Lots of ways to do it. I personally would stay close to the original patent but start with a piece of thick wall tube for the clamp. Slot on opposite sides and weld two lumps on for clamp bolts. Tap blocks right through for clamp bolts then split to make a pair of half round sections. Drill bolt holes in one out to clearance, clamp back together and turn centre hole back to true round just big enough to slide nicely on the drill column. Make the arms from flat steel as per drawing. Bolt up with spaces and weld on. Might need a touch with the file to get sliding clearance back.
If going from solid I'd start with two blocks big enough to contain half clamp and clamping bolts. Drill, tap and clearance the holes for the bolts. Bolt up together and fit central hole. Pretty up outside profile to taste. If copying the Prima version make the arm from thick wall tube, either direct from stock or made to size from bar stock. Fit threaded hole for knurled screw on outer end. Put a short thread on the other to screw into the clamp, pipe thread would seem best. Drill and tap suitable size hole in clamp and loctite in place. Make slotted bar and foot as per original. The bar will be more stable if you can arrange three point contact by cutting a keyway opposite the knurled screw so it clamps against two lines rather than just one immediately opposite the screw. 1/8 – 3/16 or 4 mm wide would seem about right. If making your own tube from solid drilling a small, full length hole on the diameter of the main hole before making the main one works but need to be careful that the small drill doesn't run out.
If you'd prefer flat bar style, like the patent rather than a tube, simply put right angle tabs on the end of the bars and bolt to the clamp having arranged a suitably flat face and appropriate holes. Ought not to be that hard to adapt a commercial toggle clamp from folk such as those linked to by Michael if you don't fancy figuring out the details of your own design of cam operated locking device. There were plans for such camps in one of the earlier issues of MEW which might prove inspirational if anyone has details of which issue they were in. My guess is around Number 40 to 50 mark.
Clive.