This section is from the book "Practical Hints For Furniture Men", by John Phin. Also available from Amazon: Hints And Practical Information For Cabinet-Makers, Upholsterers, And Furniture Men.
The quality of the steel should be uniform throughout; indeed, it is always better to have them tempered rather too hard than soft, for use will reduce the temper. If at any time it is necessary to perform the operation yourself, the best method is to melt a sufficient quantity of lead to immerse the cutting part of the tool in. Having previously brightened its surface, plunge in into the melted lead for a few minutes, till it gets sufficiently hot to melt a candle, with which rub its surface; then plunge it in again, and keep it there till the steel assumes a straw colour; but be careful not to let it turn blue. When that is the case, take it out, rub it again with the tallow, and let it cool. If it should be too soft, wipe the grease off, repeat the process without the tallow; and, when it is sufficiently hot, plunge it into cold spring-water, or water and vinegar mixed. By a proper attention to these directions, and a little practice, every workman will have it in his power to give a proper temper to the tools he may use. If a saw is too hard, it may be tempered by the same means; but as it would be not only expensive, but in many cases, impossible to do it at home, a plumber's shop is mostly at hand, where the process may be repeated when they are melting a pot of lead. But here observe that the temper necessary is different to other cutting tools: you must wait till the steel just begins to turn blue, which is a temper that will give it more elasticity, and, at the same time, sufficient hardness.
A communication to the English Mechanic, says: "Mercury is the best liquid for hardening steel cutting tools The best steel, when forged into shape and hardened in mercury, will cut almost anything. I have seen articles made from ordinary steel which have been hardened and tempered to a deep straw color, turned with comparative ease with cutting tools from good tool steel, hardened in mercury."
 
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