Nice tractor you have,I hope it gives you service equal to we had from 4020s. i loved those old Deeres so that I kept one which wound up a barn princess for lack of jobs fitting it.
Let's see if we can locate this short circuit. If your meter has overcurrent protection when set to amps,put it in series. This can be done accross blown fuse terminals,main fuse block supply wire or remove either battery cable and put amp meter between cable and post. If amps trigger overcurent protection or if your meter doesn't have that feature,simple put test light in series for now and we can make provissions for amp meter later if needed. Light will glow or meter will register amps. It's simple a process of disconnecting devices one at a time untll amp meter drops to less than 1 amp or light dim's. Since you suspect key switch,try and locate wire supplying power to switch and disconnect it. If fuse was blowing with key in off position,I seriously doubt the problem is in switch. If fuse was blowing only when switch on,turn key on while running above tests. If light flickers or meter reading fluctayes as wires and connectors are moved,look for insulation missing from a wire/connector. If problem isn't appearant by now and test light is being used,we need to regroup and work meter in. I should have asked about overcurrent protection before we started but you can let me know about that as well as max amp reading capacity of meter. Break time,update and/or ask questions as you please.