There is disclosed an intermediate yarn feeding and control device having a storage member adapted to have yarn wound thereabout adjacent one end thereof to form yarn windings which advance toward the other end thereof. Yarn guide means located adjacent the other end of the storage member is adapted to guide the yarn, selectively, into one of two separate paths of yarn travel. A restraining element restrains the yarn withdrawal to a preselected rate when the yarn is guided through one of the paths but is clear of the yarn travel when the yarn is guided through the other of said paths for permitting the yarn to be withdrawn from the storage member at any desired rate. The yarn guide means includes a plurality of outwardly extending resilient fingers whose free ends support an outer ring so that when the withdrawn yarn is guided through the one path which is inwardly of the outer ring, it flexes successive resilient fingers which impart thereto a preselected tension.
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