… I can’t say I’m impressed. What’s wrong with a keyed slot or grub screw? 🤦🏼♂️
Just a guess, but this kind of slippy arrangement is sometimes used to protect a machine in the event of a crash. Like a shear pin, but less dramatic.
If so, I’m not sure why it should spin prematurely. As the saw is second-hand, it may have taken a wallop in the past causing the joint to let go and maybe damage was done before the taper released. I’d carefully inspect the whole saw looking for damage, especially any sign of stiffness in the mechanism as it turns. Could be something is bent, causing enough extra friction to force a slip. Or, maybe the build is incorrect, perhaps misaligned parts. Not everyone is a good machinist, or can read a plan correctly, blush!
Dave