Not a Boxford owner, but dare I suggest that the Register is actually 3.25 inches (82.5mm = 3.2480315"
and 69.8mm (2.7480315"
was probably was designed and made as 3.750 inches?
Assuming that a British lathe, of some vintage, was more likely to be made to Imperial dimensions?
If so, a couple of thou clearance would not improve precision
Howard