what toolpost to buy?

JT.

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for a lathe 14(2x7.28")x40
the toolpostbase on the compount is at 1.6"from the center
 
Agreed, BXA. Generally you would need at least 1.813" clearance from the top of the compound slide to centerline of the spindle to use a CA with 3/4" shank tools.
 
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