Wood lathe tool

A wood cutting tool assembly comprising a blade member formed of a thin bar of material bent into a generally U shape and having a rounded end wall and side legs extending from said rounded end wall to define a space between the legs, said legs and rounded end wall having upper and lower edges, the upper edge of said rounded end wall being sharpened to form an upwardly facing cutting edge, means to support said blade comprising a base engaging the lower edge of said legs, a guard plate engaging the upper edge of said legs, means to exert a clamping force on said base and guard plate to clamp and support the legs during use, said guard plate overlying said blade and having a nose portion closely overlying the rounded end wall adjacent said cutting edge to limit the amount of space between said guard plate and said cutting edge and thereby limit the depth of cut of said cutting edge, and a chip deflector including a deflector wall extending between said legs and spaced from the rounded end wall to define a chip channel, said deflector wall being inclined in direction away from the rounded end wall and in direction away from the cutting edge.