The S&W 1917 is just a variant of the S&W Hand Ejector 2nd Model. The HE-2 was made in .45 LC as a factory offering in fairly small quantities, Specimens in .44 Special are more common.
Factory SAAMI pressures for the .45 ACP cartridge are in the 16,000 psi range as compared to about 13,000 psi for smokeless loadings in the .45 LC so there really is no pressure issue here. The 1917 is a big N-frame revolver and strong enough to handle pressures well in excess of the .45 ACP cartridge.
The 1917 had headspace shoulders built into the cylinder that prevent the .45 LC round from fully entering the chambers. It would therefore be impossible to close the cylinder. The .45 Auto Rim cartridge (which is just a .45 ACP case with a rim added) was created to get around the necessity of using moon clips. If you look at the rim thickness of the .45 LC case and compare it to the thickness of the .45 AR case you will see that the the .45 AR has a much thicker rim. So, even if you could stuff a .45 LC case into the cylinder and get it to close the firing pin would probably not protrude far enough to strike the primer hard enough to fire the round.
The Colt 1917 revolver was a variant of the New Service series and it is much easier to find a New Service in the .45 LC chambering than a HE-2 in .45 LC. Because Colt developed the .45 LC round and S&W developed the .44 S&W Special, the two companies tended to stress production of guns in the calibers that bear their name.
-Zimms