Morse tapers on mill heads are horrid.The real trick is not to overtighten the draw bolt in the first place. The taper hardly needs any help at all, just a nip.
I remember listening to a really angry person giving Mr Warco a real piece of his mind at one of the mod eng shows in the 80/90s. I was having an earwig as I had the same machine at the time. I think Mr Warco helped him out of his dilemma in his really useful way.
So.
Undo the drawbar bolt, just 1/2 to a full turn, quill clamp on, metal hammer and give it a quick sharp bang. The drawbar should stop the tool dropping mote than a 1/8th. Because its in overtight, you might have to have a few goes at it.You feel guilty every time you hit your new machine, but you lean fast.
If you loosen the draw bar too much, you are likely to strip the draw bar threads. as I said, its a horrid way to do things, but in practice, once you have got used to it, it works