I now present a device that can break down wolves into their basic components!
First off you need to get any wolf, either being your own or your neighbor's, onto the red wool.
Then you pull the lever, trapping the wolf into the special chamber.
Now just press the button next to the lever and you will transform the wolf into a more blocky form.
Press the button again to saw the "companion cube" into 2 slabs.
After some time in the millstone you will finally break down the slabs into their basic components.
Red dye, wolf chops, and string!
Now to be serious. The only real use of this device is to get the most out of your unwanted wolves. The reason why you don't want wolves could be:
1. You have too many wolves.
2. You are a sick minded person that love to abuse such animals.
EDIT: I wonder how many times I edited this to fix *grammar* issues.