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curious and very well built belt-drive Polisher/Grinder Mandrel with a double end tapered shaft [thicker in the middle] -- has bronze bushings for both shafts with the addition of two sets of ball thrust bearings under brass grease rings -- mounted on what appears to be a rotating base, and with the spring-loaded caps for the enclosed oilers, I'm guessing this was meant to operate in any position - multi-axis --
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