I just read through this thread and it seems there is some confusion (or maybe it is me that is confused). The block located on the rearend is merely a Tee, it is connected to the rear hard brake line via a rubber line, it then splits the rear brake line into 2, one for each rear brake. There isn't anything inside of it. It is held to the rearend by the rearend vent.
Under the master cylinder you have or can have a variety of valves or blocks depending on year and brake system. However, for Mopars is comes down to basically 2 or 3, you will have a combination valve (aka proportioning valve), a metering valve and/or a distribution valve. Generally speaking, the metering valve is found on cars with drum/disc set ups, it is designed to reduce the potential for the rear brakes to lock up before the front. However, later cars (72 ish) incorporated this feature into the P valve, thus calling it a combination valve. The distribution valve merely directly fluid to multiple locations (exactly like the block on the rearend).
In the combination valve (Proportioning valve) it might be possible that the actual valve inside is stuck in one direction or the other which will reduce or eliminate fluid getting to the blocked off side (circuit). I had this happen on my Cuda and ended up replacing it with one designed for a disc/disc setup which is what I am running. I am doing this right not for a 69 Plymouth station wagon as well.