I am of the school that if it is impossible to make the thing work without altering it, I will alter it. If you can make it work like in the photo by
@cgrutt I would do that.
To me keeping these things as original as I can while still having them be useful is where I am going. Actually with something as simple as a grinder if it was something like this and I did not have a good option for a switch somewhere else I would just set it aside and buy another grinder. This thing is over 50yrs old. I would love to use it, but I would not want to be punching holes in it to do so.
I know a bit about antique conservation, and I have or at one time had
machines in my shop that were 150 years old. Steam engine driven
type stuff. But your ideals about not wanting to drill a 31/64" hole
in a grinder to mount a toggle switch are a bit off the map.
You are entitled to your opinion, but I think reading this GJ board
has warped your sense of priorities. You will be dead in the grave
and your un-used grinder will be on the shelf, waiting to be thrown
in the dumpster when the next generation cleans out your stuff.
-Doozer