All your suggestions have been followed up with these results:
The drill is sharp, about 3 mm. in and not grabbing in the work piece. Just to be sure a running centre was fitted in the tailstock and gentle pressure on the brass had the same effect – stall.
Temporary wiring to the mains, bypassing the Dewehurst switch, yielded no improvement. The switch contacts were examined again to ensure no sign of arcing.
When the stall occurs the whole drive train stops, from chuck to motor, so the fault is not in the mandrel pulley gear.
A DTI on the chuck revealed 1.5 thou end float. Not excessive one would think, but there was a definite click-click as the chuck was heaved in and out. That was not expected when there should be an oil film over the conical bearing. The dash pot was full of oil. A little oil was drizzled down the back of the chuck whilst running after which the end float was a quiet 1 thou and the problem had disappeared. Thank you, Eric, for steering me towards that.
I bought the machine about three months ago after it had lain unused for a number of years. One thing that wasn't checked was the condition of the spindle bearing oil wick. Now that it's been removed it's apparent that whatever lubricant had previously been used had turned waxy so that my newly applied oil was not reaching the conical bearing which has dried out to the extent that the least inward pressure on the spindle caused it to lock up. A manipulative soak in thinners has dissolved the waxy deposit after which a soak in oil has restored the wick to pristine.
Thank you all for your interest and assistance.