Thanks for posting this. I like all efforts or projects to repair, restore, improve, or usefully adapt old manufactured or hand-made tools and implements. (Also, useful devices and machines, too.) Value was added to the raw materials and components when these things were originally made. To bury them in landfills, leave them lying unused and rusting or rotting in lots or old barns, or melt them back down into raw steel (or whatever) is a loss... why not continue to reap value from them by restoring and using them?
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Good job, BTW! I'm sure the original owner, heck, and the guys who made it, would be happy to know you have treated it so kindly. Some of my favorite tools once belonged to relatives, and I think of them sometimes when I am using a particular one. Good luck to you! Best, TM