I have a General lathe (Canadian General), that I bought from a vocational school auction. It had been sitting for several years in a warehouse. A teacher told me that even when they had woodworking at the school, the lathe was rarely used. Put it in the shop and it works fine except. I get a squealing noise every now and then and I don't know weather its coming from the belt or the pulley spindle. This lathe has a reeve type pulley for the variable speed. I have sprayed WD-40 on the spindle and the belt sides. Seems to quiet it for a little bit then its back. The noise does not happen at lower speeds, but at around 2000 or so it starts, and is intermittant. Has anyone experienced this, and know a remedy?