Single phase motor,sitting on CONCRETE ? Try isolating the feet from the concrete floor. Even with pieces of white pine shelving under each foot.
I don't know what the lathe was formerly sitting on,but I had a huge problem when I first got my 1986 Grizzly 16" lathe. It sounded like small parts going down a metal chute,and absolutely knurled anything I tried to cut. Grizzly was about to send me another headstock. But,when I was leveling it up,I was driving thin wedges of oak under the feet. Suddenly the problem totally ceased. I don't know for certain if the lathe just didn't like concrete,or if something under the legs somewhere just wasn't touching. Well,it doesn't have legs. It has a welded 1/4" thick base.
Now it sits upon Mason rubber feet. Runs just fine still.
I know many more lathes sit on concrete than any other type flooring. But,that was my experience. After all,my lathe is not a Monarch. At least my HLVH sits fine ion concrete. Bt,it has 3 feet for support,so it can't have a loose foot vibrating any where.