RIDGEWAY CRAFTS FABRIC STRIPS CUTTER MACHINE LEATHER LACING QUILLING PAPER RUG HOOKING
Very nice condition for the age. Works fine and is sharp. See last four photos for results. Please see all photos and ask if in doubt.
Passed down in the family, this heavy duty vintage fabric cutter is marked Ridgeway Crafts 6 Lincoln Road Salem, Mass.
It also has a paper label stating M (medium) 1/8" meaning the strips will be 1/8"
Clamp it to a work surface, crank the handle and guide your material and you will have 1/8" strips four at a time. 
Originally used to cut wool strips for hooked rugs, it can also be used for making your own paper quilling strips and it will cut lightweight leather into lacing strips.
Stored in a pet and smoke free home
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