my shaft is too long. take a look at it

Ok,that's what I thought. So, without the standpipe the pump needs to fill the filter before anything goes to the engine?
Now part 2 of my question. On a '75, I am 'assuming' I have the shorter standpipe. Is there any issue having the shorter pipe with the longer filter? Is it still waiting for half of the filter to fill with oil on start-up? Or will it start to push out what's there immediately?

It will only drain until the top of the tube is exposed, then it will stop. I don't see a problem with it.