Thankyou for that!
I envisage using a tool ground from round material to simplify the clearance problem, and having sculpted the basic form by off-hand grinder, using the tool-&-cutter grinder to finish accurately.
I've some simple round-bit holders I'd made originally for the little EW lathe, but if they give enough clamping area and clearance there's no reason they can't be used on hefty lumps like the Harrison L5.
The grinder is a 'Worden' design, Hemingway kit.
I'd thought cast-iron or leaded bronze for the nut, mild-steel for the screw, but make an aluminium lap to finish the screw to a decent surface. Or possibly silver-steel screw hardened and tempered (molten-lead soaking is is about blue-purple temperature) then lap to polish. I used an aluminium lap held in a big die-holder, and valve-grinding paste mixed with oil, to finish the crankshaft ends.