Depression era vintage cotton feedsack (still sewn up as a bag) with one full repeat to make a cut and sew toy teddy bear. The finished bear would be about 13" tall, the sack measures 23" x 35" (46" x 36" fabric).
This is somewhat discolored and slightly faded, but we very seldom find with cut and sew print sacks in original condition like this - a nice find!