My mill has a 3MT taper for the tooling, rather than a draw bar it has a 70mm diam knurled nut on the spindle nose to retain the tooling. When I first purchased the mill I had no tooling, good friend of mine a toolmaker offered to give me a few pieces to get me going, he watched as I worked - I reached for a set of multigrips to tighten the knurled nut - he stopped me and pointed to the knurls on the nut and said that is for your hand not for multigrips. I only ever tighten by hand and have never had any tooling slip or spin.
I did experience some slip in the lathe though, the tailstock quill has no recess for a tang, so the taper must be in good condition, after the first experince of slip in the lathe I lapped the quill spindle with fine grinding paste and an arbour - not much only took a minute or so, since then (15yrs ago) I have not experienced any slipping even with my largest drill bit a 2MT 1".
I did experience some slip in the lathe though, the tailstock quill has no recess for a tang, so the taper must be in good condition, after the first experince of slip in the lathe I lapped the quill spindle with fine grinding paste and an arbour - not much only took a minute or so, since then (15yrs ago) I have not experienced any slipping even with my largest drill bit a 2MT 1".