A drawing from 1860s by Austrian artist Moritz von Schwind (1804-1871). Found it in 'Schwind des Meisters Werke' (1906) by Otto Albert Weigmann.

The drawing is based on the story of "The Magic Horse" that appears in The Arabian Nights/Thousand and one nights. The scene depicts a Prince of Persia rescuing a Princess of Bengal from a King of Kashmir.