no, because the top of the tube is clamped against the underside of the top surface of the frame rail which only has a 3/8 hole. the tube is bigger than 3/8. although your way should be perfectly fine if you were to for example side step the clutch pedal (if using a manual trans') the torque could move the tube elongating the hole in the top of the frame. welding the tube would of course eliminate any possible issues.