If you look at the list of forums on Practical Machinist you will come across one called Monarch. Monarch built more 10 EE lathes than any other model and many of them survive. The Monarch forum is 10 EE heavy and that's a good thing for you. All of of your questions have been answered there, many of them repeatably, you can find them with search engines.
I could go through a long list of must and should do's here but it will be lost to future folks seeking the same information if posted in this, the General forum. Ask your questions there and there will be plenty of help.
Did you survey, find and repair all problems?
The first points to cover are lubrication, lubrication, lubrication. The carriage lubrication system needs special attention as does the headstock, tailstock and everything else. All new wipers everywhere and lubrication of the ELSR system too. Likely the feedrod and leadscrew end support bearings have old hardened grease that needs replacement. It's 60 years old and tarted up, it needs attention to details other than appearance. Survey the machine for flaws, repair them or learn to live with them. Hope you attended to all of this before the paint job, that is the very last step in a good approach.
If you've addressed all of these matters just ignore this.
The quickest damage you can do is by crashing it, don't do that. It is quite easy to do if inexperienced.
BTW, the chuck key does not go in the dauber well in the tailstock, ever.
Hi guys,
