"I thought all mini-lathes used timing belts, not v-belts."
When the original poster said "toothed belt," I figured that was what he was talking about, but then he mentioned he was? getting slippage of V-belts. Other people here were talking about V belts that have tooth profiles cut in the V area to make them more flexible.?
Maybe all of these can be called "toothed belts" casually, but I agree they're entirely different ways of transmitting power.? A V-belt, whether or not it has teeth cut in it, transmits power by pressing against the side of the pulley groove. That's the kind of belt that profits from belt dressings like molasses, honey, etc. A belt with teeth that mate with pulleys that have matching teeth doesn't slip and doesn't need belt dressing.??
I'm still not really sure which kind of belt the lathe in question has, or even if it's a mini-lathe. There are so many small lathes now, being made by companies in China and elsewhere, that it could be anything.?