Jonathon
Not really man enough for such deep holes. In smaller diameters likely to bend the drill and at larger ones it just doesn't have the power or rigidity to do the job without multiple pecks and swarf clearance. Holes deeper than about 2/3 rds of the standard jobber drill flute length tend to be tricky.
Even my Pollard 15AY, which is a full blown industrial machine of pretty massive construction based on a square cast iron pillar, likes coolant for that sort of thing.
Realistically nothing with the standard sort of round column is going to be very happy on that sort of duty. When it comes to affordable machines you have to be realistic about the price / performance ratio.
Could be coaxed into doing a once in a blue moon job if you are careful.
A friend had a splendidly Victorian looking Denbiegh of considerable height driven via multiple flat belts that handled such things with casual aplomb using its self feed.
Clive