The Downham Hoover motor was stamped as 220/440 and sure enough under a very dust filled plate probably never removed on the motor were six terminals. It had been run on 440 3PH.

The origional 440V star configuration 1-3-4 as the centre, 2,5,6 as the 3 phase.

The new 220V delta configuration. 1-6, 2-3, 4-5. with the 3 phase on 2,5,6 or could be any of the three bars.

Next problem the 240V lamp was on a transformer so I just disconnected it from the rear terminal box. next problem the side on/off switch was a solenoid overload current trip but was a 440v solenoid so just buzzed at 220. 
So I just jumped the blue-blue, white-white, red-red, the inverter handles overload currents so this is not needed.
AND I was cutting metal !

Yes I will use as centre drill when Im less excited.