Christian:
The lathe I work on is probably just as old as the one you have. It was givien to me years ago, after a Grand-uncle passed away. He had a shop full of old tools, and his widow wanted all the equipment ot go to relatives rather than sell it at a junk sale, give it away or just junk it.
He was a really interesting guy, he was born premature, and the doctors never expected him to live long at all. He proved them all wrong...and lived to be 83. He never had much 'book learning' whick for me made him that much more amazing. When I saw all the tools he made himself, you realize that he made do with what he had...it all just makes you appreciate what you have.
The lathe has an ancient motor that was canabalized from some house applience, the tailstock likes to bind, the headstock has the wrong threads, and if you try to make a thick cut the motor shakes the entire lathe...but it makes chips.
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