Color pencil on light gray wove paper, circa 1910. 

Mothers or nannies daydream as children, mostly absent from the composition, sail toy boats on the pond. The verso of this sheet depicts in fine detail a middle-aged man with overgrown sideburns. A facial hair fashion that was then likely perceived as a look of wisdom or authority would, amusingly, today likely be one of retro-hipness. Fashion can be funny that way. Signed and titled in pencil.