So, I'm assuming that this is the Marshall jack-plate that doesnt have the switch. Just two 1/4" input jacks, one says "Mono 8 ohms" (or something similar over the left input jack [which is on the right when looking at the jack]). Says "16 ohms" under each, individual jack. Is this the one? If so ... That cabinet, if it's all original, should have 2 x 16 ohm speakers.
If you plug into the "Mono 8 ohm" jack, both speakers are in parallel for an 8 ohm load. Both speakers will play. The amp selector should be set for 8 ohms.
The way that plate works is that the jack labeled as the right input jack (the one that doesnt say "mono") is a switched jack. When you plug into that jack, it effectively disconnects the two speakers from each other so you have two, separate 16 ohm speakers. When nothing is plugged into that jack, and you only plug into the jack that says "mono 8 ohms" above it, the two 16 ohm speakers are in parallel for an 8 ohm load.
You can plug into that "right input" jack if you only want to run that one speaker, but, it will be a 16 ohm load so the amp should be set to 16 ohm if you do that.
You can also plug a dummy plug into that "right input" jack and then plug the amp into the "left input" / "mono input 8 ohm" jack and again have a single speaker (the left speaker) running at 16 ohms. I only mention that in case there are two different speakers in the cabinet and you want to use one OR the other.
So, essentially, you can run either the left or right speaker (separately) at 16 ohms. Both speakers seperately, in stereo, for 16 ohms each side. Or, both speakers in parallel, mono, at 8 ohms. Just depends how/where you plug in.
Make sense?