Re: 1950's Speaker Connection Plug
They're "Wander plugs".
Now alas extinct as a new-purchase, but a trawl of the usual online auction-sites will no doubt come up trumps.
The most-popular brand making these was 'Clix'.
In your case, try fitting something like a knife-blade into the gap between the two 'legs' of the plug-part, then unscrewing the plastic body. if you're lucky it will unscrew and then you can fit a new wire. If you're unlucky the plastic part will have become brittle with age and will crunble/split when you try to un-screw it.
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