Manufactured in Waltham, USA, home to so many other high-class machine-tool makers, the Clement Precision Watchmaker's lathe was the product of William Dickey Clement's fertile imagination. The distinguishing feature of a basic Clement - other than the wildly exaggerated advertising claims leavened with homemade homilies  - was the stout foot that allowed the bed to be swung whilst the headstock remained in alignment with its drive pulley. Competition in the watch-lathe sector before the 1940s was keen and although the Clement enjoyed an advantage in the number and variety of accessories offered (and some were very cleverly designed) they were, users reported, too tricky in operation and often too flexible to be a success. Many owners, realising that the machine was not functional when set up in one of its modified forms, simply used it as a standard watchmaker's lathe and the special fittings, now so sought after as collectors' items, were discarded.
By 1946 the standard Clement was refereed to in publicity material as both the "Master Watchmakers' Lathe" and "Clement Master Watchmaker's Lathe" - the latter when fitted with a larger spindle and greater capacity "Magnus" rather than (smaller) WW collets. The range had also expanded to include what was termed a "Manufacturing" model, a 4.72-inch swing version with a heavier 3-speed drive to the spindle from a foot-pedal-controlled variable-speed motor and various specifications that ranged from a simple plain lathe to one with screwcutting and power-feed through changewheels and a universally-joined shaft to the top slide. The "Manufacturing" retained the swivelling bed, long a Clement trade-mark feature, and was available in 12, 15, or 18-inch lengths that gave, respectively, 4, 7 and 10 inches between centres. A wide range of extras was available that began to rival, if not quite match, the extent of those offered by European manufacturers such as Boley, Leinen, Lorch and Wolf Jahn. Accessories included a precision, ring-scroll 3-jaw chuck, a tip-over hand rest, 14 changewheels English screwcutting, 14 changewheels for metric screwcutting, a drill chuck to fit headstock or tailstock, a faceplate of the "Universal" type with jaws, a vast set of collets from a No. 3 (0.0118") to a number 115 (0.4375"), stepped collets from a number 1 to a number 5 to hold watch plates, stepped clock-wheel holding collets, cementing brasses, blank collets, a variable-speed motor-drive system, an ordinary compound slide (cross and top slide) and a three-tier slide not dissimilar to that more commonly found on Derbyshire watchmakers' lathes.. Also listed were polishing, grinding, milling and gear-cutting spindles (held on the tool slide and powered from an overhead drive system) a pivot polisher, a universal faceplate with reversible jaws and a number of different tailstocks including the long-established "combination" type. The lathe could also be fitted with a miniature bed capstan turret - probably the most difficult-to-find accessory of all.
In March 1946 the basic lathe consisting of just the headstock and bed was priced from $108.75 for the shortest bed model to £139.95 for the. Longest. However,  if all the accessories mentioned above were added the price rose to over $1350 - but that excluded collets ranging from $3.75 to $6 each.
Clement's advertising literature included amongst its pages the following:
"Whose job are you after  - the man ahead of you or the one behind? Look out! You may get it."
"The fellow who schemes merely to "get by" ………
"Will you keep up to date, or will you sit back and "let the rest of the world go by?"
"Watchmakers who do not progress may just as well climb into their coffins, for they ……………"
Unfortunately Clement's advertising literature appears to have been printed on paper of indifferent quality and most surviving examples from before WW2 are in  poor condition. If anyone has examples of Clement literature in good condition the writer would be interested to hear from them..