Back again,
I had a brain-phart today and measured from the base of cutter on the 4 sided tool post to the center of the spindle. Mine measured .500 inches. I went to a local shop (we call it the "Nut and Bolt shop") that happens to have bins of different cutters and bought 3 of the 1/2" square cutters. Sure enough, when I mounted one of them in the tool post the center of the cutter is exactly on center of the spindle. Eureka!! No need for shims for my cutters nor an expensive QCTP. Something to look at. Gee, it is fun being an old tight-wad. Lol
NodakGary