It is somewhat the same, but only when the pot is full up. This specific technique is all about faking a linear pot into a log taper.
What is the circuit in question?
Ways to lower gain:
1. Add a resistor to the top of the 1M pot, to set an upper limit on the output available. It seems you tried this already. Does not change the gain of the stage itself, only the output signal level.
2. Use a split plate-load, which also reduces output signal. Does not change the gain of the stage itself, only the output signal level.
3. Use a smaller valued resistor/pot in place of the 1M. This reduces the gain of the previous stage by loading.
4. Remove cathode bypass cap of the previous stage (if present). Will reduce an average stage's gain by 1/2.
5. Change plate and/or cathode resistor values to achieve less gain and/or less output and/or more/less output before distortion. Requires an analysis of the original stage values to determine how to alter the values to arrive at the desired result.
6. Change plate and/or supply voltage. Will change output signal strength, possibly also output before distortion and/or nature of distortion. How to change depends on specific original circuit and desired result.
7. Change the tube to a lower-mu tube. May require additional changes to plate/cathode resistors to arrive at a suitably-performing stage.
8. Add NFB to the stage. Different from local NFB due to an unbypassed cathode resistor. Requires addition of a cap and resistor, possibly an addition of/change to a series grid resistor. Gain can range from 1 to full normal stage gain.
9. Any combination of several of these techniques.
And there are other ways as well.
Are you trying to reduce the output signal of the stage to prevent/limit overdriving of the subsequent stage, reduce the distortion within the preceeding stage, or ???