I'm with T836, I have seen water in some forks from a leaking fork seal. The 69-72 front ends are more prone to "stiction" that later years. Dont be suprised if you have to change the seal. Also, if there is rust spots around the seals, they will leak again. If you run the rubber gaiters, you can use JB Weld to fill ( and sand) the pits as a temp fix. The gaiters will hide the JB Weld fix, if you care.

Confucious say: Man who lay woman on ground gets piece on earth.