It would take a lot of force to crack a frame tube, that looks more like an overlooked fatigue crack or a previously weakened area that was just ready to let go. Is that a dent in the tube from accident damage? It could be the source of the original misalignment.
The bad news is that beautiful cosmetic skin deep finish has a minor blemish.
The good news is a welded frame is easy to fix, and with that tube floating, realigning the major frame tubes will be easy. I'd go with Musky's sound advice and check every tube and joint, particularly the front down tubes, and if serious spreading the tubes is required, spread the force rather than use point areas of contact to avoid deforming the tubes. Threaded bar through the engine mount lugs can hold the frame tubes aligned for welding. Also when all is back together it will be unseen, only you will know....
A quick measure on a '54 frame for the top front mount lugs shows the inner faces 89mm apart. For the lowers its 100mm. Not saying this is gospel, but that's how my bare frame stacks up. Lower mounts have a small spacer 42 4071 each side to accommodate the outward flare of the front down tubes compared to the vertical faces of the front engine mounting plates. There should be spacer tubes welded into one of the front mounts.
Better to find the problem in the workshop than on the highway.
Swarfy.
Additional.. I'll be looking closely at that tube on my frame !
Additional...89mm quoted is not correct for an undamaged/unmolested frame. See my later post.