The idea with the 723 is that if you don't want pre-emphasis, simply turn the de-emphasis ON.
Pre + de = flat response.
If you wish to totally remove the pre-emphasis then find the "Clipper + pre/de-emp" PCB, which is mounted at the rear of
the unit. It's the one that carries the "de-emp" switch that sticks out the back of the unit.
Remove IC U3 and IC U4 (both NE5532).
Find plug H1 - it's the 10 pin plug that comes off this board. Link pins 1 & 2 together, and 9 & 10 together.
Leave the de-emp switch in the OFF position.
This should do what you want.
I have the service manual here, let me know if you want a copy of the diagram for the clipper board.