Time for everyone to have a good laugh on me, because I don't know what this gadget does. I can see it's some sort of stop, but does it do anything useful like cutting the feed? I am afraid to try finding out "the hard way"...
You should go back and edit the title of your first post to
"How Does the Monarch carriage stop work?"
or something similar, otherwise the boss might close the thread.
Using meaningful thread titles is very important.
Of course, if you don't know what something is, composing a "meaningful" title can be a challenge.
From all appearances it's the standard carriage "stop" on a Monarch 10EE.
Rotate the handle at the left end to a vertical position to move it left and right, then return the handle to horizontal. There are internal stops every inch so it will move left until it hits the stop.
It's designed to work with a micrometer head mounted on its right-hand end, and a dial indicator mounted on the carriage. You can easily get .001" accuracy anywhere within the length of the rod.
Here's a photo of the dial indicator that mounts on the left side of the saddle:
I've only seen manual stop versions of this, like the one on my 10EE.
If there are automatic ones I've not encountered same.
- Leigh