Offsetting the ts will not yield a crank, but a taper.
Make sure your bar stock is large enough to accommodate the part. Turn the journals on both ends, true with each other. Leave a center section large enough to take care of the throw. Now make some tooling. Take a piece of round stock and bore a close fitting hole to slip up on your end journals. Bore this hole offset by the throw you want. You'll want to true up the od and faces. Make it long enough to saw in two, one for each end. Drill and tap some set screw holes to clamp on the end journals. They should be oversized by .100 or so for finishing, btw. Before you saw it in half, mill a flat along the side to give yourself something to indicate on to make sure your timing is right between the two pieces. One of the pieces should have a center drilled hole true the OD. If the throw versus the journal diameter gives an interference problem, make the journal hole shallow enough to leave drilling stock on one end of your tooling. These are called "catheads" in some circles.
Now when you have these two pieces clamped onto the journals, in time with each other, simply chuck and tailstock the fixture and the "lump" you left in the middle when you turned the journals will be running out by the throw amount. Turn this away and you have the crank journal. Go back and finish the end journals after you turn the crank (offset) journal.
There are other ways, but I find that way most interesting. Sort of hard to describe, but it does work.