Not TOTALLY true (I'm being pedantic...), my '53 Buick doesn't have any rear axle vent.
I figured this out after I had it rebuilt and it blew out the pumpkin gasket. Apparently, the old seals were felt, and they must have let enough pressure by that Buick got by without a vent. I am now running a vent tube through a brake bleeder screwed into one of the back cover bolt holes (which is open). I put an inline fuel filter at the end and now it's vented.
Just thought I'd share a weird story...carry on! :)