There are two schools of thought for reducing bass in the circuit. (Use one
or the other,
not both.)
1. To reduce lows, Marshall would reduce the cathode capacitor in the preamp section. In the photo below it is marked in green. The original value is 250uF. If you choose this method to reduce lows, try several cap values to have a listen before you commit. Use alligator clips for the tests, then solder in the *best value*.
22uF essentially allows all frequencies through and it shouldn't be a noticeable difference from the 250uF cap. Marshall often used 0.68uF which cuts a lot of lows. Imo, I bet you will land somewhere between 2.2uF and 4.7uF but 10uF is popular as well. (Cap values add when in parallel so a 2.2uF parallel with a 3.3uF = 5.5uF.) (There are only a couple of volts at this location. Typically we see 25v rated caps here, but 5v would be enough. Price may be cheaper for certain voltage ratings.)
2. Fender would reduce lows by reducing the cap values pre and/or post the phase inverter. In the photo below they are marked in white and blue. You might try 500pF to .001uF or so to replace the .022uF (marked with white). You might try 0.022uF to 0.047uF to replace 0.1uF caps (marked in blue). FYI the Showman used 500pF and the Tremolux used .001uF before the phase inverter (cap marked in white) yet maintained the 0.1uF (caps marked in blue) after the PI. Use the same or higher voltage rating as the original caps.
For the bass reduction you have described, I would probably choose #1. OMMV
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