This section is from the book "An Elementary Outline Of Mechanical Processes", by G. W. Danforth. Also available from Amazon: An elementary outline of mechanical processes.
This designation is given to the pattern-shop lathe for turning large work.
It embodies the same features as the small lathe, and is operated in the same way. Hand tools may be used for cutting, or a heavier tool may be clamped in the tool post which holds the bar of the hand-tool holder shown in Fig. 100.
Most large lathes are equipped with a movable tool carriage in place of the tool-rest holder, which moves by hand or by power feed along the lathe bed. The view in Fig. 100 shows the upper part of a carriage of a large lathe.

Fig. 100. - Tool Holder.
 
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