Re: 1973 115 johnson lack of power almost all of the time under load
Been like this since you got it, or is this a recent development?
What recent maintenance has been done on this motor?
Back to basics:
Compression test.
Spark test (not a "spark plug" test): get an inline spark tester (couple bucks at autozone), set the gap for 7/16", clip it to the engine block, attach the plug leads (one at a time) and look for a strong blue spark while cranking. If it can't jump a half-inch gap in the open air without a spark plug, it's not firing in the hole under heat & compression.
Report your results.
Spark plugs in good condition? Are they the correct Champion plug correctly gapped?
Throttle valves parallel?
Choke plates open except when choke is engaged?
Fuel fresh?
Tank free of water/debris?
Fuel line holding pressure?
Tank vent open and clear?