Hi, Tom,
The high/low charge switch was only factory fitted to the early 175s which had the half-engine speed generator (although it was available as a spare part for all models).
All it does is to switch in the third phase of the generator output when in "high" position. This is normally switched in automatically within the ignition switch when the lights are on and during daytime running the generator only uses two phases. The charge switch was intended to boost charge during daylight running in cases where the battery was running down due to low speed riding.
I've actually done the same job on my late model Dual Twin by connecting together the Brown wire and the White wire going to the back of the ignition switch. This leaves the third generator phase permanently in circuit. The only downside is if you do a lot of high speed running, you could end up boiling the battery, but in normal use it doesn;'t appear to be a problem - and the battery doesn't discharge so often.
Graham