This section is from the book "Handy Man's Workshop And Laboratory", by A. Russell Bond. Also available from Amazon: Handy Man's Workshop And Laboratory.
Next to the lathe in importance comes the drill-press. While it does not cost nearly as much as a lathe, still its price would put a large hole in the average amateur's capital. Below is the description of a small drill-press made by the writer out of a cheap breast drill.
The breast drill A (Fig. 55) is fastened to a block B of 1-inch pine with two iron bands. The block in turn is fastened to a heavy round pule D, such as portieres are hung on, about 5 feet long, with 2-inch screws. This pole runs through two guides CC, which have holes bored in them to receive it. In order to prevent the pole from turning, a 1/2-inch dowel pin is split in two, and one half is fastened to the pole, as indicated at D.

Fig. 55 - The handy man's drill-press.
The hole in each guide C for the dowel to slide in is bored before the larger hole is cut and has its center on the circumference of the large hole. The guides CC are strongly braced to keep the drill true. The face plate E is made of a pine block 1 1/2 inch thick.
The drill is held down to its work by pressing on the pedal F. This pedal is hinged to the wall. It is connected to the top of the drill part by a rope G, which runs through two pulleys, as indicated in the illustration.
The drill-press, breast drill and all, was built for about two dollars and gave very good service.
 
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