Tailshaft bushing removal/install

Thank you. I know the oil hole alignment. I have a very similar looking tool that I fabricated from 1/2” rebar to remove hood springs on my 1950 Chevy.
When you say pry it up ? Do you mean you have to pry it up from the yoke end, before you can push it out from larger end of the case in order to remove it ?
I was thinking I could just tap it out from the larger end of the case with maybe 2 long 1/4” ratchet extensions attached together for a far reach. Or the tool I have similar to yours. Is there a lip somewhere on the yoke end of the housing that requires lifting the bushing as you explained ? My tail housing is about to come off. The next time I go at it and remove the bearing clip.

The bushing is just a tube, so what I meant was to start folding it in on itself at the seam in the bushing.
The seam will give and the bushing will slide out mostly intact instead of having to cut all the way down through it.
I always stood the housing with the small end up and knock it down till it falls out and onto whatever surface I am working on.