Re: 1974 Chrysler 75hp PROBLEM!
It doesn't sound like overheating. When an engine stalls due to overheating, it will slow down and "harden" to a stop, no spitting or shaking. Usually, when stalled due to overheating, damage has been done (at least to the head gasket) and future starting may be more difficult. You can usually smell baked paint from stalling due to overheating and smoke may be visible.
You should check your fuel supply. Be absolutely certain that enough fuel is being delivered to the carbs at high speed. Check the usual: Fuel pump diaphragm, fuel lines, primer bulb, quick-connects, and tank.
If you do not have an electronic distributor, check the capacitor inside the dist. (if you have one) If that appears ok, then look under the flywheel at the rear where the wires pass over the block going to the electronics. There is no shrouding there and sometimes during running a wire will bounce up and rub on the underside of the flywheel. When the insulation rubs off, the wire will short and pop the circuit breaker at the base of the terminal board near the starter. Then, you will not be able to start until the breaker cools and resets itself in five or ten minutes.