A chap on another forum i am on just bought a little used colchester lathe, it did not come with tool holders, just the central toolpost (dickson type). Anyway he bought a few and a conversation developed about why there are tool holders available for the dickson system that have a morse taper hole rather than a slot to clamp a tool.
As a turner myself i have never had the need to hold a mt tool anywhere but the tailstock, and have never come across them in any workplace i have been.
Anyone know what is the intended use of these tool holders ?