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I agree with everyone else....they're a really useful machine, cheap tooling, fun to watch em peel off big chips. I'm no expert but if you look for one, especially a larger one, try and find a newer one they had some improvements. My 20" g&e (pat. 1913) doesn't have any kind of clutch and there isn't an oil reservoir in the bull get compartment so no pressure lube. And no power feed on the vertical axis which I think the later ones had. I'm sure I could've got a later one with the improvements when we got this one-for not much more $ if any. Back then they went for scrap price. But we didn't know much about em and there was no hobby machinist forum to get questions answered lol. Just a couple things to think about.
My first job in the shop was running a big shaper with cross and down feed. First needed tool was shaper parallels cost a fortuune like $10.00 in 1961. One could hog of .500 + 1/4 inch feed per cut if you could hold it in the vice. One day the boss came out of the office said" look here guys this is called a Future Mill" within a few months the shaper had cobb weds on it. Sad times. Tom BellWe used to have a shaper at work. Forgot how much I loved running it. Their not real fast, but they sure are versatile. Plus they save a fortune on tooling. Just good old hss or cobalt tools is all ya need. We used to cut keyways, dovetails, long tapers,etc. It was a mechanical marvel to watch it run.