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Old 10-18-2016, 05:40 AM
Isilder Isilder is offline
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Join Date: Mar 2013
Posts: 4,194
It appears to be to be for tying curtains (and similar) up without knots, and not being in anyway tricky or dangerous.

The cord is simply wrapped around the narrow bits... As long as there is sufficient loose end left hanging, the cord doesn't easily come off the spindle.