The idea behind a fuse is to allow the circut to operate normally, but if it starts drawing too much power, shut it off. If the fuse is too small, it will blow when nothing is wrong. I it's too big, it doesn't protect the circuit like it should and you could fry componets or wires.
If there are no problems and everything is working correctly, you could do it by trial and error . . . start with small fuses and keep replacing them with bigger ones a step at a time until they quit blowing . . . but if you have a short, you'll eventually get to a fuse that is no longer the weak link . . . then stuff fries!
I would get a wiring diagram for a late 60's/early 70's bug and look at the size fuses they use for each circuit. This should get yoiu in the ball park.