If one of the LED's on one of the small boards doesn't light up, you will not have proper voltages.
Either terminal 1 or terminal 5 will not have the correct voltage.
I'd say 1 out of 1000 times, the LED is the issue, generally it is another cause that is indicated by whether the voltages at terminal 1/5 are excessively high, or 0.
If you have 70V at terminal 20, this is a separate issue that should have presented itself before installing the Speedball.
Terminal 20 is (eventually) wired to the chassis, which is where you have your black meter probe. So if you have 70V there, you have a bad ground connection somewhere.