What kind of bag is this?

I'd say for tools and hardware.
~
...or it's just a true 'old bag'.

 

Oy, there he goes with the 'old bag' again.

 

Think it could be a sailors
ditty bag?

 

Kind of shallow, don't you think? If you look at the measuring tape, it's only 10" across which means its 4"-5" high. Weird dimensions.

 

HA!!!

 

.....no......

 

It seems like you close one area and keep another open or close all three and keep one open

 

For bombs, early in WWI, when they were tossed over the side of the biplane by hand?

 

I don't know why all the eyelets but I'm pretty sure I've seen bags like that in older wood shops. Each section held a different size fastener then the worker would carry the bag with him.

 

Here's a newer one I found on the internet.

 

As I said.

 

I'd call it a home run, since it's a four-bagger.

 

The string is thin wouldn't of broke if someone was carrying all that weight of nails

 

Depends on the cord.

 

The cords appear to be leather or hide and would have been quite strong when in good condition; and the weight appears to have been supported by at least four strands of leather.

 

And why so many holes for just nails? Could of it been possibly for mail?

 

Found it!

 

Ma Bell's handbag!

 

I've GOT it!!!......A dirty, rotten, small 4 compartment drawstring canvas bag!!!!!