Hi, Bernard beat me, however, you could call mine a DPPT, (Dual purpose pillar tool) as it can be used for drilling or tapping, and by simply removing the belt. which happens to be a big “O” ring, the knurled part of the belt pulley on the quill, can then be used for tapping with small taps.

It was made from a drill that had the jockey pullies missing. The pillar had a spring inside it, which held the drilling assembly up, I removed the spring and fitted a counter balance arrangement, which makes it easy when using small delicate taps.
Regards Nick.