Abstract: An adjustable lathe mounting system for turning a work piece on a rotating lathe having a lathe bed, headstock, and a headstock spindle, where the work piece is attached to the headstock spindle. The lathe mounting system includes an adjustable base releasably attached to the slotted way of the bed via a locking plate and a pair of laterally adjustable way spacers moveable within a laterally extending slot that engage each side of the slotted way.