That should work with the right component values. You might need a more negative raw bias. I have done this (not in Fender amp) using a separate power transformer providing 120VAC to the rectifier to get about minus 175V raw bias. I used a 12BZ7 not a 12BH7 though.
Take a look at this old Heathkit schematic. The bias is way more complex than you need but this how it was done in the '50s, with a 12BH7 and 6550s.
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