Yes, this is the same floatant/line cleaner that your grandfather used. Made in England, the paste dressings restores original floatation to flies and lines while it cleans and protects. The green label has added silicone, while the red label is a natural non-animal fat dressing. The Hourglass Liquid is a silicone dressing easily applied with the special bottle - place your fly in the top, cover, tip and remove.