Hi, Jim,
Make a collar from, say, 1"x1/8" mild steel stock that fits around the top of the column. Use a thumbscrew to tighten it so you can swing it round if you need to. Attach a length of bike chain to the collar. Weld/braze/silver solder a derailleur sprocket to a shaft. Make up a yoke that attaches to the drill table. Mount the sprocket inside the yoke. Pin a crank or handwheel to the end of the shaft.
The tidiest way would be with the chain lying flat against the column but you might have to extend the sprocket shaft a ways in order to clear the table or clamp. Alternatively, hang the chain with the rivets radial to the column and mount your yoke to the side of the table clamp. You'll need a guide inside the yoke to hold the chain against the sprocket, and a smooth outflow so the chain doesn't hang up when you're lowering the table.
Good luck!
Nemo
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