrictor. I thought it was the fog lamp wire at first but its not.
That's a diode; a one-way valve for electric current.
On Series III cars red/orange is part of the license lamp/marker lamp circuit. I suspect the same for a Series II. Not sure why a diode would be there. I suspect part of an alarm installation?
I believe the gauges supplied by the regulated 10V DC are the Oil pressure, Coolant Temperature and perhaps the Fuel tank gauge. The Voltmeter I think is from battery/Alternator supply. That would give you the 3 leads needed. I cannot be certain, as my S57 diagrams does not show any sign of a 10V regulator, but it makes sense to have a constant regulated voltage feeding those 3 particular gauges.