On the subject of breaking off the upper bearing area on the headstock of a 101.07301, it does not appear that, unlike the shim packs in the babbit bearing headstocks, the designer ever intended that the clamping screws be used for any attempt at squeezing the bushings enough to significantly affect the running clearance. They should only be tightened enough to prevent the bushings from spinning. If, after proper tightening with a screwdriver and no cheater pipe for twisting it, the running clearance is excessive, your only option is a new spindle.