How about nipples and olives rather than standard pipe tails. You could try 1/4 olives parted off with 45 degree tool, 5/16 x 40 threads as you will have very little wall thickness, and nipples with a 3/16 hole opening to 1/4 for the olive and threaded to match the 3/8 nut. Brian Wilson uses this system in his gauge 1 Eric book.