you do realize over the last 80 years, there have been about 12 majorly different mercury 50hp motor designs if you have an early Merc, the bolt pattern on the clamp is different than the later ones. the bolt pattern is now a standard.
however you can bolt anything you want on the back if you have to redrill holes, seal up the old ones and redrill.
going to guess since the boat is a 1974, that the motor is about a 1974. the BIA bolt pattern that was standardized in the mid 80's was modeled after the Johny-Rudes. so if you want to make it easy for you bolt wise and control wise, replace your mid 70's Merc with a mid 70's to early 80's merc