This release went into production in 1938 and lasted until 1957, when 2A version was introduced.  It established itself as one of the best and stable model.

Millers Falls catalog describes this drill as:

Single speed hand drill with two pinions. Malleable iron frame is enameled black.  Drive gear is painted red.  Tropical hardwood main handle with hollow storage for drill bits and cap. "Chef's cap" side handle.  Ball thrust bearing on spindle. 

Three-jaw, spring type chuck adjustable from 0 to 3/8 inch.  Bright parts nickel plated.  This is the first year - 1938 - when second pinion was introduced.  Length is 14 1/2 inch. Weight is 2 1/2 lbs. 

 Main and crank handles are in hardwood, stained and lacquered.