I harc from a bygone era of the 60's, then we (at least the company where is did my apprenticship) only had carbide tipped tools. There just coming out then i think as i was sent to an engineering exhibition as part of my training.
Anyhow cut the waffle…………i have recently bought a Myford ML7, it's a beauty, well i think it is. It's a 1957 model according to the serial number.
I have also bought four carbide tipped tools, compared to HSS tools bits they are light years better. My question is there does not appear to be any front clearance. As you can turn them round and over this makes sense, normal turning is ok but cutting into the end face is not nice to feel.
I hope this explains enough.