I just wanted to post a quick update and let you guys know that I found and fixed the problem.....
Long story short, I replaced the alternator with ANOTHER unit from NAPA and the light stayed on. So I started digging around and noticed the the 10 amp fuse marked TRANS was blown in the fuse box. After looking up in the 73' Cadillac shop manual, I started looking at the wires for the trans kick down switch. Turns out, I had a cracked wire coming of the trans kick down off the carb. For now all I did was wrap the wire in electrical tape and replaced the fuse. The GEN light is off and the fuse did not blow.... All is well.
Again, thanks for the quick response. Hopefully, I can return the favor sometime...
