That's a Frankenstein ratchet. The side selector rod reminds one of the neck bolts on the monster.
I have one of these 1/4'ers, and most attribute it to Wright. Don't know for sure.
Here's a shot of the internals:
Cool, B man. I was not aware the gear came out.
* Please Note, the handle holds the spring and ball in place, they can easily fall out.
Looks like same design as my Berylco.......
I had or still have one someplace. It came in a cheapie set, early 70's. I think it was Japanese, and was frusterating to use, always slipping out of selected drive.