My grandfather was a blacksmith and had one of those drills. When they
tore his shop down the drill press became part of our garage. As kids
we did many projects with that drill press.
As I remember is was similar to this one
As I remember with the gearing it would make a hole as fast as an
electric drill. The little dog of the top wheel would automatically
move the bit down as you turned the crank.
Not to be contrary but the Post Drill was more of a Machinist drill used
by Black smiths and other metal working applications.
Here is an example of a drill used in timber frame construction. As we
do today to make a mortise. You drill several holes and then cut out
the material between the holes to make the mortise.
There are more examples of both drills in the internet.
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