David,
In your current set up, take your voltmeter and measure between the White wire (common) and the Red wire and see what you get.
You should get 120 if you have a 120 volt 2-speed pump, or 240, if you have a 240 volt 2-speed pump.
Then measure between the White wire and the Black wire and you should get zero volts. This is because whatever is switching your pump to high speed is not working, or at least not switched to high speed.
If it were working, when you switched to high speed, the Black wire would have voltage and the Red wire would not. You can NEVER have voltage to both the Low speed input and the High speed input at the sametime.. Unless you like a lot of smoke..
Please let me know what you get.
Thanks,
Jim R.