BTW. Your system is quite a bit different than the AC system on a ~1978-newer car.
Your AC uses what's called a POA valve (being a 68, it could be an STV), along with an Expansion Valve and a receiver/dryer. It's an excellent system that would put simpler, modern systems to shame. Properly repaired, it will still outperform all but the newest vehicle AC systems.:yes:
Look around here on TC and on other GM related forums for posts about pre-1972 AC systems. There's a ton of good info about testing and repairing your POA/TXV (Frigidaire-Harrison) system.
Another excellent source of information, especially if you are unfamiliar with AC in general, is
www.autoacforum.com . It's a Newbie/DIY friendly forum that is sponsored by ACKits.com. Many of the regular posters are AC professionals. There is also a bunch of really good, POA/TXV system specific info in the Procedures, Tips and FAQ section. (it's a bit unorganized, so the search function is your friend).
AC systems are about the most misunderstood systems in any vehicle, second only to Electrical systems, IMHO. However, with a little knowledge and access to some, albeit expensive, special tools they are probably the easiest to repair. You usually don't even need a jack and the special tools are often available for rental.
Hope this helps, at least a little.