From the Project Gutenberg version of Exercises in Knitting by Cornelia Mee.

• Direct link to instructions in HTML version
• Ravelry pattern page

"Pins No. 14. Take 11 shades of wool, begin with the darkest, and 4 rows of each shade; that is, 1 pattern done of each. Cast on 155 stitches, 57 on 2 of the needles, and 38 on the third." --NOTE: 57+57+38=152 - cast on 152 sts.

• Round 1 is tricky to parse, but since 57 and 38 are multiples of 19, it's likely that there should be 8 yos in each repeat.
• Round 2: "seam 4" at the end should be "seam 3"

"The stitches will now be reduced to their original number. Tie on the next shade, and repeat the 5 rows as before. Repeat this 15 times. Then take very small needles, and knit a binder, in simple ribs, in any of the shades, 15 rows deep."

"The handle is made by knitting on 2 needles of the same size as those used for the bag, with double wool, in the following manner:—Cast on 14 stitches, slip 1, bring the wool forward, slip 1, knit 1, pull the slipped one over the knitted one to the last 2, which are both knitted; without bringing the wool forward, fold the two edges into the middle, and sew together with the double wool. Silk tassels to match."

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