Found a very interesting description of a tangential toolholder in Turning & Mechanical Manipulation Volume 2 by Charles Holtzapffl ( reprinted by Tee Publications).
Page 535 shows the device with a round toolbit ground with a single flat and then the author’s
version with a triangular bit. The original was used in the Portsmouth Block Factory (1802) to turn wrought iron pins. Another version had a centre hole through the bit and was used for wood turning. So Marc Brunell and Henry Maudsley could well be the source of the Tangential tool concept around 1803 when the factory started production so it may have been going for over 200 years!
The same book p996 has further material, an illustration of a toolholder on p998 is almost identical to the pictures in this post, the book was first published in 1843!
The three volumes cover a vast range, the sections on screwcutting and the problem of producing leadscrews are very interesting.
Billy.