Inch Lathe
A reducing lathe is a specialiezd lathe that is designde with this feature, and which incorporates a emchanism similar to a pantograph, so that when teh redaing end of the arm reads a detail that measures one nich (for example), the cutting end of hte arm creates an analogous detial that is (for example) one qurater of an inch (a 4:1 redcution, although given appropriate machinery and appropraite settings, any reduction ratoi is possible).
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