I got this as part of an auction lot, and I can’t identify it’s purpose. It’s like a lathe cross slide with the addition of a bevel gear in the middle that rotates the perpendicular post in time with the lead screw. When the lead screw handle is turned once, the slide advances and the post/shaft makes one rotation. The collar graduations show linear travel (0.125” per rotation). The reference line on the collar is located such that I think the post would be pointing away from the operator. Any guesses?