OK - thanks for that. I have a test bar with MT2 on one end, and MT3 on the other. I will be checking them out tomorrow.
Two lathes, one 9A is I believe 1947, or nearby, and the other is unknown. That one is a South Bend 9C with no serial marking in the place you would expect. I am told that South Bend lathes used by South Bend, and not sold, were like that. They were all eventually sold as used when SB ceased that production, and I think mine is one of those.
So in making a 3C collet holder, the Morse MT3 is to be on the collet holder, so it will mount up the SB9 spindle. Would that be the part at the bottom left of the drawing?
I think starts out between centers, with something reference MT3 put in there, and then adjust the compound angle while an indicator touches to it, until it tracks true. Then put your steel in between the centers to cut the paper. I haven't thought it all through yet, but once the rest of the outer has been made, you abandon the centers, and stick it into the spindle MT3 directly, and then drill and bore it.