no, it will make a 1 1/8th stem work with a 1" threadless fork.
If you want to run a 1" threaded fork with a 1 1/8 stem then you need one of these (a quill converter)
though one of these on the whole is not seen as either aesthetically or functionally a good idea
if you can bear to watch this then it'll give you a better idea
http://www.youtube.com/watch?v=vPlp-_do2mM
Sorry I feel such a fool. I understand now! Thanks man gonna purchase that shim adapter now
@MrNathanHarris started
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no, it will make a 1 1/8th stem work with a 1" threadless fork.
If you want to run a 1" threaded fork with a 1 1/8 stem then you need one of these (a quill converter)
though one of these on the whole is not seen as either aesthetically or functionally a good idea
if you can bear to watch this then it'll give you a better idea
http://www.youtube.com/watch?v=vPlp-_do2mM