Learned this one from an old timer.
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Four pieces of drill rods about 2 to 3 inches long, diameter
big enough to be taller than the?ways, but not so big to be cradled by the
ways.
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Two at the headstock, and two at the tailstock, place level on
the rods.
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Reasoning on this is -?older lathes with non-hardened
ways wear on the ways, the use of the drill rods?- is on the flat surface
that has little or no wear.
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Been using it, works for me.
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Carl