1940 Ford Gas tank Fuel Outlet fitting pick up Question

[19Fordy]

I would like to know the location and configuration of the fuel pick up tube
(if there is one) for a 1940 Ford stock gas tank. Is there a tube inside the tank that bends down towards the bottom of the tank? Does the pictorial below show the correct placement of the fitting on the back of the tank? Being so high up, I assume it uses a pick up tube.

Wouldn't it be better if the fuel fitting was located lower down closer to the tank bottom?Thanks. Jim