A half horsepower motor does not sound sufficiently powerful for your machine. the possibility is that the motor is being slowed so much that the current draw trips the circuit breaker.
From my Apprentice Training Notes of 1959 vintage, the Feed per Tooth for a Slitting Saw is 0.003" / tooth, and for a Face Mill is 0.007"/ tooth when machining low carbon steel.
The footnote says " Factors to be taken into account before choice of feed is made are:
a ) power available, b ) rigidity of machine, c ) set up ,d ) convenient cutter life and e ) Accuracy of final dimension."
The note also says: "The above figures are published by a well known milling machine manufacturer, and represent performance under ideal conditions". Which probably includes flood cooling with soluble oil, rather than dry.
So count the number of teeth, and arrange the feed on the basis of the above, but be prepared to work below these rates, if cutting dry.
A 2 mm wide cutter is a Slitting Saw, rather than a Side and Face Cutter. For your safety, DON'T use a key!
If the cutter is in good condition, you may be surprised by the rate at which you can feed, theoretically.
Once I was slotting soft jaws, taking a 0.180" deep cut with a side and face cutter, using a feed of 6" / minute. The machine was not a big Cincinnatti, but a small, old, Herbert with flat belt drive! The overarm was actually two large diameter ( about 4" ) round steel bars, so an elderly machine that had, no doubt seen a lot use in the main machine shop before being downgraded to the Training School..
As already advised, Cutting Speed would be similar to that used for turning. (With a 3" cutter, circa 100 rpm? )
DON'T make the mistake that I once did on a small universal Mill, of running in reverse! The cutters don't work at all well!
Howard
Edited By Howard Lewis on 18/06/2019 17:14:13