According to john :
[ ... ][ ... ]
O.K.
I've actually got a set of them in MT-1 (or is it MT-0?) anyway, I made a Morse taper holder for a releasing tap holder for the turret on my lathe. I have yet to put it to the fire test.
There are also variants designed to hold cylindrical shank drill bits -- with a flat tang ground into the end of the bit.
Not with my turret for 1" shank tools. :-) The turret replaces the tailstock for production work.
Enjoy, DoN.