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My grandfather had what must have been the 'multi-power-tool' of the time. It was a wooden frame about 4' x 4 with lots of leather belts and pulleys to drive a table saw, a band saw and lathe. I don't remember that he had a drill press. Granted, it wasn't powered by steam (he had a big electric motor powering it) but it was a marvelous contraption. Unfortunately it disappeared after he died, probably tossed out as 'old crap'. I would have loved to have it, but I wasn't old enough to have a place of my own to put it (and never thought it would disappear until well after the fact.)
I know the set up you are talking about and it would be so easy to rig up a workshop steam engine to power that sort of table up. I was looking at getting one about 15 years ago and didn't because it was impractical at the time and now if you can find one of those set ups in working order they cost an arm and a leg.