Build a water mortar

Step 3 Set up for turning

Insert the centers into the ends of the pipe. Roll an O-ring over the pipe. Seat the bearings into the pillow blocks. Check to see that the pipe rotates smoothly. Firmly secure the pillow blocks.

The carriage bolt protruding from the driven center is chucked into the drill.

I haven't tried it, but the whole setup might be more solid with a single piece of 1/4"x20 threaded rod running from end to end.