Buckaroo,
I just finished this same operation on my '44 Chevy 1 1/2 ton. took me about 8 hours, for what should be a two hour job. But then, that's how ALL my projects go!
So take this advice with a grain of salt. I don't know your truck at all, but I am ASSUMING that it's like mine . . . the mast bearing is a sort of plug and flat ring type assembly which sits inside the steering column, separated from the column by some sort of thin insulator.
1st, I'd say read the tech tip from this site about this process for a 41 - 47 Chev. I know it's not your truck, but it may prove insiteful. Also, maybe do a search under "Horn" on this site.
2nd, I found a diagram for my steering column in the Chevs of the 40s catalog, and it was invaluable. You probably wont find a picture of the mast bearing in the service manual, which is frustrating.
3rd, what finally worked for me, was this. First, I committed to absolutely destroying the old bearing to get it out, hopefully without damaging the column. So, being careful not to damage the inside shaft, I used an old drill bit to drill a hole down between the central shaft and the outer column. 2nd, I used a hammer and small flat head screw driver as a wedge all the way around the column, between the top of the column and the insulator of the bearing. 3rd, I found in my local hardware store a group of three tools called, I think, "PROBES." They sorta look like dentists' tools, different style hooks, etc. By GRADUALLY working with the various probes and a small screw driver, I was able to finally pry the &^*!-thing out. Then I stomped on it, cursed at it, burned it, and called it names for the trouble it caused me!
As for the new wire, I used some stiff-coated wire from Radio-Shack I had (don't remember the guage) and fished it UP the column from the hole in the bottom. Take it very slow, and if it snags, try wiggleing the shaft to help it free up(THAT sounds obscene!). Once it's through, attach the old wire, and carefully pull it back through.
Now that you've read this whole post, I should probably tell you, when I finished, I had done too good a job – the *^%! horn went off every time I turned right! Finally got it worked out though.
Best of luck, and I really hope this helps.
-Michael