Purpose of white LED lights inside Wolcott amp.

You use them to bias the amp. If the lights are on, that means the bias is set too high. There should be something you can turn with a small flathead screwdriver near each of the lights. Turn the screws counter clockwise slowly until the light goes out. You want to be right at the point where the light goes out, and no further. You should really do this right away, because if the bias is set too high, you may damage the tubes.

I would recommend using a plastic screw driver as there might be voltages nearby and the metal may also induce a error in the adjustment as well.

Gentlemen,
Thank you for you input.
The lamp came on after I changed the input tubes on that side.
The Wolcott P-120S is a self biasing amp,
so tube bias is something I would not think comes into play.
Also, I do not see an adjustment screw by these lights, only a mounting bar.
What Wocott model do you have?

I can't think of any other reason for a light like you describe. Even more odd is that its not in the manual. Check the amp again and look for any type of adjustment. Sometimes tube amps set their bias up so that 1 adjuster is used for 2 or more tubes (on the same channel). I guess it could be something like a power light. If the led on the other side of the amp is not on, the bulb may be bad.