If it's got the original 3 phase motors, you can get a motor rewinder to pull out the star points and run all the motors off inverters. This is what I ended up doing rather than having to change belts. I actually use the same inverter for both horizontal and vertical, by changing set parameters within the menu of the inverter.
Take a look at http://modeleng.proboards.com/thread/11799/electrical-design-assitance
Check the oil points..virtually all of them are oil points and not grease ..which many users seem to get wrong.
If your going to use coolant I'd recommend fitting an enclosed tank in the base that you can get out..it get bloody messy otherwise .
There is also a yahoo group that has manuals and lots of assistance from previous exploits, albeit is moribund at present ..https://groups.yahoo.com/neo/groups/Elliott_Machine_Tool_Owners/info
Also wash and change the oil in the column, whilst it's of the base ..it will make life easier in the long run
Hopefully you have the horizontal arbour and figure of 8 arbour support ?
Is it 30int on the horizontal and 3mt on vertical ? (some are 3mt on both)
Message me if you need anything more ..as I am not a very frequent visitor
Edited By Philip D on 04/05/2019 22:47:59