It's from a set of children's books illustrated by Florence Kate Upton that is now criminal.

she illustrated a children's book entitled The Adventures of Two Dutch Dolls and a Golliwogg. The 1895 book included a character named the Golliwogg, who was first described as "a horrid sight, the blackest gnome", but who quickly turned out to be a friendly character, and is later attributed with a "kind face." A product of the blackface minstrel tradition, the Golliwogg had jet black skin; bright red lips; and wild woolly hair. He wore red trousers, a shirt with a stiff collar, red bow-tie, and a blue jacket with tails – all traditional minstrel attire.

I think the lead singer from Credence Clearwater Revival was in a band called "The Golliwogs" but that's all I know.

A nog doll or soft toy for small children. My sister had one in the 70's