Part of a four-piece set - “Festive Cardigan and Knickers” (Model 22), which includes cardigan, knickers, vest, and hat.
For the cardigan pattern, see Child’s Festive Cardigan
For the vest pattern, see Vest
For the hat pattern, see Child’s Festive Hat

Rauma Finullgarn = 191yd/50g

Yardage for knickers
50 (100, 100, 150) g each red and yellow
50 g blue
150 (200, 250, 300) g black

Finished measurements
Hips: 21 1/4 (25 1/4, 26 3/4, 28 1/4) inches
Length: 13 3/4 (17 1/4, 20 7/8, 24 3/8). Inches