You can. If R8, the shank will only go about an inch (edit: 1.2") into the 1" collet before it hits the step. That is no real issue, because all the clamping gets done in the last 1" anyway. Short shanks (1 to 1-1/4" long) make for easy tool changing, and with no down side.Why can't you use the straight shank in a 1" endmill holder ?
My R8 set goes to 1", but for only 1.2" deep into the collet. All the clamping on a R8 collet is near the nose end.Try my suggestion I hey you get it out.
Max R8 collet is 7/8", no?