This is a gorgeous  hold-all bag. It was originally for laundry perhaps, or for someone going to camp or school but of course you can use it for anything you need a drawstring bag to contain.  Its made of an white linen barkcloth or heavy linen perhaps and embroidered with the initials MSS.  I believe this is circa 1950s.
The holder measures approx. 34" tall and 25" wide at its widest. 
Excellent vintage condition, structurally. But it does have some marks and stains.  Most of these are on the back but theres some on the front as well. Has been gently laundered and ironed by yours truly. 

Please note that many of my items are vintage and/or made using vintage materials. I do my best to list any major issues but some signs of life and love are to be expected and only add to their charm.