Will only crank if the kill switch is on.
I gotta go look but the 72-73 with the pull start is a different animal than all the later push button models.I think the safety relay - start button (lever) - solenoid area still needs some work. I think the brown out of the safety relay should run to the solenoid, not the start button (lever). The brown you show running to the solenoid from the battery should be a heavy black battery cable. The blue/white coming out of the solenoid should run through the start button (lever) to ground. I don't think the solenoid is grounded through it's mount as shown either.
5twins is correct. The power to the coil of the solenoid comes from the safety relay. The coil of the starter solenoid grounds through the switch on the decompressor lever on the handle bars. I am currently putting a new wiring harness on my 72. I have spent the last 2 days getting very familiar with the wiring on this bike. Will post on my resurrection thread Friday problems I found with the replacement harness.I gotta go look but the 72-73 with the pull start is a different animal than all the later push button models.