This is a lovely mother and daughter and above them the Merry Christmas angel. If anyone recognizes the flags, leave a comment. I do believe the translation to be Good Yule or Merry Christmas. I t make you wonder if it is Christmas even and she is saying goodnight, waitin to see what Christmas brings.
This card is very old. I was able to clean up the angel wing which had been either stamped or written on or perhaps, just worn. The signature is visible but not legible. It is so much of a reward to save these old treasures, and to enjoy them a hundred or more years later.
A sweet angel watches over them and sure they are blessed, from whatever era or country, may angels surround us this year with His peace and joy.