Welcome aboard.
Under Documents of this site you will find the Mercruiser manual for your engine. I’m assuming that year has the 7.4L. The manual contains the wiring diagram. The ignition switch should have 3 terminals; B for battery 12 V, I for ignition which powers the gauges and ignition system, S for start that provides power to close the slave soleniod.
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1997 Silverton 362, 7.4 Crusaders
1997 2400 SCR, 5.7 Vortec / Bravo 2
Mike
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