For carrying bundles, seen something similar but not so ornate. Those metal pieces in the middle of you notice have the little pins inside, take a knotted rope and pit the rope through that loop and the knot catches on the pins, makes it adjustable. Just the decorative handles throw me of, braided rope I can understand, the metal loops I can but why the handles unless this one is for or made by a lady.
Get your facts first, then distort them as you please-Mark Twain