mel, a mc49 crank is the direct substitution for a saw crank with the rooler bearing stub shaft.
as to whether you should do this conversion i'd say no.
steve w. is absolutely correct about how you can mount your motor and get the required clearance.
if you ask nicely i'm sure he'd post pix of what to do.
Steve m., is of track about tapered cranks in saws.
the standard saws with the mc49 stroke spec did away with tapered cranks early on and went exclusively with stub cranks.
and mc10 clones aren't even in the same discussion as mc standard saws conversions.
no shade on steve on this , saw interchangability s a complicated subject that i happen to know a little about.
we had a ton of info but i made the mistake of posting it on two sites that later went away.
redoing this info takes time.
to answer your question.
there are mcculloch saws with tapered cranks some even are found in mc250's.
the issue is they have pto BALL bearings not roller bearing.
mcculloch did away with pto roller bearings on tapered saw cranks about the same time they shifted to stub cranks on the pto roller bearing equipped saws.
so your options are
replace the saw crank with a mc49 crank and use any mcculloch tapered clutch
you can get an extension shaft and use a straight bore clutch either inboard or outboard clutch (outboard clutch not advised)
you can use jim's excellent max torque inboard clutch made for stub shafts , modify your mounting ideas and forget about the clutch