To avoid further polluting kurplop's rather magnificent Planet 6 thread, I thought I'd pull this out to it's own thread.
So, I have a milling attachment for my lathe. It looks like this.
The milling spindle has a morse taper 1 toolholder. It looks like this.
I could do with a cross drilling attachment, so I figured I'd make myself a morse taper 1 chuck holder for the little makita chuck I have lying about. Or, even better, make myself some morse taper 1 collets for holding drills and / or endmills directly.
We start from a piece of horrible rusty steel rod, around 20mm diameter. This is steel "a ferrer les ânes" (only good for making horseshoes for donkeys), but it's OK as a test piece.
Chuck it up in the 3 jaw, centre drill it.
Turning with a tailstock centre is not the easiest thing to do with my lathe, as the lever carriage interferes with the workpiece and / or tailstock. So we push the tool out as far as we can go, and take rough cuts, accepting that tool chatter is going to result in a horrible surface. This way, I turn down the tailstock end to 16mm, in order to be able to put it in a collet. We're done with the 3 jaw now, and good thing too. Horrible bloody thing.
Mount the piece in a collet, face and centre drill the other end 5.5mm for threading M6.
Skim off all the rusty crap. Nasty cut, go fast, hog it all off we don't care about the result. Turn down 20mm or so of the end to 8mm diameter. Go carefully, it's not supported.
Set compound to ~1°30', chuck up existing toolholder, adjust compound angle to the correct 1°26' or so. Should really have done this with my dial indicator, but that's a bastard to set up, so I eyeballed it. Bad me.
Cut taper. Initial cuts can be rough, but get careful near the end with fine passes, around a tenth of a millimetre depth for the final cuts, with the tool extended and the tail in a centre.
Sling an M6 tapered tap in the tailstock, do a first cut on the interior thread.
By hand, my lathe has no brake. With the thread mainly cut, follow up with an M6 blind hole tap to get all the way to the bottom.
Check for fit - Yay. Dropped in, needs a tap from the rubber mallet to remove it.
This will almost certainly become a 6.8mm collet (tapping drill size for M8), if nothing else because I didn't turn down the stub at the end to the right diameter for a chuck thread. Shorten, drill through 6.8mm, slit and harden. We'll see.