Hi Goran
As Tony says 50 rpm should be OK, if you want to do screw cutting you may want to go lower, but an alternative would be to rig a handle to allow you to turn the lathe over by hand and cut the threads that way. Cutting threads shouldn’t take much power (effort) as too big a cut, you’ll probably snap the tool anyway.
If you want to go to lower (powered) speeds then I think the easiest way, if your changing the motor arrangement, would be to put in either a very big pulley as the input to a counter-shaft from the motor or look at rigging a two stage counter-shaft system.
Which Island are you on?
Keith