Re: 70's 9.5 evinrude
If it truly is a 1975 as you say, the it is a 9.9hp, not a 9.5. Totally different animals. The 9.9 has the "Low Tension Magneto" while the 9.5 had the good old "Universal Magneto".
There, now that I've told you all I know about this particular problem, I have to say I've never heard of such a thing. I'm guessing one set of points is way out of adjustment. Just a WAG.
It isn't reeds.
Let us know what you find.