I think you just solved it buddy will check when I get home from work. The bed extension kit I installed required drilling and tapping.It looks like the guts of a tap holder to me..........
Thank you sir, I finished the install of the new bed and cleaned all the tools up and must of missed it.....I feel so dumb lolI have not seen a part that looks like that on my 7x16 conversion. I've had the entire lathe completely apart and that part is not in my lathe. Definitaly agree it is the stationary anvil on a tap wrench or something similar.
Welcome to the forum Rebel654, you fit right in with us mini machiners.
Roy